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Lyndon, IL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lyndon, Illinois Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Lyndon KY Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Lyndon KY Properties: 0.8600%

πŸ“Š Average Income For Lyndon KY Commercial Property: $63,196

Investor Questions For Lyndon KY

Common questions from investors exploring commercial real estate in Lyndon KY.

What's the overall investment potential of Lyndon, KY? +
With a median household income of $63,196 and a relatively low poverty rate of 7.7%, Lyndon, KY presents a stable investment market, further supported by a high health insurance rate of 95% and a short average commute time of 23.4 minutes, indicating a reliable and healthy workforce.
How does the local economy impact rental demand? +
The dominant Healthcare & Social Assistance industry in Lyndon, KY drives rental demand, and when combined with the city's low poverty rate and high employment rate of 5516, it suggests a strong, stable tenant base, which is further reinforced by the city's diverse population, albeit with a dominant White ethnicity, and a high homeownership rate of 73%.
What are the key factors influencing property values in Lyndon, KY? +
The median property value of $173,400, coupled with a moderate median property tax of $1450 and a relatively low Gini coefficient of 0.43, indicates a balanced and equitable distribution of wealth, which, along with the city's short commute time and high health insurance coverage, contributes to stable property values and a favorable investment environment.
How does the city's demographic profile affect investment decisions? +
Lyndon, KY's population of 11,002, with a median age of 38.4 and a foreign-born rate of 3.4%, presents a relatively homogeneous market with a dominant White ethnicity, but the high health insurance rate and low poverty rate suggest a resilient and stable community, making it an attractive location for investors seeking predictable returns.
What role do commute times and transportation methods play in assessing market stability? +
The average commute time of 23.4 minutes in Lyndon, KY, primarily driven by residents who drive alone, indicates a convenient and accessible location, which, when considered alongside the high health insurance rate of 95% and the low poverty rate of 7.7%, suggests a stable and attractive market for both residents and investors, with a strong potential for long-term growth and returns.

Lyndon KY Real Estate & City Facts

Key facts and real estate information about Lyndon KY.

What are some of the best neighborhoods to live in Lyndon? +
Some of the best neighborhoods to live in Lyndon, KY, are Fort Knox CDP, Graymoor-Devondale, and St Matthews. These neighborhoods are known for being safe, clean, and affordable, with a peaceful atmosphere and mature surroundings. However, it's worth noting that some houses in these neighborhoods may not be well-maintained.
What are some fun things to do in Lyndon? +
There are plenty of fun things to do in Lyndon, KY, such as visiting the E.P. 'Tom' Sawyer State Park, Oxmoor Center, and Westport Village. You can also check out the Calypso Cove Family Waterpark, Ten Pin Strike & Spare, and Cinemark Mall St. Matthews. Additionally, the Louisville Salt Cave is a unique attraction worth visiting.
What is the food scene like in Lyndon? +
The food scene in Lyndon, KY, is diverse and offers a range of options. Some popular restaurants include CASK Southern Kitchen & Bar, The Goose Eatery & Hangout, The Eagle Oxmoor, and The Charcoal Restaurant. You can also find great sushi at ToGo Sushi and comfort food at The Goose. Furthermore, Gourmet Provisions is a local favorite with over 50 years of experience in the Louisville dining scene.
What are the pros and cons of living in Lyndon? +
The pros of living in Lyndon, KY, include its safe and clean neighborhoods, affordable housing, and a range of amenities and attractions. However, some cons include the fact that some houses may not be well-maintained, and the area may not be as diverse as other parts of Louisville. Additionally, traffic and commute times can be a challenge in certain areas.
Is Lyndon a good place to live? +
Overall, Lyndon, KY, is a great place to live, offering a balance of safety, affordability, and amenities. While it may have some drawbacks, the area's unique character and range of attractions make it an attractive option for those looking to live in the Louisville area. As with any place, it's essential to weigh the pros and cons and consider your individual priorities and preferences.
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