Harahan, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Harahan, Louisiana Market population: 9K. 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 Harahan LA Properties: 1.3000%
⭐ 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 Harahan LA
Common questions from investors exploring commercial real estate in Harahan LA.
What's the overall investment climate in Harahan, LA, considering demographics and economy?
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Harahan, LA presents a stable investment climate, with a median age of 46.1 and a median household income of $63,220, indicating a relatively affluent population. The poverty rate of 9.1% and high health insurance coverage of 92.4% suggest a working-class market with employment stability, making it attractive for real estate investments.
How does the ethnic diversity and industry mix impact market demand in Harahan, LA?
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The top ethnicities in Harahan, LA, including White, White Non-Hispanic, and Hispanic populations, contribute to a diverse community. With top industries like Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, the demand for housing is likely driven by a mix of government, financial, and service sector employees, providing a broad base for rental and ownership opportunities.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of Harahan, LA, as an investment location?
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The average commute time of 22.9 minutes, combined with the prevalence of driving alone, carpooling, and working from home, indicates a manageable and flexible commute environment. Additionally, the high health insurance coverage rate of 92.4% and low poverty rate of 9.1% contribute to a stable and healthy community, enhancing the quality of life and making Harahan, LA, an attractive location for investment.
How do the housing market conditions, including property values and taxes, impact the investment potential in Harahan, LA?
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With a median property value of $224,100 and median property taxes of $2,927, Harahan, LA, offers a relatively balanced housing market. The homeownership rate of 76.7% suggests a strong preference for ownership over renting, which can influence rental yields and property appreciation. Considering the median household income of $63,220, the housing costs are manageable, making it a viable option for both homeowners and investors.
What role do employment rates, income inequality, and education play in assessing the stability and growth potential of the real estate market in Harahan, LA?
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The employed population of 5,065 and a GINI coefficient of 0.431 indicate a relatively stable employment market with some income inequality. The high school graduation rate of 92.2% and bachelor's degree or higher rate of 34.6% suggest a well-educated population. This combination of employment stability, education, and manageable income inequality contributes to a stable market with potential for growth, especially considering the top industries driving local employment and the overall economic health of the area.
Harahan LA Real Estate & City Facts
Key facts and real estate information about Harahan LA.
What are some of the best neighborhoods to live in Harahan?
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Some of the best neighborhoods to live in Harahan include Elmwood, which is known for being peaceful and family-friendly, and other areas in the south parts of the city. However, it's worth noting that the most desired areas tend to be in the south parts of the city, while more affordable homes are in the northwest regions.
What are some fun things to do in Harahan?
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There are plenty of fun things to do in Harahan, such as visiting Adventure Quest Laser Tag, Another World Nola, and the Shooters' Club Firing Range. You can also head south across the Huey P. Long Bridge to explore more attractions. Additionally, Harahan boasts numerous world-class dining establishments, so be sure to check those out as well.
What is the food scene like in Harahan?
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The food scene in Harahan is quite vibrant, with a variety of restaurants to choose from, such as Seither's Seafood, Oak Oven, and Koz's. There are also plenty of great food trucks and local eateries to explore. Whether you're in the mood for seafood, Italian, or something else, Harahan has got you covered.
What are the pros and cons of living in Harahan?
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The pros of living in Harahan include its peaceful and family-friendly neighborhoods, affordable homes, and access to world-class dining establishments. However, some cons include the fact that the most desired areas tend to be in the south parts of the city, while more affordable homes are in the northwest regions. Additionally, traffic and commute times can be a challenge in Harahan.
Is Harahan a good place to live?
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Overall, Harahan is a great place to live, offering a unique blend of peaceful neighborhoods, affordable homes, and access to world-class dining and attractions. While there may be some challenges to consider, such as traffic and commute times, the pros definitely outweigh the cons. With its rich history, natural parks, and scenic pathways, Harahan is an excellent choice 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 Harahan LA Commercial Property: $63,220
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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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