Reserve, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Reserve, Louisiana Market population: 10K. 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 Reserve LA Properties: 2.2000%
⭐ 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 Reserve LA
Common questions from investors exploring commercial real estate in Reserve LA.
What's the overall investment potential of Reserve, LA, considering its demographics and economy?
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With a median household income of $47,857 and a poverty rate of 21.0%, Reserve, LA, presents a mixed bag for investors. The city's diverse population, comprising 44.0% Black, 24.6% White, and 22.3% White Non-Hispanic residents, and its top industries in Finance & Insurance and Public Administration, suggest a stable market. Additionally, the 88.9% health insurance coverage and 26.2-minute average commute time indicate a relatively stable and healthy workforce.
How does the local housing market in Reserve, LA, look for real estate investors?
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The median property value of $115,500 and median property taxes of $2,539 in Reserve, LA, make it an attractive option for investors. The high homeownership rate of 78.1% and relatively low poverty rate of 21.0% also suggest a stable housing market. Furthermore, the city's employed population of 4,061 and top industries in Manufacturing and Finance & Insurance could drive demand for rental properties, especially considering the average commute time of 26.2 minutes and the prevalence of driving alone or carpooling as commute methods.
What are the implications of Reserve, LA's, ethnic diversity and industry mix for real estate investors?
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The ethnic diversity in Reserve, LA, with Black, White, and White Non-Hispanic populations, contributes to a vibrant community that can attract a wide range of residents and businesses. The top industries, including Finance & Insurance, Public Administration, and Manufacturing, not only provide employment opportunities but also suggest a diversified economy that can support a stable real estate market. This diversity, combined with the city's health insurance coverage of 88.9%, indicates a market with a strong foundation for investment.
How do quality-of-life metrics, such as commute times and health insurance coverage, impact the stability of the real estate market in Reserve, LA?
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The average commute time of 26.2 minutes in Reserve, LA, is relatively short, indicating good infrastructure and accessibility, which can enhance the attractiveness of properties for both buyers and renters. Moreover, the high health insurance coverage rate of 88.9% suggests a population with access to healthcare, which can contribute to a stable and productive workforce. This, in turn, can support a stable real estate market, as employed and healthy residents are more likely to be reliable tenants or buyers.
What role does income inequality, as indicated by the GINI coefficient, play in assessing the real estate investment potential of Reserve, LA?
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The GINI coefficient of 0.367 in Reserve, LA, indicates a moderate level of income inequality. When considered alongside the median household income of $47,857 and the poverty rate of 21.0%, this suggests that while there are disparities in income, the overall economic conditions are not severely skewed. For real estate investors, this means that there could be opportunities to cater to a range of income levels, from affordable housing to properties targeting the middle class, especially given the diverse ethnic background and the presence of stable industries like Finance & Insurance and Manufacturing.
Reserve LA Real Estate & City Facts
Key facts and real estate information about Reserve LA.
What are some of the best neighborhoods to live in Reserve?
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Some of the best neighborhoods to live in Reserve, LA, include Cornland, Dolsen, and Dutch Bayou. These neighborhoods offer a quiet and friendly environment, with a close-knit community and peaceful surroundings. However, it's worth noting that some areas have a significant number of vacant homes, which may affect the overall quality of life.
What are some fun things to do in Reserve?
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There are several fun things to do in Reserve, LA, including taking an airboat adventure, visiting Yaba's cafe, and exploring the French Quarter. You can also visit the nearby city of Opelousas, which offers attractions like the Evangeline Downs Racetrack & Casino and the Louisiana Orphan Train Museum. Additionally, the city of Lake Charles has a variety of activities, including outdoor adventures, museums, and nightlife.
What is the food scene like in Reserve?
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The food scene in Reserve, LA, is diverse and offers a range of cuisines, including American, Greek, Lebanese, Creole, and Cajun. Some popular restaurants in the area include Yaba's cafe, Francois, Loaded, and Mike's. You can also find a variety of seafood options, as well as coffee shops and bars. The nearby city of Lake Charles has a thriving culinary scene, with many restaurants serving Southern and Louisiana cuisine.
What are the pros and cons of living in Reserve?
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The pros of living in Reserve, LA, include its quiet and friendly neighborhoods, outdoor recreational opportunities, and proximity to nearby cities like Opelousas and Lake Charles. However, some cons include the significant number of vacant homes in certain areas, which may affect the overall quality of life. Additionally, the city's economy and job market may be limited, which could impact residents' career opportunities and financial stability.
Is Reserve a good place to live?
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Reserve, LA, can be a good place to live for those who value a quiet and friendly community, outdoor recreational opportunities, and a relatively low cost of living. However, it's essential to weigh the pros and cons and consider factors like job opportunities, education, and healthcare before making a decision. Ultimately, whether Reserve is a good place to live depends on individual preferences and priorities.
⭐ 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 Reserve LA Commercial Property: $47,857
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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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