Thibodaux, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Thibodaux, Louisiana Market population: 15K. 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 Thibodaux LA Properties: 0.6700%
⭐ 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 Thibodaux LA
Common questions from investors exploring commercial real estate in Thibodaux LA.
What's the overall investment potential of Thibodaux, LA, considering its demographics and economy?
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Thibodaux's median household income of $43,058, combined with a poverty rate of 19.7% and a high health insurance coverage of 88.7%, suggests a relatively stable market with a mix of working-class and more affluent residents, driven by top industries like Finance & Insurance and Public Administration.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant rental market, while the average commute time of 20.9 minutes and top commute methods like driving alone and carpooling indicate a convenient and accessible location for renters.
What are the key factors influencing property values and taxes in Thibodaux?
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The median property value of $148,600 and median property taxes of $3,037 are influenced by the city's employment rate, with 6,622 employed residents, and the top industries driving the local economy, including Construction and Real Estate, which can impact property appreciation and rental yields.
How does the city's income inequality and poverty rate affect tenant quality and stability?
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Thibodaux's GINI coefficient of 0.5 indicates a moderate level of income inequality, while the poverty rate of 19.7% is somewhat mitigated by the high health insurance coverage of 88.7%, suggesting a working-class market with some employment stability and potential for reliable tenants.
What role do the city's homeownership rate and commute time play in determining market demand?
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The homeownership rate of 55.1% and average commute time of 20.9 minutes contribute to a relatively stable and accessible market, with a mix of homeowners and renters, driven by the city's diverse population and top industries, including Finance & Insurance and Public Administration, which can drive demand for housing and rentals.
Thibodaux LA Real Estate & City Facts
Key facts and real estate information about Thibodaux LA.
What are some of the best neighborhoods to live in Thibodaux?
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Some of the best neighborhoods to live in Thibodaux include The Villas at Leighton Plantation, The Settlement at Live Oak, Acadia Plantation, King George Estates, Olde Towne, Sugar Plantation, and the North Thibodaux area. These neighborhoods offer a range of housing options, from historic homes to new subdivisions, and are known for their charm, safety, and community atmosphere.
What are some fun things to do in Thibodaux?
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Thibodaux has a lot to offer when it comes to things to do. You can visit the Bayou Children's Museum, explore the historic architecture and attractions like the E.D. White Historic Site, take an airboat tour, or go on a Jean Lafitte Swamp Tour. The city also has a lively food scene, with many restaurants serving up delicious Cajun and Creole cuisine. Additionally, you can check out the Cajun Bayou Food Trail, which features several local restaurants and offers a reward for dining local.
What is the food scene like in Thibodaux?
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Thibodaux has a thriving food scene, with a mix of fine dining, casual eateries, and local favorites. Some popular restaurants include Fremin's Restaurant, Dominique's Wine Boutique & Bistro, The Steakhouse, and El Barrio. The city is also known for its seafood, particularly oysters, and you can find many restaurants serving up fresh catches. There are also plenty of great food trucks and local eateries to try. Thibodaux has even been voted one of the best small town food scenes by USA Today.
What are the pros and cons of living in Thibodaux?
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The pros of living in Thibodaux include its charming small-town atmosphere, rich history, and delicious food scene. The city also has a low cost of living and a strong sense of community. However, some cons include the limited job opportunities and lower median household income compared to larger cities. Additionally, the city can be affected by hurricanes and flooding, which may be a concern for some residents. Overall, Thibodaux is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Thibodaux a good place to live?
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Thibodaux can be a great place to live for the right person. It offers a unique blend of small-town charm, rich history, and delicious food, making it an attractive option for those who value a close-knit community and a relaxed pace of life. While it may not have all the amenities and job opportunities of a larger city, Thibodaux has a lot to offer, from its historic architecture to its vibrant food scene. Ultimately, whether Thibodaux is a good place to live depends on your individual priorities and preferences.
⭐ 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 Thibodaux LA Commercial Property: $43,058
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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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