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Carencro, LA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Carencro, Louisiana Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Carencro LA Properties: 56.0000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

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? +
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? +
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? +
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? +
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? +
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? +
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? +
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? +
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? +
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? +
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

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

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

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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