Carolina Beach, NC High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Carolina Beach, North Carolina Market population: 6K. Compare commercial properties across all major asset...
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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 Carolina Beach NC 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 Carolina Beach NC
Common questions from investors exploring commercial real estate in Carolina Beach NC.
What's the overall investment outlook for Carolina Beach, NC?
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With a median household income of $60,684 and a relatively low poverty rate of 10.1%, Carolina Beach presents a stable investment market, further supported by its high health insurance coverage rate of 86.0% and a diverse economy led by manufacturing, transportation, and wholesale trade industries.
How does the local economy impact rental demand in Carolina Beach?
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The top industries in Carolina Beach, including manufacturing and transportation, contribute to a strong employed population of 3,121, which in turn drives rental demand, especially considering the area's relatively low poverty rate and high health insurance coverage, indicating a stable tenant base.
What role does ethnic diversity play in the local real estate market?
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The ethnic diversity in Carolina Beach, with a predominant White population and a notable presence of White Non-Hispanic and Two or More ethnic groups, suggests a culturally rich and potentially vibrant market, which, combined with a foreign-born rate of 4.3%, could attract a wide range of investors and tenants, contributing to market stability.
How do quality of life metrics like commute time and health insurance impact investment decisions?
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The average commute time of 26.2 minutes in Carolina Beach, along with the prevalence of driving alone and working from home as top commute methods, indicates a manageable and flexible lifestyle for residents, which, paired with a high health insurance coverage rate of 86.0%, suggests a high quality of life that can attract and retain tenants, making it an appealing factor for real estate investments.
What are the implications of the median property value and taxes for investors in Carolina Beach?
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With a median property value of $258,700 and median property taxes of $1,204, Carolina Beach offers a relatively balanced investment opportunity, considering its median household income of $60,684 and a poverty rate of 10.1%, which, along with the area's diverse industries and high health insurance coverage, suggests a stable market with potential for appreciation and rental yield.
Carolina Beach NC Real Estate & City Facts
Key facts and real estate information about Carolina Beach NC.
What are some of the best neighborhoods to live in Carolina Beach?
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Some of the best neighborhoods to live in Carolina Beach include the Oceanfront Strip, Canal Drive, and the Waterway neighborhoods. The Oceanfront Strip offers stunning sunrise views and a lively beach lifestyle, while Canal Drive and the Waterway neighborhoods provide a more laid-back vibe. Additionally, neighborhoods like Green Turtle Lane and townhouse communities with boat slips and amenities are also popular choices.
What are some fun things to do in Carolina Beach?
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There are plenty of fun things to do in Carolina Beach, including visiting the bustling boardwalk, renting bikes and exploring the town, and checking out the North Carolina Aquarium at Fort Fisher and Fort Fisher State Historic Site. You can also take a food tour, like the Tasting History tour, or visit the nearby Fort Fisher State Recreation Area for some calm and free parking. The town also hosts various events and activities throughout the year.
What is the food scene like in Carolina Beach?
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The food scene in Carolina Beach is vibrant and offers a variety of choices for every budget. You can find fresh seafood at grills and tiki bars with ocean views, award-winning clam chowder, and authentic cuisine. Some popular restaurants include Gulfstream Restaurant, Freddie's Italian Restaurant, and Good Hops Brewing. There are also plenty of great food trucks and local eateries serving up delicious meals.
What are the pros and cons of living in Carolina Beach?
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The pros of living in Carolina Beach include its laid-back island vibe, beautiful beaches, and plenty of outdoor activities. However, some cons include the crowds and traffic during peak season, limited parking, and higher prices for properties in desirable areas. Additionally, the town can be quite calm during the off-season, which may not be ideal for everyone. Overall, it's a great place to live for those who want a relaxed beach lifestyle and are willing to tolerate some of the downsides.
Is Carolina Beach a good place to live?
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Carolina Beach can be a great place to live for those who enjoy a relaxed beach lifestyle and are looking for a close-knit community. The town offers a range of amenities, including restaurants, shops, and outdoor activities, and is relatively affordable compared to other beach towns. However, it's essential to consider the pros and cons, including the crowds and traffic during peak season, and decide if it's the right fit for your lifestyle and preferences. Ultimately, Carolina Beach is a wonderful place to call home for those who appreciate its unique charm and character.
⭐ 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 Carolina Beach NC Commercial Property: $60,684
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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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