Oakley, ID High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Oakley, Idaho Market population: 36K. Compare commercial properties across all major asset classes with...
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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
π Avg Property Tax Rate For Oakley CA Properties: 3.4000%
π Average Income For Oakley CA Commercial Property: $77,043
Investor Questions For Oakley CA
Common questions from investors exploring commercial real estate in Oakley CA.
What are the key demographic factors that make Oakley, CA an attractive market for real estate investment?
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The city's population of 36,443, with a median age of 33.5 and top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a diverse and growing community. The median household income of $77,043 and low poverty rate of 7.6% indicate a stable economy, while the high health insurance coverage rate of 93.8% points to a healthy and secure population.
How does the local economy impact the real estate market in Oakley, CA?
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The top industries in Oakley, including Finance & Insurance, Agriculture, Forestry, Fishing & Hunting, & Mining, and Public Administration, contribute to a strong and diverse economy. With an employed population of 16,185 and a median household income of $77,043, the city offers a stable source of tenants and buyers, while the average commute time of 40.2 minutes and top commute methods suggest a convenient and accessible location.
What are the benefits and drawbacks of investing in the Oakley, CA housing market?
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The median property value of $235,400 and median property taxes of $8,070 suggest a relatively affordable housing market, while the homeownership rate of 76.3% indicates a strong demand for ownership. However, the poverty rate of 7.6% and GINI coefficient of 0.387 suggest some income inequality, which could impact rental yields and property appreciation.
How does the quality of life in Oakley, CA impact the real estate market?
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The average commute time of 40.2 minutes and top commute methods, including driving alone and working from home, suggest a convenient and flexible lifestyle. The high health insurance coverage rate of 93.8% and relatively low poverty rate of 7.6% also point to a healthy and secure population, making Oakley an attractive location for renters and buyers.
What are the long-term prospects for real estate investment in Oakley, CA?
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The city's diverse economy, stable population, and relatively affordable housing market suggest strong long-term prospects for real estate investment. The top industries, including Finance & Insurance and Public Administration, are likely to continue driving growth and demand, while the high health insurance coverage rate and low poverty rate point to a secure and stable community.
Oakley CA Real Estate & City Facts
Key facts and real estate information about Oakley CA.
What are some of the best neighborhoods to live in Oakley?
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Some of the best neighborhoods to live in Oakley include Summer Lake, Cypress Grove, Magnolia Park, Arboleda, and Vintage Parkway West. These neighborhoods offer a range of amenities, including modern homes, parks, and convenient locations.
What are some fun things to do in Oakley?
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There are plenty of fun things to do in Oakley, including visiting the Big Break Regional Shoreline, Big Break Marina, Nunn-Wilson Family Park, and Duarte Ranch Park. You can also attend events like the Heart of Oakley Festival, Concerts in the Park, and Movies on Main Street. Additionally, there are several farms and petting zoos in the area, such as The Dingle Family Farm and Stables and The Mini Experience Petting Zoo.
What is the food scene like in Oakley?
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The food scene in Oakley is diverse and offers a range of options, including Californian cuisine at Wence House, Japanese food at Samurai Japanese Restaurant, and Vietnamese food at Golden Gate Pho. There are also plenty of great food trucks and casual eateries in the area, such as Moodles and Angel Berries. Whether you're in the mood for something fancy or casual, Oakley has something for everyone.
What are the pros and cons of living in Oakley?
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The pros of living in Oakley include its convenient location, modern amenities, and range of outdoor activities. However, some cons include the potential for traffic and crowds, especially during peak festival seasons. Additionally, some areas of Oakley may be prone to flooding or other environmental issues. Overall, Oakley is a great place to live for those who value community, outdoor recreation, and a small-town feel.
Is Oakley a good place to live?
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Yes, Oakley is a good place to live for many people. It offers a unique blend of small-town charm and modern amenities, making it an attractive option for families, young professionals, and retirees alike. While it may have some drawbacks, such as traffic and crowds, the benefits of living in Oakley far outweigh the costs for many residents. With its beautiful parks, vibrant community events, and diverse food scene, Oakley is a great place to call home.
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