Estelle, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Estelle, Louisiana Market population: 17K. Compare commercial properties across all major asset classes with...
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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 Estelle LA Properties: 4.3450%
⭐ 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 Estelle LA
Common questions from investors exploring commercial real estate in Estelle LA.
What's the overall investment potential of Estelle, LA, considering its demographics and economy?
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Estelle, LA, with a population of 17,003 and a median age of 35.9, presents a stable investment market, given its median household income of $55,222 and a relatively high homeownership rate of 84.7%, suggesting a strong demand for housing. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, indicate a diverse economy. Additionally, the 23.8-minute average commute time and 89.2% health insurance coverage rate point to a good quality of life, which can attract and retain residents.
How does the poverty rate and health insurance coverage impact the tenant quality in Estelle, LA?
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The 14.8% poverty rate in Estelle, LA, combined with an 89.2% health insurance coverage rate, suggests a working-class market with a degree of employment stability and access to healthcare, which can contribute to more reliable tenants. This, coupled with the top commute methods being drove alone, carpooled, or worked at home, indicates a population with stable employment and transportation options, further enhancing tenant quality.
What role does ethnic diversity and industry variety play in the demand for real estate in Estelle, LA?
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The ethnic diversity in Estelle, LA, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a culturally rich and potentially vibrant community, which can attract a wide range of residents and businesses. The variety in top industries, including Finance & Insurance, Manufacturing, and Wholesale Trade, suggests a diverse economy that can support a stable demand for real estate, as different sectors can cushion the community from economic downturns in any one industry.
How do the median property value and property taxes in Estelle, LA, impact real estate investment decisions?
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With a median property value of $156,400 and median property taxes of $4,605, Estelle, LA, offers a relatively affordable housing market for investors, considering the national average. This affordability, combined with a high homeownership rate of 84.7% and a low poverty rate of 14.8%, suggests a stable and potentially growing market where investments could yield positive returns, especially when factoring in the community's diverse economy and good quality of life indicators like the 23.8-minute average commute time.
What insights can be gleaned from the commute time, health insurance rate, and top industries for assessing market stability in Estelle, LA?
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The average commute time of 23.8 minutes, health insurance coverage rate of 89.2%, and the presence of stable industries like Finance & Insurance, and Real Estate & Rental & Leasing, collectively indicate a market with a high level of stability. These factors suggest a population with access to employment opportunities, healthcare, and a reasonable quality of life, which are crucial for maintaining a stable and attractive real estate market for both investors and residents alike.
Estelle LA Real Estate & City Facts
Key facts and real estate information about Estelle LA.
What are some of the best neighborhoods to live in Estelle?
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Some of the best neighborhoods to live in Estelle include Estelle Estates, Marrero, Estelle Heights, Brownwood, and Conor Court. These neighborhoods offer a mix of families and retirees, with a laid-back vibe and affordable home prices.
What are some fun things to do in Estelle?
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There are plenty of fun things to do in Estelle, including visiting the Great American Alligator Museum, taking a Cajun Man's Swamp Tour, and exploring the Jean Lafitte National Park Barataria Preserve. You can also check out the Estelle Playground and King's Grant Playground for some outdoor activities.
What is the food scene like in Estelle?
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The food scene in Estelle is diverse and delicious, with top-rated restaurants like Brown Butter Depot, Restaurant des Familles, Frazier's Connection, Cajun Bleu Cafe, and La Petite Grocery. You can also find great breakfast and dinner options near the Paris Hotel.
What are the pros and cons of living in Estelle?
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The pros of living in Estelle include affordable home prices, a laid-back vibe, and access to natural attractions like Jean Lafitte National Park. However, some cons include a higher crime rate and limited job opportunities. Overall, Estelle is a great place to live for those who value a quiet and affordable lifestyle.
Is Estelle a good place to live?
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Estelle is a good place to live for those who value a quiet and affordable lifestyle. While it may have some drawbacks, the city offers a unique blend of natural beauty, outdoor activities, and cultural attractions that make it an attractive option for families and retirees. With its affordable home prices and laid-back vibe, Estelle is definitely worth considering for those looking to relocate to the area.
⭐ 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 Estelle LA Commercial Property: $55,222
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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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