Gleneagle, CO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Gleneagle, Colorado Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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3 properties found
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📊 Average Cap Rate For Gleneagle CO Properties: 5.7%
⭐ 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
📊 Avg Property Tax Rate For Gleneagle CO Properties: 0.5100%
⭐ 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 Gleneagle CO
Common questions from investors exploring commercial real estate in Gleneagle CO.
What's the overall investment potential of Gleneagle, CO, considering its demographics and economy?
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With a median household income of $100,278 and a low poverty rate of 2.7%, Gleneagle presents a stable investment market, further strengthened by its diverse top industries, including Finance & Insurance and Professional, Scientific, & Management Services, which attract a skilled workforce, and a high health insurance coverage rate of 95.2% indicating a healthy and secure population.
How does the ethnic diversity and commute time in Gleneagle impact the rental market?
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The ethnic diversity, led by White (46.4%) and White Non-Hispanic (43.9%) populations, alongside a relatively short average commute time of 25.4 minutes, suggests a stable and attractive rental market, especially considering the top commute methods include driving alone, working from home, and carpooling, which can influence the type of housing and amenities in demand.
What role does the high homeownership rate and median property value play in the investment strategy for Gleneagle?
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The high homeownership rate of 83.4% and a median property value of $315,800 indicate a strong preference for owning over renting, which could impact rental yields, but the stability and potential for long-term appreciation make it an attractive market for investors looking for steady, low-risk investments, especially when combined with the low poverty rate of 2.7% and high health insurance coverage of 95.2%.
How do the top industries in Gleneagle, such as Finance & Insurance and Retail Trade, affect market demand?
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The presence of strong, diverse industries like Finance & Insurance, Retail Trade, and Professional Services in Gleneagle contributes to a robust job market, which in turn drives housing demand, both for ownership and rental, especially considering the median age of 40.7 and the employed population of 2,876, suggesting a market with a high potential for growth and stability.
What insights can be gleaned from the health insurance rate and commute time for assessing tenant quality and market stability?
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The high health insurance coverage rate of 95.2% combined with an average commute time of 25.4 minutes suggests a market with stable, employed individuals who are likely to be reliable tenants, further reinforced by the low poverty rate of 2.7%, indicating a reduced risk of investment in rental properties and a more stable market environment.
Gleneagle CO Real Estate & City Facts
Key facts and real estate information about Gleneagle CO.
What are some of the best neighborhoods to live in Gleneagle?
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Some of the best neighborhoods to live in Gleneagle include the areas around the Air Force Academy, which offer scenic views of the Front Range and a family-friendly atmosphere. Other popular neighborhoods include those with well-kept homes, good schools, and easy access to shopping and dining, such as the areas near Fox Run Regional Park.
What are some fun things to do in Gleneagle?
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There are plenty of fun things to do in Gleneagle, including hiking the Northgate Open Space Trail, enjoying a concert at the Ford Amphitheater, or dining at a local eatery like Reds Sunset Grill or Bourbon Brothers Smokehouse and Tavern. You can also visit the Western Museum of Mining & Industry or play a round of golf at the Gleneagle Golf Course.
What is the food scene like in Gleneagle?
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The food scene in Gleneagle is diverse and exciting, with a range of restaurants serving everything from modern Scottish cuisine to traditional American fare. Some popular spots include Pamela’s, Spill The Tea, and Curry Culture, as well as the restaurant at the Gleneagle Golf Course, which offers a menu of classic dishes and stunning views of the surrounding countryside. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Gleneagle?
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The pros of living in Gleneagle include its scenic views, family-friendly atmosphere, and easy access to outdoor recreation opportunities. However, some cons include the potential for traffic and crowds in certain areas, particularly during peak tourist season. Additionally, the cost of living in Gleneagle can be relatively high, especially when it comes to housing prices. Overall, though, Gleneagle is a great choice for those who value a peaceful, natural setting and a strong sense of community.
Is Gleneagle a good place to live?
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Yes, Gleneagle is a good place to live, offering a unique blend of natural beauty, outdoor recreation opportunities, and small-town charm. With its highly rated schools, low crime rate, and strong sense of community, Gleneagle is an attractive choice for families, retirees, and young professionals alike. While it may have some drawbacks, such as a relatively high cost of living, the benefits of living in Gleneagle far outweigh the drawbacks for many people.
📊 Average Income For Gleneagle CO Commercial Property: $100,278
⭐ 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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