Burnsville, NC High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Burnsville, North Carolina Market population: 61K. Compare commercial properties across all major asset classes...
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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 Burnsville MN Properties: 1.0700%
⭐ 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 Burnsville MN
Common questions from investors exploring commercial real estate in Burnsville MN.
What is the overall investment potential of this city, considering its demographic and economic indicators?
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The city's relatively low poverty rate of 7.7% and high health insurance coverage of 95.3% suggest a stable market with a strong workforce, while its top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing indicate a diverse economy, making it an attractive location for real estate investment.
How does the city's ethnic diversity and commute patterns impact the demand for housing?
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The city's ethnic diversity, with a mix of White, Asian, and Black or African American populations, contributes to a vibrant cultural scene, while its average commute time of 23.4 minutes and top commute methods of driving alone, carpooling, and working from home indicate a convenient and flexible transportation network, which can increase demand for housing in the area.
What are the implications of the city's median household income and property values for real estate investors?
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The city's median household income of $71,147 and median property value of $233,400 suggest a relatively affluent market with a strong potential for property appreciation, while its median property taxes of $2,800 indicate a moderate tax burden, making it essential for investors to carefully consider these factors when evaluating investment opportunities.
How does the city's employment rate and industry mix impact the quality of tenants and rental yields?
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The city's employed population of 30,412 and top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing indicate a strong and diverse job market, which can attract high-quality tenants and support stable rental yields, while its poverty rate of 7.7% and health insurance coverage of 95.3% suggest a relatively low-risk tenant base.
What are the key factors that contribute to the city's market stability and attractiveness to real estate investors?
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The city's low poverty rate, high health insurance coverage, and diverse economy, combined with its convenient commute patterns and relatively high median household income, contribute to a stable and attractive market for real estate investors, while its ethnic diversity and strong job market in various industries add to its appeal, making it an excellent location for investment opportunities.
Burnsville MN Real Estate & City Facts
Key facts and real estate information about Burnsville MN.
What are some of the best neighborhoods to live in Burnsville?
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Some of the best neighborhoods to live in Burnsville include North River Hills, Southcross Heights, and the northeast parts of the city. These areas are known for being peaceful, family-friendly, and having a safe environment. However, it's worth noting that the most desired areas tend to be in the northeast parts of the city, while more affordable homes are in the north regions.
What are some fun things to do in Burnsville?
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There are plenty of fun things to do in Burnsville, including visiting Valleyfair Amusement Park, Buck Hill, and the Ames Center. You can also explore the city's many parks and wildlife refuge lands, or check out the Grand Slam Burnsville and ProKART Indoor Racing. Additionally, the city is home to a regional mall and a variety of recreational facilities.
What is the food scene like in Burnsville?
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The food scene in Burnsville is diverse and exciting, with over 40 locally-owned establishments to choose from. Some popular restaurants include Jensen's Cafe, Porter Creek Hardwood Grill, and Chianti Grill. You can also find a variety of cuisines, from Mediterranean to Southern-style comfort food. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Burnsville?
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The pros of living in Burnsville include its safe and family-friendly environment, plenty of recreational facilities and parks, and a diverse food scene. However, some cons include the fact that the city can be quite suburban and may not have the same level of nightlife or entertainment options as larger cities. Additionally, traffic and commute times can be a challenge, especially during rush hour.
Is Burnsville a good place to live?
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Overall, Burnsville is a great place to live for families and individuals who value a safe and community-oriented environment. The city offers a lot of amenities and activities, and its proximity to the Twin Cities makes it a great option for those who want to be close to the action but also have a more laid-back pace of life. However, it's worth considering the potential downsides, such as traffic and commute times, 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 Burnsville MN Commercial Property: $71,147
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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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