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Kirksville, MO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Kirksville, Missouri Market population: 18K. Explore income-producing properties with verified cap rates and operating...

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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 Kirksville MO Properties: 1.1600%

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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 Kirksville MO

Common questions from investors exploring commercial real estate in Kirksville MO.

What's the overall investment potential of Kirksville, MO, considering its demographics and economy? +
The city's 31.1% poverty rate and $30,153 median household income suggest a challenging market, but the 91.9% health insurance coverage and 13.5-minute average commute time indicate a relatively stable workforce, which could be attractive for investors looking for affordable rental properties, particularly given the top industries in Professional, Scientific, & Management, & Administrative & Waste Management Services.
How does the ethnic diversity and industry mix in Kirksville impact real estate demand? +
The diverse population with top ethnicities including White, White Non-Hispanic, and Black, combined with the presence of industries like Information and Finance & Insurance, suggests a potential for a varied and resilient rental market, which could be bolstered by the city's relatively low median property value of $95,600 and median property taxes of $3,092.
What are the implications of Kirksville's commute times and health insurance coverage for real estate investors? +
The short 13.5-minute average commute time and high 91.9% health insurance coverage rate imply a population with good access to employment and healthcare, making it an attractive location for renters and thus potentially stabilizing the rental market for investors, especially when considering the top commute methods like driving alone and carpooling.
How do poverty rates and homeownership rates in Kirksville influence the rental market? +
The 31.1% poverty rate might suggest a higher demand for affordable rentals, but the 47.1% homeownership rate indicates a significant portion of the population prefers or can afford to own homes, which could balance out the rental market; investors should consider these factors when deciding on property types and pricing strategies, keeping in mind the median gross rent is $643.
What role does the city's income inequality and foreign-born rate play in assessing real estate investment opportunities? +
The GINI coefficient of 0.518 indicates moderate income inequality, which, combined with a relatively low foreign-born rate of 3.8%, suggests a local market with both challenges and opportunities for investors, particularly in terms of understanding tenant profiles and potential for rental yield, given the employed population of 7,253 and the presence of various industries.

Kirksville MO Real Estate & City Facts

Key facts and real estate information about Kirksville MO.

What are some of the best neighborhoods to live in Kirksville? +
Some of the best neighborhoods to live in Kirksville include New Meadows, Northtown, and Kirksville Devlin. These neighborhoods are known for their friendly atmosphere and strong sense of community. For example, New Meadows Northtown is a charming neighborhood with a mix of old and new homes, while Kirksville Devlin is a quiet, residential neighborhood with well-kept homes.
What are some fun things to do in Kirksville? +
There are plenty of fun things to do in Kirksville, such as visiting Thousand Hills State Park, the Del and Norma Robison Planetarium, and the Museum of Osteopathic Medicine. You can also explore the city's historic downtown area, visit the Kirksville Rotary Park, or play a round of disc golf at Rotary Park Disc Golf. Additionally, the city hosts various events and festivals throughout the year, including the Kirksville Farmers' Market and the Annual Kirksville Oktoberfest.
What is the food scene like in Kirksville? +
The food scene in Kirksville is diverse and offers a range of options, from classic American diners to international cuisine. Some popular restaurants include Colton's Steak House & Grill, Maxwell's, and 54 Diner. You can also find great pizza and grinders at Bellacino's, or try some Chinese food at Chen's Palace. There are also plenty of great food trucks and cafes in the area, offering everything from burgers to BBQ.
What are the pros and cons of living in Kirksville? +
One of the pros of living in Kirksville is its small-town charm and strong sense of community. The city also has a low cost of living and a relatively low crime rate. However, one of the cons is that job opportunities may be limited, and the city can feel quite rural at times. Additionally, some residents may find the winter weather to be harsh, with cold temperatures and snow. Overall, Kirksville is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Kirksville a good place to live? +
Kirksville can be a great place to live for the right person. The city offers a unique blend of small-town charm and access to outdoor recreation, making it an attractive option for those who love the outdoors. Additionally, the city has a strong sense of community, with plenty of opportunities to get involved in local events and activities. However, it may not be the best fit for everyone, particularly those who are looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether or not Kirksville is a good place to live depends on your individual preferences and priorities.
⭐ 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 Kirksville MO Commercial Property: $30,153

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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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