Monett, MO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Monett, Missouri Market population: 9K. Compare commercial properties across all major asset classes with...
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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 Monett MO Properties: 86.0000%
⭐ 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 Monett MO
Common questions from investors exploring commercial real estate in Monett MO.
What's the overall investment potential of Monett, MO, considering its demographic and economic factors?
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Monett's median household income of $36,756, combined with a poverty rate of 21.7% and a health insurance coverage of 83.7%, suggests a working-class market with some employment stability. The city's diverse population, including White, White Non-Hispanic, and Hispanic communities, and its top industries in Information and Transportation, indicate a potential for market demand. Additionally, the average commute time of 14.8 minutes and high rate of health insurance coverage contribute to a relatively stable quality of life.
How does the city's ethnic diversity and industry landscape impact real estate investment?
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The ethnic diversity in Monett, with 41.2% White, 35.0% White Non-Hispanic, and 13.8% Hispanic populations, contributes to a vibrant market. The top industries, including Information and Professional services, attract a skilled workforce, which can drive demand for housing. Furthermore, the city's foreign-born rate of 24.5% and relatively low GINI coefficient of 0.41 suggest a community with a mix of cultures and incomes, potentially supporting a stable rental market.
What are the key factors to consider when evaluating the rental market in Monett, MO?
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When assessing the rental market in Monett, consider the city's poverty rate of 21.7%, which may impact tenant quality, alongside the health insurance coverage of 83.7%, indicating a level of employment stability. The average commute time of 14.8 minutes and the prevalence of driving alone or carpooling as commute methods suggest convenient transportation options, making the area attractive to renters. Additionally, the median property value of $106,300 and median property taxes of $1,955 provide insight into the potential return on investment.
How does the quality of life in Monett, MO, influence its attractiveness to real estate investors?
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The quality of life in Monett, characterized by an average commute time of 14.8 minutes and a health insurance coverage rate of 83.7%, contributes to a stable and attractive environment for residents. The city's relatively low poverty rate compared to other areas, and its diverse economy with top industries in Information and Transportation, suggest a resilient market. Moreover, the homeownership rate of 57.5% and the median household income of $36,756 indicate a balance between ownership and rental opportunities, making it an interesting market for investors.
What insights can be gleaned from Monett's demographic and economic data for real estate investment strategies?
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Monett's demographic and economic data, including a median age of 34.0, a foreign-born rate of 24.5%, and top industries in Information and Professional services, suggest a dynamic and potentially growing market. The poverty rate of 21.7% and the GINI coefficient of 0.41 provide insights into income inequality, which, combined with the health insurance coverage of 83.7%, can inform strategies for targeting specific segments of the rental market. Furthermore, the median property value and taxes offer a basis for calculating potential returns on investment, helping investors make informed decisions.
Monett MO Real Estate & City Facts
Key facts and real estate information about Monett MO.
What are some of the best neighborhoods to live in Monett?
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Some of the best neighborhoods to live in Monett include West Monett, which is known for its quiet and family-friendly atmosphere, featuring a mix of older homes and new constructions. Other neighborhoods like Pierce City and areas near the city center are also popular for their convenience and community feel.
What are some fun things to do in Monett?
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Monett offers a variety of activities and attractions, including visiting the Freedom Silo, exploring the Monett Historical Society, playing a round at the Windmill Ridge Golf Course, and enjoying the outdoors at Monett City Cemeteries & Parks. For entertainment, you can catch a movie at the Plaza Five Cinema or take a tour with Making Memories Tours.
What is the food scene like in Monett?
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The food scene in Monett is diverse, with options ranging from barbecue at Big Baldy's Bac-Woods Bar-B-Q to Mexican cuisine at Acambaro Mexican Restaurant. You can also find Asian buffet options and unique dining experiences like The Bayou restaurant, which serves up bowls of piping hot gumbo and fried alligator. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Monett?
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Living in Monett has its pros and cons. On the positive side, Monett is a peaceful and family-friendly city with a strong sense of community, offering a mix of outdoor activities, cultural attractions, and convenient amenities. However, some areas may experience unique smells from industrial activities, and the city's smaller size might limit certain amenities or entertainment options compared to larger cities.
Is Monett a good place to live?
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Monett can be a good place to live for those who value a close-knit community, outdoor recreation, and a quieter pace of life. While it may not offer the diversity of amenities found in larger cities, its unique blend of small-town charm, industrial opportunities, and natural beauty makes it an attractive option for families and individuals looking for a more relaxed lifestyle.
⭐ 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 Monett MO Commercial Property: $36,756
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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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