DeRidder, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in DeRidder, Louisiana Market population: 11K. 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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For DeRidder LA Properties: 1.2100%
⭐ 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 DeRidder LA
Common questions from investors exploring commercial real estate in DeRidder LA.
What's the overall investment potential of DeRidder, LA, considering its demographics and economy?
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DeRidder's median household income of $42,399, combined with a poverty rate of 22.0% and a health insurance coverage of 86.7%, suggests a working-class market with some employment stability. The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, and a foreign-born rate of 3.2%, may contribute to a relatively stable rental market. Additionally, the top industries, including Wholesale Trade and Finance & Insurance, indicate a potential for steady employment opportunities.
How does the city's commute time and transportation infrastructure impact its attractiveness to renters?
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The average commute time of 22.5 minutes in DeRidder, along with the top commute methods being Drove Alone, Carpooled, and Walked, indicates a relatively convenient and accessible city for renters. This, combined with a health insurance coverage rate of 86.7%, suggests that renters may have a decent quality of life, making the city more attractive for investment. Furthermore, the median property value of $120,400 and median property taxes of $2,271 provide insight into the potential rental yields and property appreciation.
What are the implications of DeRidder's poverty rate and income inequality on the rental market?
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The poverty rate of 22.0% and a GINI coefficient of 0.436 in DeRidder suggest some level of income inequality, which may impact the rental market. However, the employed population of 4,279 and top industries, including Wholesale Trade and Finance & Insurance, indicate a potential for stable employment opportunities, which could contribute to a more reliable rental income stream. The city's homeownership rate of 60.6% also provides insight into the potential demand for rental properties.
How does DeRidder's ethnic diversity and industry landscape influence market demand for real estate investment?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, may contribute to a relatively stable and diverse rental market. The top industries, including Wholesale Trade, Other Services, and Finance & Insurance, indicate a potential for steady employment opportunities, which could drive demand for housing. Additionally, the median age of 32.9 and average household income of $42,399 provide insight into the potential target market for investment properties.
What are the key factors to consider when evaluating the potential for property appreciation and rental yields in DeRidder?
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When evaluating the potential for property appreciation and rental yields in DeRidder, key factors to consider include the median property value of $120,400, median property taxes of $2,271, and homeownership rate of 60.6%. Additionally, the city's poverty rate of 22.0%, health insurance coverage of 86.7%, and average commute time of 22.5 minutes provide insight into the potential quality of life and stability of the rental market. The top industries and ethnic diversity also play a crucial role in understanding the local economy and demand for housing.
DeRidder LA Real Estate & City Facts
Key facts and real estate information about DeRidder LA.
What are some of the best neighborhoods to live in DeRidder?
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Some of the best neighborhoods to live in DeRidder include Royal Oak, which is known for its peaceful atmosphere and lush parks. Other neighborhoods, such as those near downtown DeRidder, offer a mix of historic homes and modern amenities. It's worth noting that DeRidder is a small town, and many neighborhoods offer a comfortable and quiet living environment.
What are some fun things to do in DeRidder?
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DeRidder has a rich history, and visitors can explore the Beauregard Museum, the historic Gothic Jail, and the War Memorial Civic Center. The town also hosts various events and festivals throughout the year, and outdoor enthusiasts can enjoy the nearby parks and lakes. For those looking for more adventure, Lake Charles is just a short drive away, offering a range of attractions and activities.
What is the food scene like in DeRidder?
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DeRidder's food scene offers a mix of Southern comfort food, Italian cuisine, and Mexican dishes. Some popular restaurants include Two Sisters Pecan House, Joe's Italian Grill, and Spicy Rico Mexican Grill. There are also plenty of great food trucks and local eateries serving up delicious burgers, sandwiches, and BBQ. While the town may not have a vibrant nightlife, there are plenty of options for a tasty meal or snack.
What are the pros and cons of living in DeRidder?
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One of the pros of living in DeRidder is its small-town charm and friendly community. The town has a low cost of living, and housing prices are relatively affordable. However, some cons include the limited job opportunities and lack of entertainment options. The town can also be quite humid, and some residents may find the pace of life too slow. Overall, DeRidder is a great place to live for those who value a quiet, peaceful lifestyle and are willing to drive to nearby cities for work or entertainment.
Is DeRidder a good place to live?
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DeRidder can be a great place to live for the right person. The town offers a unique blend of small-town charm, historic architecture, and natural beauty. While it may not have all the amenities of a larger city, DeRidder has a strong sense of community and a low cost of living. For those who value a quiet, peaceful lifestyle and are willing to drive to nearby cities for work or entertainment, DeRidder could be an excellent choice. However, it's essential to weigh the pros and cons and consider individual priorities 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 DeRidder LA Commercial Property: $42,399
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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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