Carencro, LA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Carencro, Louisiana Market population: 9K. Explore income-producing properties with verified cap rates and operating...
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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 Carencro LA Properties: 56.0000%
⭐ 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 Carencro LA
Common questions from investors exploring commercial real estate in Carencro LA.
What's the overall investment potential of Carencro, LA, considering its demographic and economic indicators?
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With a median household income of $56,394 and a relatively low poverty rate of 12.9%, Carencro, LA, presents a stable market, further reinforced by its high health insurance coverage of 92.5% and a strong employment base in industries like Health Care & Social Assistance and Retail Trade.
How does the city's ethnic diversity and industry mix impact the demand for real estate investments?
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The diverse population, comprising White, Black or African American, and Asian ethnicities, contributes to a vibrant community, while top industries such as Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services drive local economic growth, suggesting a robust demand for housing and commercial properties.
What are the implications of the city's commute times and transportation methods for real estate investors?
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Carencro, LA's average commute time of 26.4 minutes, coupled with prevalent commute methods like driving alone, carpooling, and working from home, indicates a manageable and flexible transportation infrastructure, which can enhance the attractiveness and value of properties in the area, especially for those with a short commute to major employment centers.
How do the poverty rate, health insurance coverage, and employment statistics influence the quality of tenants in the rental market?
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The combination of a 12.9% poverty rate with a high health insurance coverage rate of 92.5% and an employed population of 4,386 suggests a relatively stable and secure tenant base, as these factors often correlate with employment stability and the ability to meet rental obligations, making it an attractive consideration for rental property investors.
What insights can be gleaned from the city's median property value, property taxes, and homeownership rate for investment decisions?
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With a median property value of $173,400 and median property taxes of $943, Carencro, LA, offers a relatively affordable housing market, while its high homeownership rate of 74.2% indicates a strong sense of community and property value stability, making it a viable option for investors looking to balance property appreciation potential with rental income opportunities.
Carencro LA Real Estate & City Facts
Key facts and real estate information about Carencro LA.
What are some of the best neighborhoods to live in Carencro?
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Some of the best neighborhoods to live in Carencro include Oak Path, Barrington Place, Couret Farms, La Bon Vie, and Moss Bluff. Additionally, Oak Springs is a peaceful and family-friendly neighborhood in Carencro. The northwest parts of the city tend to be more desired, while more affordable homes are in the north regions.
What are some fun things to do in Carencro?
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There are plenty of fun things to do in Carencro, such as visiting Pelican Park, Walmart Tech, Carencro Sports Complex, Farm d' Allie Golf Club, and C'est La Vie. You can also explore the Lafayette Jockey Lot Flea Market, FunFlicks, and the Carencro Nature Sanctuary. For a peaceful retreat, be sure to visit the Carencro Nature Sanctuary, which offers tranquil walking paths.
What is the food scene like in Carencro?
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The food scene in Carencro is vibrant, with a variety of restaurants to choose from. Some popular options include Vestal Restaurant, Prejean's, Ruffino's On The River, and Boutin's Seafood, Steakhouse & Oyster Bar. You can also find great eats at The Bus Stop Bistro on North University Avenue. There are also plenty of great food trucks and cafes in the area, offering a range of cuisines to suit every taste.
What are the pros and cons of living in Carencro?
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The pros of living in Carencro include its peaceful and family-friendly atmosphere, easy access to Lafayette and I-10, and a range of outdoor activities such as golfing and walking trails. However, some cons include the limited number of job opportunities and a relatively high poverty rate. Additionally, the city's small size may not offer as many amenities and services as larger cities.
Is Carencro a good place to live?
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Carencro can be a good place to live for those who value a peaceful and family-friendly atmosphere, with easy access to outdoor activities and a range of local restaurants. However, it may not be the best fit for those looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether Carencro is a good place to live depends on your individual priorities and preferences.
⭐ 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 Carencro LA Commercial Property: $56,394
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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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