Metairie, LA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Metairie, Louisiana Market population: 139K. 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 Metairie LA Properties: 0.9000%
⭐ 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 Metairie LA
Common questions from investors exploring commercial real estate in Metairie LA.
What is the overall investment potential of Metairie, LA, considering its demographic and economic factors?
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Metairie, LA, with a population of 139,279 and a median age of 40.4, presents a stable investment market, given its median household income of $52,170 and a relatively low poverty rate of 12.3%, which is further bolstered by an employed population of 72,169 and a high health insurance coverage rate of 87.0%.
How does the ethnic diversity and industry mix in Metairie impact the demand for real estate?
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The ethnic diversity, with top ethnicities being White (43.0%), White Non-Hispanic (37.5%), and Hispanic (8.2%), combined with a mix of industries such as Finance & Insurance, and Professional, Scientific, & Management Services, suggests a robust and varied demand for real estate, catering to different demographic needs and professional requirements.
What are the implications of the commute time and health insurance coverage on the quality of life and tenant stability in Metairie?
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The average commute time of 20.7 minutes, which is relatively low, and the high health insurance coverage rate of 87.0%, indicate a good quality of life and suggest that tenants are likely to be stable, employed, and able to afford rent, making it an attractive location for real estate investment.
How do the housing market indicators such as median property value, property taxes, and homeownership rate influence the investment decision in Metairie?
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The median property value of $209,500, coupled with a median property tax of $35,902 and a homeownership rate of 61.8%, provides insight into the housing market's stability and potential for appreciation, suggesting that Metairie could offer a balanced investment opportunity between rental income and property value growth.
What role does the income inequality and foreign-born rate play in assessing the market's resilience and potential for real estate investment in Metairie?
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The GINI coefficient of 0.479, indicating moderate income inequality, and a foreign-born rate of 8.5%, suggest a market with a mix of economic statuses and cultural diversity, which can contribute to its resilience and potential for growth, as diverse economies tend to be more adaptable to economic shifts, making Metairie an interesting location for real estate investment.
Metairie LA Real Estate & City Facts
Key facts and real estate information about Metairie LA.
What are some of the best neighborhoods to live in Metairie?
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Some of the best neighborhoods to live in Metairie include Old Metairie, Bucktown, Bridgedale, Pontchartrain Shores, Elmwood Park, and Country Club Estates. These neighborhoods offer a range of housing options, from historic homes to newer developments, and are known for their safety, amenities, and community atmosphere.
What are some fun things to do in Metairie?
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There are plenty of fun things to do in Metairie, including visiting Lafreniere Park, Lakeside Shopping Center, and the Shrine on Airline. You can also check out the NOLA Motorsports Park, Jefferson Performing Arts Center, and Treasure Chest Casino. For family-friendly activities, consider visiting the Sea Cave, Airborne X Adventure Park, or Pickle N Pins.
What is the food scene like in Metairie?
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The food scene in Metairie is diverse and vibrant, with a range of restaurants serving everything from seafood to sushi to burgers. Some popular spots include Felix's Restaurant & Oyster Bar, Café Amelie, Mambo's, and Atchafalaya Restaurant. You can also find great food at The Galley Seafood, Porter & Luke's, Byblos, and Taj Mahal Indian Cuisine. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Metairie?
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The pros of living in Metairie include its safe and family-friendly neighborhoods, excellent schools, and convenient access to New Orleans. The city also has a range of amenities, including parks, shopping centers, and restaurants. However, some cons include traffic and congestion, especially during rush hour, and a relatively high cost of living. Additionally, some areas of Metairie can be prone to flooding, so it's essential to research and choose a neighborhood wisely.
Is Metairie a good place to live?
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Overall, Metairie is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, safe neighborhoods, and range of activities and attractions, Metairie is an ideal choice for families, professionals, and retirees alike. While it's not perfect, and there are some challenges to consider, the pros of living in Metairie far outweigh the cons for many people. As with any city, it's essential to do your research and visit in person to get a feel for the community and decide if it's the right fit for you.
⭐ 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 Metairie LA Commercial Property: $52,170
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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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