Merrydale, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Merrydale, Louisiana Market population: 10K. Compare commercial properties across all major asset classes with...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Merrydale LA Properties: 6.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Merrydale LA
Common questions from investors exploring commercial real estate in Merrydale LA.
What's the overall investment potential of Merrydale, LA, considering its demographics and economy?
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Merrydale's 25.4% poverty rate and $46,944 median household income suggest a working-class market, while its 88.7% health insurance coverage and 22.4-minute average commute time indicate a relatively stable population with access to employment and healthcare, making it an attractive investment opportunity.
How does the city's ethnic diversity and industry landscape impact real estate demand?
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The city's diverse population, with 90.1% Black, 3.2% White, and 2.5% White Non-Hispanic residents, combined with top industries like Public Administration, Transportation & Warehousing, and Educational Services, suggests a strong demand for housing, particularly for workers in these sectors, which could drive up property values and rental yields.
What are the implications of Merrydale's poverty rate and health insurance coverage for tenant quality and property management?
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The 25.4% poverty rate, although concerning, is somewhat mitigated by the 88.7% health insurance coverage, indicating that many residents have access to employment and healthcare, which could lead to more reliable tenants and lower property management costs, making it an attractive option for investors seeking stable cash flows.
How do the city's commute times and transportation methods affect the quality of life and property values?
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Merrydale's 22.4-minute average commute time and top commute methods, including driving alone, carpooling, and working from home, suggest a relatively convenient and flexible transportation network, which could contribute to a higher quality of life, increased property values, and higher demand for housing, particularly in areas with easy access to transportation hubs.
What role do the city's homeownership rate and median property taxes play in determining its investment potential?
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The 68.9% homeownership rate and $2,348 median property taxes in Merrydale indicate a relatively high level of investment in the community, with many residents having a stake in the local real estate market, which could lead to increased property values and a more stable market, while the moderate property tax burden could help keep costs manageable for investors and homeowners alike.
Merrydale LA Real Estate & City Facts
Key facts and real estate information about Merrydale LA.
What are some of the best neighborhoods to live in Merrydale?
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Some of the best neighborhoods to live in Merrydale include Scotlandville and Monticello. However, it's worth noting that Merrydale is considered a low-income area and has its issues associated with that. It's always a good idea to do your own research and visit the area before making a decision.
What are some fun things to do in Merrydale?
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There are plenty of things to do in and around Merrydale, including visiting the Laura Plantation, exploring the Fort Buhlow Recreation Area, and checking out the local restaurants and bars. You can also find unique restaurants and cafes in the area, such as Roul's Deli and Tallulah Crafted Food & Wine.
What is the food scene like in Merrydale?
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The food scene in Merrydale is diverse and offers a range of options, from traditional Louisiana cuisine to unique restaurants and cafes. Some popular spots include Roul's Deli, Tallulah Crafted Food & Wine, and Cocha. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Merrydale?
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The pros of living in Merrydale include its affordability and proximity to Baton Rouge. However, the area also has its challenges, including a high poverty rate and limited job opportunities. It's worth weighing the pros and cons carefully before making a decision about living in Merrydale.
Is Merrydale a good place to live?
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Whether or not Merrydale is a good place to live depends on your individual priorities and preferences. If you're looking for an affordable place to live with a diverse community, Merrydale might be a good fit. However, if you're concerned about safety or job opportunities, you might want to consider other options. It's always a good idea to do your own research and visit the area before making a decision.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Merrydale LA Commercial Property: $46,944
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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