Chalmette, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Chalmette, Louisiana Market population: 18K. 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 Chalmette LA Properties: 98.0000%
⭐ 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 Chalmette LA
Common questions from investors exploring commercial real estate in Chalmette LA.
What is the overall investment potential of Chalmette, LA, considering its demographic and economic factors?
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Chalmette's median household income of $39,461, combined with a poverty rate of 22.7% and a health insurance coverage rate of 87.9%, suggests a working-class market with some employment stability, making it a potential investment opportunity. The city's top industries, including manufacturing and finance, also contribute to its economic stability. Additionally, the average commute time of 25.6 minutes and top commute methods, such as driving alone and carpooling, indicate a relatively convenient transportation system.
How does the ethnic diversity and industry mix in Chalmette, LA, impact the demand for real estate investments?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a diverse demand for housing. The top industries, including manufacturing, finance, and real estate, also drive demand for commercial and residential properties. Furthermore, the foreign-born rate of 6.4% and the median age of 31.8 suggest a potential for growth and development in the area.
What are the key factors to consider when evaluating the quality of life in Chalmette, LA, for real estate investment purposes?
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The average commute time of 25.6 minutes, health insurance coverage rate of 87.9%, and homeownership rate of 58.6% are all important factors to consider when evaluating the quality of life in Chalmette. These metrics suggest a relatively stable and convenient living environment, which can contribute to the attractiveness of the area for investors. Additionally, the median property value of $129,700 and median property taxes of $3,903 provide insight into the local real estate market.
How does the poverty rate and income inequality in Chalmette, LA, affect the potential for real estate investments?
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The poverty rate of 22.7% and GINI coefficient of 0.459 indicate a level of income inequality in Chalmette, which can impact the demand for affordable housing. However, the employed population of 7,601 and top industries, such as manufacturing and finance, suggest a relatively stable economy. Investors should consider these factors when evaluating the potential for real estate investments in the area, particularly in terms of rental yields and property appreciation.
What are the implications of the city's commute methods and health insurance coverage for real estate investors in Chalmette, LA?
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The top commute methods, including driving alone and carpooling, and the health insurance coverage rate of 87.9% suggest a relatively convenient and stable living environment. These factors can contribute to the attractiveness of the area for investors, particularly in terms of rental yields and property appreciation. Additionally, the median property value of $129,700 and median property taxes of $3,903 provide insight into the local real estate market and potential for investment returns.
Chalmette LA Real Estate & City Facts
Key facts and real estate information about Chalmette LA.
What are some of the best neighborhoods to live in Chalmette?
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Some of the best neighborhoods to live in Chalmette include Battleground Gardens, Buccaneer Villa, Chalmette Vista, Crescent Ridge, Floral Estates, Le Petit Manor, and Upper Chalmette. These neighborhoods offer a range of housing options and are known for their cleanliness and convenience.
What are some fun things to do in Chalmette?
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Chalmette has a lot to offer when it comes to things to do. You can visit the Chalmette Battlefield and National Cemetery, take a nature and wildlife tour, or explore the city's many parks and outdoor spaces. There are also plenty of great restaurants and bars to check out, such as Parish Diner, Rebouche's Cafe, and Jeanfreau's Restaurant.
What is the food scene like in Chalmette?
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The food scene in Chalmette is diverse and delicious. You can find everything from traditional Louisiana cuisine to seafood and steak. Some popular restaurants include Jeanfreu's Restaurant, MeMe's Bar & Grille, and Brewster's Restaurant. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Chalmette?
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The pros of living in Chalmette include its convenient location, affordable housing options, and friendly community. However, some cons include the city's limited job opportunities and higher crime rate compared to other areas. Overall, Chalmette is a great option for those looking for a affordable and welcoming place to live.
Is Chalmette a good place to live?
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Chalmette can be a good place to live for those who value affordability, convenience, and a strong sense of community. While it may not have all the amenities and job opportunities of larger cities, it offers a unique charm and a high quality of life. Ultimately, whether or not Chalmette 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 Chalmette LA Commercial Property: $39,461
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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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