Clemmons, NC High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Clemmons, North Carolina Market population: 19K. Explore income-producing properties with verified cap rates and...
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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 Clemmons NC Properties: 0.9300%
⭐ 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 Clemmons NC
Common questions from investors exploring commercial real estate in Clemmons NC.
What is the overall investment potential of Clemmons, NC, considering its demographic and economic factors?
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Clemmons, NC, with a median household income of $64,118 and a relatively low poverty rate of 7.3%, presents a stable investment market. The top industries, including Information and Public Administration, contribute to a strong employment base, while the 93.6% health insurance coverage rate and 20.9-minute average commute time suggest a high quality of life for residents.
How does the ethnic diversity and industry mix in Clemmons impact the demand for real estate investments?
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The ethnic diversity in Clemmons, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community. The presence of top industries like Information, Public Administration, and Finance & Insurance, & Real Estate & Rental & Leasing, indicates a strong demand for housing, driven by a stable and employed population, with 8,513 employed individuals and a median property value of $206,300.
What are the implications of the poverty rate and health insurance coverage on the quality of tenants in Clemmons, NC?
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The 7.3% poverty rate in Clemmons, combined with a high health insurance coverage rate of 93.6%, suggests a working-class market with access to employment opportunities and healthcare, potentially leading to more reliable tenants. This, along with the low poverty rate, indicates a lower risk of investment in rental properties.
How do the commute times and transportation methods in Clemmons affect the attractiveness of the area for real estate investment?
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The average commute time of 20.9 minutes in Clemmons, with top commute methods including driving alone, working from home, and carpooling, indicates a convenient and flexible transportation network. This, along with the area's relatively low poverty rate and high health insurance coverage, makes Clemmons an attractive location for both residents and investors, potentially increasing demand for housing and rental properties.
What role do the median property value and property taxes play in determining the return on investment in Clemmons, NC?
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The median property value of $206,300 and median property taxes of $5,522 in Clemmons suggest a relatively stable and potentially lucrative real estate market. Considering the area's strong employment base, low poverty rate, and high health insurance coverage, investors can expect a favorable return on investment, with the potential for long-term appreciation in property value and steady rental income, especially given the 74.3% homeownership rate and the presence of top industries driving local economic growth.
Clemmons NC Real Estate & City Facts
Key facts and real estate information about Clemmons NC.
What are some of the best neighborhoods to live in Clemmons?
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Some of the best neighborhoods to live in Clemmons include Moravian Heights and Springfield. These neighborhoods are known for being peaceful, family-friendly, and safe. Additionally, areas like Ardmore and Tanglewood are also popular for their proximity to downtown and walkability.
What are some fun things to do in Clemmons?
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There are plenty of fun things to do in Clemmons, including visiting Tanglewood Park, playing golf at the Tanglewood Park Championship Golf Course, and exploring the local wineries. You can also check out the Festival of Lights, go hiking or biking, or visit the Quarry at the Grant Park. For a more unique experience, try axe throwing at Tap That Axe Throwing or visit the Rita Dee Alpacas.
What is the food scene like in Clemmons?
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The food scene in Clemmons is diverse and offers a range of options. You can find everything from traditional American cuisine to international flavors like Thai and Indian. Some popular restaurants include Dairi-O, Chang Thai, Joe's Takeout, and Alex's Grill & Ice Cream. There are also plenty of great food trucks and unique eateries like Spotted Cow Steakhouse and Island Cuisine Filipino Restaurant.
What are the pros and cons of living in Clemmons?
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The pros of living in Clemmons include its safe and family-friendly environment, proximity to downtown Winston-Salem, and access to outdoor activities like hiking and golfing. However, some cons include the potential for traffic and congestion, especially during peak hours, and the limited public transportation options. Additionally, some areas of Clemmons may be more prone to flooding or have higher property taxes.
Is Clemmons a good place to live?
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Overall, Clemmons is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its safe neighborhoods, outdoor recreational opportunities, and diverse food scene, Clemmons is an attractive option for families, young professionals, and retirees alike. However, as with any place, it's essential to weigh the pros and cons and consider factors like commute time, housing costs, and personal preferences 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 Clemmons NC Commercial Property: $64,118
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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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