Mandeville, LA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mandeville, Louisiana Market population: 12K. 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 Mandeville LA Properties: 0.9800%
⭐ 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 Mandeville LA
Common questions from investors exploring commercial real estate in Mandeville LA.
What is the overall investment potential of Mandeville, LA, considering its demographic and economic factors?
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Mandeville, LA offers a stable investment market with a median household income of $65,962, a relatively low poverty rate of 7.8%, and a high health insurance coverage rate of 91.1%, indicating a strong and healthy workforce. The top industries, including Wholesale Trade and Manufacturing, also suggest a diverse economy. With a median property value of $245,100 and a homeownership rate of 64.7%, the city presents a favorable environment for real estate investment.
How does the city's ethnic diversity and commute time impact the demand for rental properties?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community, which can attract a wide range of renters. Additionally, the average commute time of 27.9 minutes, with many residents driving alone or working from home, indicates a convenient location with flexible transportation options, making it an appealing choice for renters.
What are the implications of the city's income inequality and poverty rate on the quality of tenants?
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The GINI coefficient of 0.495 suggests a moderate level of income inequality, while the poverty rate of 7.8% is relatively low. Combined with a high health insurance coverage rate of 91.1%, this indicates a working-class market with employment stability, which can lead to more reliable tenants. The top occupations in Management, Business, Science, and Arts also point to a skilled and stable workforce.
How do the top industries in Mandeville, LA influence the local real estate market?
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The presence of top industries such as Wholesale Trade, Manufacturing, and Agriculture, Forestry, Fishing & Hunting, & Mining suggests a diverse economy with a range of job opportunities. This diversity can lead to a stable and growing demand for housing, as workers in these industries are likely to seek out homes in the area. With a median property value of $245,100, the city offers a relatively affordable option for investors looking to capitalize on this demand.
What role do health insurance coverage and commute time play in assessing the stability of the rental market in Mandeville, LA?
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The high health insurance coverage rate of 91.1% and the relatively short average commute time of 27.9 minutes contribute to a stable and attractive rental market. These factors indicate a population with access to healthcare and convenient transportation options, making it more likely that renters will be able to afford and maintain their rental payments, reducing the risk for investors.
Mandeville LA Real Estate & City Facts
Key facts and real estate information about Mandeville LA.
What are some of the best neighborhoods to live in Mandeville?
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Some of the best neighborhoods to live in Mandeville include Quail Creek, Beau Chene, Old Mandeville, Fontainebleau, and Abita Springs. These neighborhoods offer a range of housing options, from affordable to luxury, and are known for their safe and family-friendly environments.
What are some fun things to do in Mandeville?
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Mandeville has a lot to offer when it comes to things to do. You can visit the Mandeville Lakefront, take a stroll along the walking path, and enjoy the beautiful views of the lake. The city also has a number of parks, including Fontainebleau State Park, which offers hiking and biking trails, as well as picnic areas and a beach. If you're looking for something more low-key, you can check out the Dew Drop Jazz Hall or the Mandeville Trailhead Cultural Interpretive Center.
What is the food scene like in Mandeville?
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The food scene in Mandeville is thriving, with a range of restaurants serving everything from Southern comfort food to gourmet cuisine. Some popular spots include Liz's Where Y'at Diner, Rip's On The Lake, and Pat Gallagher's 527 Restaurant & Bar. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. And if you're looking for something unique, you can try out one of the many specialty food stores or markets in the area.
What are the pros and cons of living in Mandeville?
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One of the pros of living in Mandeville is the city's small-town charm and strong sense of community. The city also has a lot to offer in terms of outdoor recreation, with plenty of parks and trails to explore. However, one of the cons is that the city can be a bit expensive, especially when it comes to housing. Additionally, traffic in the area can be a problem, especially during rush hour. Overall, though, Mandeville is a great place to live for those who value a relaxed, small-town lifestyle and are willing to pay a bit of a premium for it.
Is Mandeville a good place to live?
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Yes, Mandeville is a good place to live for many people. The city offers a unique blend of small-town charm and big-city amenities, and its strong sense of community and beautiful natural surroundings make it an attractive option for families and individuals alike. Of course, as with any city, there are pros and cons to consider, but overall, Mandeville is a great choice for those looking for a relaxed, welcoming place to call home.
⭐ 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 Mandeville LA Commercial Property: $65,962
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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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