Schriever, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Schriever, Louisiana Market population: 7K. 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 Schriever LA Properties: 57.8000%
⭐ 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 Schriever LA
Common questions from investors exploring commercial real estate in Schriever LA.
What's the overall investment outlook for Schriever, LA, considering its demographics and economy?
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Schriever's median household income of $49,397 and a poverty rate of 19.8% indicate a working-class market, while its 86.4% health insurance coverage suggests a level of employment stability. The top industries, including Construction and Public Administration, contribute to a relatively stable economy, making it an attractive option for investors.
How does the ethnic diversity and industry mix in Schriever impact the demand for housing?
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The diversity in Schriever, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community. Combined with top industries like Construction and Professional Services, this diversity supports a steady demand for housing, particularly for workers in these sectors, who may be looking for affordable options with a median property value of $103,500.
What are the implications of Schriever's commute times and health insurance coverage for real estate investors?
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The average commute time of 26.1 minutes in Schriever, along with the prevalence of driving alone and carpooling, indicates a manageable commute that can attract renters. Furthermore, the 86.4% health insurance coverage rate suggests a population with access to employment benefits, potentially leading to more reliable tenants and stable rental income.
How does the poverty rate and income inequality in Schriever affect the quality of tenants and property values?
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While Schriever's poverty rate of 19.8% and a GINI coefficient of 0.451 may raise concerns about tenant quality and property values, the median household income of $49,397 and high health insurance coverage rate of 86.4% provide a more nuanced view. This suggests a working-class population with some level of economic stability, which can support affordable housing investments and relatively stable property values.
What role do homeownership rates and property taxes play in the investment potential of Schriever's real estate market?
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Schriever's high homeownership rate of 75.3% and median property taxes of $1,902 indicate a strong preference for owning over renting, which can influence rental yields. However, for investors, the relatively low median property value of $103,500 and stable economy supported by industries like Construction and Public Administration can still offer attractive investment opportunities, especially when considering the potential for long-term appreciation and rental income.
Schriever LA Real Estate & City Facts
Key facts and real estate information about Schriever LA.
What are some of the best neighborhoods to live in Schriever?
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Some of the best neighborhoods to live in Schriever include the areas around Highway 311 and Little Bayou Black. These neighborhoods offer a mix of old and new homes, and are close to local amenities such as restaurants and shops. Additionally, the Dansereau House and Naquin's Bed and Breakfast are popular options for those looking for a more historic and charming place to live.
What are some fun things to do in Schriever?
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There are plenty of fun things to do in Schriever, including visiting the Bayou Country Children's Museum, exploring the local parks and trails, and enjoying the city's vibrant food scene. Some popular attractions include the Ardoyne Plantation House, the Schriever Historic District, and the nearby city of Houma. Visitors can also enjoy outdoor activities such as fishing, hiking, and birdwatching.
What is the food scene like in Schriever?
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The food scene in Schriever is a mix of traditional Cajun and Creole cuisine, as well as modern restaurants serving a variety of dishes. Some popular restaurants include Grady V's, Kampachi Japanese Steakhouse, and Cristiano Ristorante. There are also plenty of great food trucks and local eateries serving up fresh seafood and other local specialties. Additionally, the city hosts several food festivals throughout the year, showcasing the best of Louisiana's cuisine.
What are the pros and cons of living in Schriever?
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The pros of living in Schriever include its small-town charm, rich history, and natural beauty. The city has a strong sense of community, with many family-friendly events and activities throughout the year. However, some cons include the limited job opportunities and higher cost of living compared to other parts of the state. Additionally, the city can be prone to flooding and hurricanes, which can be a concern for some residents. Overall, Schriever is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Schriever a good place to live?
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Schriever is a great place to live for those who value a small-town atmosphere and a strong sense of community. The city has a rich history and natural beauty, and is close to several major cities and attractions. While it may have some drawbacks, such as limited job opportunities and a higher cost of living, overall Schriever is a wonderful place to call home. With its vibrant food scene, outdoor recreational opportunities, and family-friendly events, Schriever is an excellent choice for families, retirees, and anyone looking for a relaxed and welcoming place to live.
⭐ 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 Schriever LA Commercial Property: $49,397
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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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