Delta, CO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Delta, Colorado Market population: 9K. Compare commercial properties across all major asset classes with...
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π Average Cap Rate For Delta CO Properties: 5.7%
β 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
π Avg Property Tax Rate For Delta CO Properties: 0.4500%
β 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
Investor Questions For Delta CO
Common questions from investors exploring commercial real estate in Delta CO.
What's the overall investment potential of Delta, CO?
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With a median household income of $52,759 and a relatively low poverty rate of 12.9%, Delta, CO presents a stable investment market, further supported by its high health insurance coverage rate of 91.2% and a diverse economy led by industries like Healthcare & Social Assistance and Retail Trade.
How does the local economy impact rental demand?
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The top industries in Delta, CO, including Healthcare & Social Assistance, Retail Trade, and Accommodation & Food Services, contribute to a stable job market, which when combined with the city's 23.4-minute average commute time and high rate of health insurance coverage, suggests a reliable tenant base with a relatively low risk of employment instability.
What role does ethnic diversity play in the local real estate market?
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The ethnic diversity in Delta, CO, with a population that is 73.1% White, 22.1% Hispanic, and 1.4% American Indian, indicates a culturally rich community, which can attract a wide range of residents and businesses, potentially boosting demand for housing and commercial properties, especially when considered alongside the city's median property value of $233,400 and a homeownership rate of 67.3%.
How do commute times and transportation methods affect property values?
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The average commute time of 23.4 minutes in Delta, CO, along with the prevalence of driving alone (74.1%) and carpooling (12.3%), suggests that residents value convenience and accessibility, which can positively impact property values, particularly for those properties located near major transportation routes or community amenities, and this is further reinforced by the city's relatively high median property value of $233,400.
What are the implications of the GINI coefficient and poverty rate for investors?
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The GINI coefficient of 0.444 and a poverty rate of 12.9% in Delta, CO, indicate a level of income inequality, but when considered in the context of the city's high health insurance coverage rate of 91.2% and a strong employment population of 4,193, these factors suggest a working-class market with employment stability, making it an attractive location for investors looking to balance risk and potential returns, especially in the context of the local median household income of $52,759 and the top industries driving the economy.
Delta CO Real Estate & City Facts
Key facts and real estate information about Delta CO.
What are some of the best neighborhoods to live in Delta?
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Some of the best neighborhoods to live in Delta, CO, are Cedaredge, Garnet Mesa, and the southeast parts of the city. These areas are known for being peaceful, family-friendly, and having a pleasant community.
What are some fun things to do in Delta?
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There are plenty of fun things to do in Delta, CO, such as visiting Confluence Park, Adobe Badlands Wilderness Study Area, Delta County Museum, Fort Uncompahgre, and Sweitzer Lake State Park. You can also enjoy outdoor activities like hiking, mountain biking, birding, and gold medal fishing.
What is the food scene like in Delta?
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The food scene in Delta, CO, is small-town, authentic, and full of local flavor. Some popular restaurants include Starvin' Arvin's, Stockyards, A&M Creations, and Daveto's. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Delta?
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The pros of living in Delta, CO, include its peaceful and family-friendly community, outdoor recreational opportunities, and a growing food scene. However, some cons include the limited job market, higher cost of living, and limited entertainment options. Overall, Delta is a great place to live for those who value a small-town lifestyle and easy access to nature.
Is Delta a good place to live?
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Delta, CO, is a good place to live for those who value a small-town lifestyle, outdoor recreation, and a strong sense of community. While it may have some limitations, the city's unique charm and natural beauty make it an attractive option for families, retirees, and outdoor enthusiasts. Ultimately, whether Delta is a good place to live depends on your individual priorities and preferences.
π Average Income For Delta CO Commercial Property: $52,759
β 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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