Laplace, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Laplace, Louisiana Market population: 30K. 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 Laplace LA Properties: 0.8400%
⭐ 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 Laplace LA
Common questions from investors exploring commercial real estate in Laplace LA.
What makes Laplace, LA an attractive market for real estate investment?
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The combination of a relatively low poverty rate of 13.8%, high health insurance coverage of 89.3%, and a strong manufacturing industry suggests a stable and employed population, making Laplace an attractive market for real estate investment. Additionally, the top ethnicities of Black, White, and White Non-Hispanic residents indicate a diverse community, which can contribute to a vibrant local economy. With a median household income of $54,042 and a median property value of $161,800, Laplace offers a balance of affordability and potential for appreciation.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in Laplace?
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The average commute time of 26.9 minutes in Laplace is relatively short, and the top commute methods of driving alone, carpooling, and working from home indicate a flexible and convenient transportation infrastructure. This, combined with the high health insurance coverage rate of 89.3% and a low poverty rate of 13.8%, suggests a high quality of life for residents, which can lead to increased demand for housing and a stable rental market for investors. The diverse top industries, including manufacturing and educational services, also contribute to a strong local economy.
What are the implications of the demographic characteristics of Laplace, LA for real estate investors?
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The demographic characteristics of Laplace, including a median age of 35.4, a foreign-born rate of 2.9%, and a diverse population with top ethnicities of Black, White, and White Non-Hispanic residents, suggest a dynamic and growing community. With a high homeownership rate of 77.0% and a median property value of $161,800, there may be opportunities for investors to capitalize on the demand for housing. The relatively low poverty rate of 13.8% and high health insurance coverage rate of 89.3% also indicate a stable and employed population, which can contribute to a low vacancy rate and steady rental income for investors.
How does the economic profile of Laplace, LA impact the potential for real estate investment?
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The economic profile of Laplace, including a median household income of $54,042, a gini coefficient of 0.401, and top industries such as manufacturing and educational services, suggests a strong and diverse local economy. The employed population of 13,839 and a low poverty rate of 13.8% indicate a stable and employed workforce, which can contribute to a high demand for housing and a stable rental market for investors. With a median property value of $161,800 and a median property tax of $7,815, Laplace offers a balance of affordability and potential for appreciation, making it an attractive market for real estate investment.
What are the key factors that contribute to the stability and potential for growth in the Laplace, LA real estate market?
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The key factors that contribute to the stability and potential for growth in the Laplace real estate market include a relatively low poverty rate of 13.8%, high health insurance coverage of 89.3%, and a strong manufacturing industry. Additionally, the diverse top ethnicities, a median household income of $54,042, and a median property value of $161,800 suggest a balance of affordability and potential for appreciation. The high homeownership rate of 77.0% and a low average commute time of 26.9 minutes also indicate a high quality of life for residents, which can lead to increased demand for housing and a stable rental market for investors.
Laplace LA Real Estate & City Facts
Key facts and real estate information about Laplace LA.
What are some of the best neighborhoods to live in Laplace?
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Some of the best neighborhoods to live in Laplace include Belle Terre, River Forest, Riverlands, Cambridge, and Carrollwood. These neighborhoods offer a mix of affordability, friendliness, and amenities that make them desirable to live in. However, it's always a good idea to do your own research and visit the neighborhoods in person to get a feel for which one is the best fit for you.
What are some fun things to do in Laplace?
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There are plenty of fun things to do in Laplace, including visiting the 1811 Kid Ory Historic House, taking a Cajun Pride Swamp Tour, or exploring the city's many parks and outdoor spaces. You can also check out the St. John the Baptist Parish Library, Montz Park, or the Ochsner Medical Complex - River Parishes. If you're looking for something more adventurous, you could try zip lining with Zip NOLA.
What is the food scene like in Laplace?
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The food scene in Laplace is diverse and delicious, with a range of restaurants serving everything from seafood to Southern comfort food. Some popular spots include Frenier Landing Restaurant and Oyster Bar, Mabile's Restaurant, and Pier 51 Seafood Restaurant & Oyster Bar. You can also find great dinner options at Francois Tavern, Sam's Southern Eatery, and Wayne Jacob's Smokehouse. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Laplace?
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The pros of living in Laplace include its affordable housing, friendly community, and convenient location near New Orleans. However, some cons include the city's limited job opportunities and higher crime rate compared to other parts of the country. Additionally, the city's rural feel may not be for everyone, and some residents may find the lack of amenities and entertainment options to be a drawback. Overall, Laplace is a great option for those looking for a quiet, affordable place to live with a strong sense of community.
Is Laplace a good place to live?
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Whether or not Laplace is a good place to live depends on your individual preferences and priorities. If you're looking for an affordable, friendly community with a rural feel, Laplace may be a great fit. However, if you're looking for a more urban lifestyle with plenty of job opportunities and amenities, you may want to consider other options. Ultimately, Laplace is a great choice for those who value a quiet, community-oriented way of life and are willing to trade off some of the conveniences of city living.
⭐ 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 Laplace LA Commercial Property: $54,042
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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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