La Grande, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in La Grande, Washington Market population: 13K. Compare commercial properties across all major asset classes...
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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 La Grande OR Properties: 1.4450%
⭐ 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 La Grande OR
Common questions from investors exploring commercial real estate in La Grande OR.
What is the overall investment potential of La Grande, OR, considering its demographic and economic factors?
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La Grande's median household income of $35,860, combined with a poverty rate of 21.5% and a high health insurance coverage rate of 91.5%, suggests a relatively stable market with a mix of working-class and more affluent residents. The city's diverse economy, with top industries including Information, Transportation & Warehousing, and Public Administration, contributes to its investment potential. Additionally, the short average commute time of 11.4 minutes and high homeownership rate of 52.1% indicate a desirable quality of life.
How does the ethnic diversity and foreign-born population impact the real estate market in La Grande, OR?
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The city's ethnic diversity, with a majority of White and White Non-Hispanic residents, and a relatively low foreign-born rate of 2.3%, may contribute to a stable and predictable market. The presence of Hispanic residents, although small, can also indicate potential for cultural and economic growth. Furthermore, the city's low poverty rate among its employed population and high health insurance coverage rate suggest a strong foundation for rental income and property appreciation.
What are the key factors influencing the rental yield and property appreciation in La Grande, OR?
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The median property value of $137,700 and median property taxes of $2,882 in La Grande suggest a relatively affordable housing market. The city's high employment rate, with 5,867 employed residents, and low average commute time of 11.4 minutes, contribute to a strong demand for rental properties. Additionally, the diverse economy and stable health insurance coverage rate of 91.5% can lead to a relatively low vacancy rate and steady property appreciation.
How does the quality of life in La Grande, OR, impact its attractiveness to real estate investors?
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The city's short average commute time of 11.4 minutes, high health insurance coverage rate of 91.5%, and relatively low poverty rate of 21.5% contribute to a high quality of life, making it an attractive location for residents and investors alike. The top commute methods, including driving alone, carpooling, and walking, also indicate a well-planned infrastructure and accessible transportation options. This, in turn, can lead to increased property values and rental yields.
What are the implications of La Grande's economic inequality and income distribution on its real estate market?
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The city's Gini coefficient of 0.491 indicates a moderate level of economic inequality, which can impact the real estate market. However, the median household income of $35,860 and high employment rate of 5,867 residents suggest a relatively stable economy. The poverty rate of 21.5% is somewhat mitigated by the high health insurance coverage rate of 91.5%, indicating access to essential services. Investors should consider these factors when evaluating the potential for rental income and property appreciation in La Grande.
La Grande OR Real Estate & City Facts
Key facts and real estate information about La Grande OR.
What are some of the best neighborhoods to live in La Grande?
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La Grande has several neighborhoods that are popular with residents, but I couldn't find specific information on the best neighborhoods to live in. It's always a good idea to visit the area and talk to locals to get a sense of which neighborhoods might be the best fit for you.
What are some fun things to do in La Grande?
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There are plenty of fun things to do in La Grande, including visiting the Oregon Trail Interpretive Park, the Union County Museum, and the Elgin Opera House. You can also explore the great outdoors at places like Mt. Emily, Morgan Lake, and the Ladd Marsh Wildlife Area.
What is the food scene like in La Grande?
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La Grande has a growing food scene with a variety of restaurants to choose from, including Side A Brewing, The Local, Yia Yia Nikki's, and Raul's Taqueria. There are also plenty of great food trucks and cafes to grab a bite to eat.
What are the pros and cons of living in La Grande?
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The pros of living in La Grande include its small-town charm, outdoor recreation opportunities, and a growing food and arts scene. However, some cons might include the limited job market and career advancement opportunities, as well as the town's remote location. Ultimately, whether La Grande is a good fit for you will depend on your individual priorities and lifestyle.
Is La Grande a good place to live?
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La Grande can be a great place to live for people who value a small-town lifestyle and easy access to outdoor recreation. The town has a strong sense of community and a growing arts and culture scene. However, it may not be the best fit for everyone, particularly those who are looking for a more urban lifestyle or greater career advancement opportunities. It's always a good idea to visit the area and get a sense of the community 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 La Grande OR Commercial Property: $35,860
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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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