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Faribault, MN High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Faribault, Minnesota Market population: 23K. Compare commercial properties across all major asset classes with...

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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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Faribault MN Properties: 3.8000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Faribault MN

Common questions from investors exploring commercial real estate in Faribault MN.

What is the overall investment potential of Faribault, MN, considering its demographic and economic factors? +
The 16.3% poverty rate combined with 90.7% health insurance coverage and a median household income of $48,467 suggests a relatively stable market with employment opportunities, particularly in top industries like Public Administration and Finance & Insurance. The 19-minute average commute time and high homeownership rate of 65.7% also indicate a solid quality of life for residents. Additionally, the city's ethnic diversity, with 42.3% White and 7.3% Hispanic populations, contributes to a vibrant community.
How does the city's economy and employment landscape impact real estate investment? +
The employed population of 9,829 and top industries like Construction and Real Estate & Rental & Leasing suggest a growing economy with opportunities for real estate development and investment. The median property value of $146,000 and median property taxes of $5,616 also indicate a relatively affordable housing market, which can attract renters and buyers. Furthermore, the foreign-born rate of 10.2% and diverse ethnicities can contribute to a demand for housing from a varied population.
What are the key factors to consider when assessing the quality of life in Faribault, MN, for real estate investment? +
The average commute time of 19 minutes, top commute methods like Drove Alone and Carpooled, and high health insurance coverage of 90.7% all contribute to a high quality of life in Faribault. The city's relatively low poverty rate and high median household income also suggest a stable and secure environment for residents, which can positively impact property values and rental yields. Additionally, the city's education metrics, such as an 85.2% high school graduation rate, can attract families and young professionals to the area.
How does the city's demographic diversity impact the demand for housing and real estate investment opportunities? +
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, can contribute to a demand for housing from a varied population. The foreign-born rate of 10.2% also suggests a potential for international investment and a diverse range of tenants. Furthermore, the median age of 35.8 and relatively high homeownership rate of 65.7% indicate a stable and established community, which can attract long-term investors and renters.
What are the potential risks and challenges to consider when investing in real estate in Faribault, MN? +
The poverty rate of 16.3% and income inequality (GINI) of 0.407 suggest some economic challenges in the city, which can impact property values and rental yields. The violent crime rate of 250.6 per 100,000 and property crime rate of 2,514.1 per 100,000 also indicate some safety concerns, which can affect the quality of life for residents and investors. However, the city's overall demographic and economic factors, such as its diverse economy and relatively high health insurance coverage, can help mitigate these risks and provide opportunities for savvy investors.

Faribault MN Real Estate & City Facts

Key facts and real estate information about Faribault MN.

What are some of the best neighborhoods to live in Faribault? +
Some of the best neighborhoods to live in Faribault include Central Park, which is known for being quiet and safe, and South West, which is a peaceful and family-friendly area. Other desirable areas tend to be in the east parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in Faribault? +
There are plenty of fun things to do in Faribault, such as visiting the River Bend Nature Center, exploring the Paradise Center for the Arts, and checking out the Faribault Family Aquatic Center. You can also take part in the mural hunt and history bench walk, or rent bikes and enjoy the outdoors. Additionally, the city has a variety of restaurants and shops to explore.
What is the food scene like in Faribault? +
The food scene in Faribault is diverse and offers a range of options, from gourmet burgers at Redemption Restaurant to craft cocktails at the Depot Bar & Grill. You can also find Asian, Mexican, and homestyle cuisine at various restaurants throughout the city. 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 Faribault? +
The pros of living in Faribault include its affordable housing, safe neighborhoods, and variety of outdoor activities. However, some cons include the city's relatively small size and limited job opportunities. Additionally, some areas of the city may have higher crime rates or less desirable living conditions. Overall, Faribault is a great option for those looking for a quiet, family-friendly community with a strong sense of small-town charm.
Is Faribault a good place to live? +
Faribault can be a great place to live for those who value a close-knit community, outdoor activities, and a relatively low cost of living. While it may not offer the same level of excitement or opportunity as larger cities, Faribault has a unique charm and a strong sense of history and culture. Ultimately, whether or not Faribault is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Faribault MN Commercial Property: $48,467

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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