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Glendale, CO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Glendale, Colorado Market population: 230K. Compare commercial properties across all major asset classes with...

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πŸ“Š Average Cap Rate For Glendale AZ Properties: 5.7%

⭐ Featured

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

πŸ“Š Avg Property Tax Rate For Glendale AZ Properties: 1.4000%

⭐ Featured

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

Investor Questions For Glendale AZ

Common questions from investors exploring commercial real estate in Glendale AZ.

What's the overall investment outlook for Glendale, AZ, considering its demographics and economy? +
With a median household income of $47,474 and a poverty rate of 19.1%, Glendale presents a mixed bag for investors. However, the city's diverse population, including a significant Hispanic community, and top industries like Finance & Insurance and Public Administration, suggest a stable demand for housing. The 85.3% health insurance coverage and 26.5-minute average commute time also indicate a relatively stable and healthy workforce.
How does the local economy impact the real estate market in Glendale, AZ? +
The presence of top industries like Finance & Insurance, Real Estate, and Public Administration in Glendale contributes to a relatively stable economy, which can positively impact the real estate market. The median property value of $144,300 and median property taxes of $45,311 also suggest a potentially lucrative market for investors, especially when combined with the city's 55.8% homeownership rate and diverse population.
What are the key factors to consider when assessing the quality of life for renters in Glendale, AZ? +
When evaluating the quality of life for renters in Glendale, consider the 26.5-minute average commute time, which is relatively short, and the fact that 85.3% of the population has health insurance, indicating a stable and healthy community. Additionally, the city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, can contribute to a vibrant and inclusive environment for renters.
How does the poverty rate and income inequality impact the rental market in Glendale, AZ? +
The 19.1% poverty rate in Glendale, combined with an income inequality GINI coefficient of 0.44, suggests that there may be a significant portion of the population that requires affordable housing options. Investors should consider this when developing their rental strategies, potentially focusing on affordable housing or working-class rentals that cater to the needs of this demographic.
What role do demographics play in shaping the demand for housing in Glendale, AZ? +
The demographics of Glendale, including a median age of 32.8 and a diverse population with top ethnicities like White, White Non-Hispanic, and Hispanic, play a significant role in shaping the demand for housing. The city's employed population of 100,196 and top industries like Finance & Insurance and Public Administration also contribute to a stable demand for housing, making it an attractive market for real estate investors.

Glendale AZ Real Estate & City Facts

Key facts and real estate information about Glendale AZ.

What's the overall investment outlook for Glendale, AZ, considering its demographics and economy? +
With a median household income of $47,474 and a poverty rate of 19.1%, Glendale presents a mixed bag for investors. However, the city's diverse population, including a significant Hispanic community, and top industries like Finance & Insurance and Public Administration, suggest a stable demand for housing. The 85.3% health insurance coverage and 26.5-minute average commute time also indicate a relatively stable and healthy workforce.
How does the local economy impact the real estate market in Glendale, AZ? +
The presence of top industries like Finance & Insurance, Real Estate, and Public Administration in Glendale contributes to a relatively stable economy, which can positively impact the real estate market. The median property value of $144,300 and median property taxes of $45,311 also suggest a potentially lucrative market for investors, especially when combined with the city's 55.8% homeownership rate and diverse population.

πŸ“Š Average Income For Glendale AZ Commercial Property: $47,474

⭐ Featured

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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