CRE Admin

Myrtle Grove, NC High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Myrtle Grove, North Carolina Market population: 17K. Browse multifamily, office, retail, industrial, and mixed-use...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No properties found matching your criteria. Here are some featured properties.
12 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ 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 Myrtle Grove FL Properties: 0.9000%

⭐ Featured

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 Myrtle Grove FL

Common questions from investors exploring commercial real estate in Myrtle Grove FL.

What's the overall investment potential of Myrtle Grove, FL, considering its demographics and economy? +
Myrtle Grove's median household income of $40,373, combined with a poverty rate of 17.9% and an employed population of 6,435, suggests a working-class market with some employment stability. The city's top industries, including Transportation & Warehousing and Public Administration, indicate a diverse economy, while the 85.2% health insurance coverage rate and 22.1-minute average commute time suggest a relatively stable quality of life for residents.
How does the ethnic diversity and foreign-born population impact the local real estate market in Myrtle Grove? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant community, while the relatively low foreign-born rate of 4.3% may indicate less pressure on housing from international migration. This balance, paired with a median property value of $108,700 and a homeownership rate of 52.5%, could make Myrtle Grove an attractive option for investors looking for a stable market with potential for long-term growth.
What are the key factors influencing the quality of life for residents in Myrtle Grove, and how might these impact real estate investment? +
The average commute time of 22.1 minutes, top commute methods including driving alone and working from home, and a health insurance coverage rate of 85.2% all contribute to a decent quality of life in Myrtle Grove. Considering the poverty rate of 17.9% and the GINI coefficient of 0.407, investors should be aware of the potential for tenant instability, but the overall quality of life metrics suggest a relatively stable environment that could support rental yields and property appreciation.
How do the local industries and employment rates in Myrtle Grove affect the demand for housing and real estate investment opportunities? +
The top industries in Myrtle Grove, such as Transportation & Warehousing and Professional, Scientific, & Management Services, indicate a demand for housing from employed individuals. With an employed population of 6,435 and a median household income of $40,373, there is a potential for stable rental income, especially considering the city's relatively affordable median property value of $108,700 and median property taxes of $3,352.
What's the outlook for property appreciation and rental yields in Myrtle Grove, given its current market conditions and demographic trends? +
Given Myrtle Grove's median property value of $108,700, homeownership rate of 52.5%, and average commute time of 22.1 minutes, the city presents a relatively stable market for real estate investment. The poverty rate of 17.9% and health insurance coverage rate of 85.2% suggest that, while there may be some challenges in terms of tenant quality, the overall trend is towards a working-class community with employment stability, which could support moderate property appreciation and rental yields over the long term.

Myrtle Grove FL Real Estate & City Facts

Key facts and real estate information about Myrtle Grove FL.

What are some of the best neighborhoods to live in Myrtle Grove? +
Some of the best neighborhoods to live in Myrtle Grove, FL include Twin Oaks, and other neighborhoods that are highly rated by residents and visitors alike. According to online reviews and ratings, these neighborhoods offer a great quality of life, with good schools, low crime rates, and plenty of amenities. However, it's always a good idea to do your own research and visit the neighborhoods in person to get a feel for which one might be the best fit for you.
What are some fun things to do in Myrtle Grove? +
There are plenty of fun things to do in Myrtle Grove, FL, including visiting the Crystal Icehouse, The Grid Arcade Pensacola, and Fort Pickens. You can also take a dolphin-watching eco-boat tour, or explore the historic downtown area and its many shops and restaurants. If you're looking for outdoor activities, there are plenty of parks and nature reserves in the area, including the Florida Trail Northern Terminus and the Pensacola Lighthouse and Maritime Museum.
What is the food scene like in Myrtle Grove? +
The food scene in Myrtle Grove, FL is diverse and exciting, with a wide range of restaurants to choose from. Some popular options include Pearl & Horn, Ruby Slipper Pensacola, and Bonelli's Cafe Italia. You can also find great seafood at one of the many waterfront restaurants in the area, such as The Grand Marlin of Pensacola Beach. There are also plenty of great food trucks and casual eateries to choose from, so you're sure to find something that suits your taste and budget.
What are the pros and cons of living in Myrtle Grove? +
The pros of living in Myrtle Grove, FL include its great location, with plenty of amenities and activities to choose from. The area is also known for its good schools and low crime rates, making it a great choice for families. However, some cons of living in Myrtle Grove include the traffic and congestion in the area, particularly during peak season. Additionally, some residents have reported that the area can feel a bit desolate at times, particularly in the evenings. Overall, though, Myrtle Grove is a great choice for anyone looking for a relaxed, beachy lifestyle with plenty of things to do and see.
Is Myrtle Grove a good place to live? +
Whether or not Myrtle Grove is a good place to live depends on your individual preferences and priorities. If you're looking for a relaxed, beachy lifestyle with plenty of amenities and activities to choose from, then Myrtle Grove might be a great choice for you. However, if you're looking for a more urban or fast-paced environment, you might find Myrtle Grove to be a bit too slow. Additionally, the area can be quite crowded and congested during peak season, so it's worth considering whether or not you're comfortable with that. Overall, though, Myrtle Grove is a great choice for anyone looking for a laid-back, coastal lifestyle with plenty of things to do and see.
⭐ 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 Myrtle Grove FL Commercial Property: $40,373

Advertisement
⭐ Featured

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
⭐ 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
⭐ 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
⭐ 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
Advertisement
⭐ Featured

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
⭐ Featured

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
⭐ Featured

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
⭐ Featured

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
Advertisement
⭐ Featured

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
Advertisement