Garden City, SD High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Garden City, South Dakota Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use...
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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 Garden City KS Properties: 1.7900%
⭐ 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 Garden City KS
Common questions from investors exploring commercial real estate in Garden City KS.
What is the overall investment potential of Garden City, KS?
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The combination of a relatively high median household income of $45,563, a poverty rate of 14.4%, and a strong health insurance coverage rate of 85.7% suggests a stable investment market with a working-class demographic. The city's diverse population, with top ethnicities including White, Hispanic, and White Non-Hispanic, and a foreign born rate of 34.6%, indicates a potentially vibrant cultural scene. Additionally, the top industries, including Information, Finance & Insurance, and Construction, provide a solid foundation for employment and economic growth.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors?
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The average commute time of 14.7 minutes, which is relatively short, and the top commute methods of driving alone, carpooling, and walking, indicate a well-planned transportation infrastructure. This, combined with a high health insurance coverage rate of 85.7%, suggests a high quality of life for residents, making it an attractive market for investors. The diversity of the population, with 36.8% White, 27.6% Hispanic, and 19.6% White Non-Hispanic, also contributes to a vibrant community.
What are the key factors to consider when evaluating the rental market in Garden City, KS?
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The median property value of $106,900 and median property taxes of $5,692 provide a solid foundation for rental investments. The poverty rate of 14.4% and health insurance coverage rate of 85.7% suggest a working-class demographic with employment stability, which is beneficial for rental income. Furthermore, the top industries, including Information and Finance & Insurance, indicate a strong job market, which can support rental demand.
How does the ethnic diversity and industry mix impact the demand for housing in Garden City, KS?
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The city's ethnic diversity, with a mix of White, Hispanic, and White Non-Hispanic populations, and a foreign born rate of 34.6%, contributes to a culturally vibrant community, which can drive demand for housing. The top industries, including Construction and Finance & Insurance, provide a solid foundation for employment and economic growth, which can also support housing demand. Additionally, the median household income of $45,563 and poverty rate of 14.4% suggest a working-class demographic with a need for affordable housing options.
What are the implications of the GINI coefficient and poverty rate on the overall stability of the investment market in Garden City, KS?
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The GINI coefficient of 0.412, which indicates a moderate level of income inequality, and the poverty rate of 14.4%, suggest that there may be some economic challenges in the market. However, the high health insurance coverage rate of 85.7% and the strong employment population of 13,600 indicate a level of economic stability. The median household income of $45,563 and the top industries, including Information and Finance & Insurance, also contribute to a stable investment market, making it an attractive option for investors.
Garden City KS Real Estate & City Facts
Key facts and real estate information about Garden City KS.
What are some of the best neighborhoods to live in Garden City?
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Some of the best neighborhoods to live in Garden City, KS are North Garden, Magnolia Acres, and Garden City South. These neighborhoods offer a range of housing options, from affordable homes to more upscale properties, and are known for their friendly atmosphere and beautiful parks.
What are some fun things to do in Garden City?
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There are plenty of fun things to do in Garden City, KS. You can visit the Lee Richardson Zoo, explore the Finney County Historical Museum, or check out the Sandsage Bison Range. If you're looking for something more adventurous, you can try escaping the clock at Escape the Clock or take a dip in the world's largest hand-dug pool at The Big Pool.
What is the food scene like in Garden City?
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The food scene in Garden City, KS is diverse and delicious. You can find everything from traditional American cuisine at Baron's Steakhouse + Bar to Mexican food at Las Margaritas. There are also plenty of great food trucks and restaurants serving up unique eats, like Pinky's Grilled Cheestro. And if you're in the mood for something sweet, you can't miss the donuts at one of the local bakeries.
What are the pros and cons of living in Garden City?
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Living in Garden City, KS has its pros and cons. On the plus side, the city has a low cost of living, a strong sense of community, and plenty of outdoor recreational opportunities. However, the city can be quite windy, and some residents may find the job market limited. Additionally, the city's remote location can make it difficult to access certain amenities or services. Overall, whether or not Garden City is a good fit for you will depend on your individual priorities and preferences.
Is Garden City a good place to live?
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Garden City, KS can be a great place to live for people who value a close-knit community, outdoor recreation, and a low cost of living. While it may not be the best fit for everyone, the city has a lot to offer, from its beautiful parks and zoo to its diverse food scene and rich history. If you're considering moving to Garden City, it's worth weighing the pros and cons and deciding whether the city's unique blend of small-town charm and natural beauty is right for you.
⭐ 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 Garden City KS Commercial Property: $45,563
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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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