Bellefontaine Neighbors, MO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bellefontaine Neighbors, Missouri Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Bellefontaine Neighbors MO Properties: 2.1500%
⭐ 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 Bellefontaine Neighbors MO
Common questions from investors exploring commercial real estate in Bellefontaine Neighbors MO.
What's the overall investment potential of Bellefontaine Neighbors, MO, considering its demographics and economy?
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With a median household income of $43,419 and a poverty rate of 20.1%, Bellefontaine Neighbors presents a mixed bag for investors. However, the city's diverse population, led by Black or African American (66.9%) and White (23.5%) communities, and its top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing, suggest a stable market. The 25.4-minute average commute time and 92.2% health insurance coverage also indicate a decent quality of life for residents.
How does the local housing market look in terms of affordability and rental yields?
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The median property value of $83,400 and median property taxes of $1,344 make Bellefontaine Neighbors relatively affordable. With a homeownership rate of 68.2% and a median gross rent of $943, investors can expect decent rental yields. The 31.4% rent burden, where households spend 30% or more of their income on rent, is a concern, but the overall economic stability, with a GINI coefficient of 0.412, suggests that tenants can afford their living expenses.
What are the implications of the city's commute patterns and health insurance coverage for investors?
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The 25.4-minute average commute time, with 84.2% of residents driving alone and 4.2% using public transit, indicates a relatively convenient and accessible location. Combined with the high health insurance coverage rate of 92.2%, this suggests a stable and healthy workforce, which is attractive for investors looking for reliable tenants. The low foreign-born rate of 1.4% may limit diversity, but the top industries and occupations provide a solid foundation for economic growth.
How does the city's ethnic diversity and industry mix impact market demand?
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The diverse population of Bellefontaine Neighbors, with Black or African American (66.9%) and White (23.5%) communities, creates a unique market demand. The top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing drive employment and economic stability, which in turn support housing demand. With a median age of 37.4, the city's population is relatively established, and the 15.1% of residents holding a Bachelor's degree or higher indicates a growing professional class, further boosting market demand.
What are the key factors to consider when evaluating the overall quality of life in Bellefontaine Neighbors for real estate investment?
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When assessing the quality of life in Bellefontaine Neighbors, investors should consider the 25.4-minute average commute time, 92.2% health insurance coverage, and the relatively low poverty rate of 20.1%. The city's high school graduation rate of 88.2% and the 15.1% of residents holding a Bachelor's degree or higher also contribute to a stable and educated workforce. Additionally, the top industries and occupations, such as Office & Administrative Support Occupations and Sales & Related Occupations, provide a solid foundation for economic growth and a reliable tenant base.
Bellefontaine Neighbors MO Real Estate & City Facts
Key facts and real estate information about Bellefontaine Neighbors MO.
What are some of the best neighborhoods to live in Bellefontaine Neighbors?
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Some of the best neighborhoods to live in Bellefontaine Neighbors include areas near the Missouri river, which are known for being fairly safe and having a rural feel with tree-lined streets, parks, and trails. However, it's always a good idea to do your own research and visit the area to get a feel for the different neighborhoods.
What are some fun things to do in Bellefontaine Neighbors?
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There are plenty of fun things to do in and around Bellefontaine Neighbors, such as visiting the Bellefontaine Cemetery and Arboretum, exploring the Chain of Rocks Bridge, or checking out the local events and activities in the area. You can also take a short drive to nearby St. Louis to explore its many attractions, including the City Museum, Forest Park, and the Gateway Arch.
What is the food scene like in Bellefontaine Neighbors?
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The food scene in Bellefontaine Neighbors is a mix of classic American cuisine and international flavors. While there may not be a wide variety of restaurants within the city limits, nearby St. Louis has a thriving food scene with many great restaurants, including Blueberry Hill Restaurant & Music Club, which is known for its burgers and live music. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Bellefontaine Neighbors?
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Some pros of living in Bellefontaine Neighbors include its affordable housing, rural feel, and proximity to St. Louis. However, some cons include the limited job opportunities and amenities within the city limits, as well as the need to drive to nearby cities for certain services and attractions. Additionally, the city has a higher poverty rate and lower median household income compared to other areas in the region.
Is Bellefontaine Neighbors a good place to live?
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Whether or not Bellefontaine Neighbors is a good place to live depends on your individual priorities and preferences. If you're looking for an affordable, rural lifestyle with easy access to St. Louis, Bellefontaine Neighbors may be a great choice. However, if you're looking for a more urban lifestyle with a wide range of job opportunities and amenities, you may want to consider other areas in the region. Ultimately, it's a good idea to visit the area and get a feel for the community before making a decision.
⭐ 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 Bellefontaine Neighbors MO Commercial Property: $43,419
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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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