Pontiac, MO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pontiac, Missouri Market population: 60K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Pontiac MI Properties: 1.2600%
⭐ 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 Pontiac MI
Common questions from investors exploring commercial real estate in Pontiac MI.
What's the overall investment potential of Pontiac, MI, considering its demographics and economy?
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The city's median household income of $27,528, combined with a poverty rate of 31.1%, suggests a challenging market, but the 85.5% health insurance coverage and 21.3-minute average commute time indicate some stability, with the top industries in Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing potentially driving demand.
How does the ethnic diversity and foreign-born rate impact the rental market in Pontiac, MI?
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The diverse population with top ethnicities being Black (34.2%), White (24.6%), and White Non-Hispanic (16.7%), along with a relatively low foreign-born rate of 2.8%, may attract investors looking for a stable, domestic rental market, especially considering the 43.6% homeownership rate and median property value of $61,000.
What are the implications of the city's income inequality and poverty rate on real estate investment?
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The GINI coefficient of 0.472 and poverty rate of 31.1% suggest significant income inequality, which may impact tenant quality and property values, but the employed population of 21,587 and top industries in Public Administration and Finance & Insurance could provide a steady stream of renters, particularly with the average commute time of 21.3 minutes and health insurance coverage of 85.5%.
How do the commute times and transportation methods affect the quality of life for residents and, consequently, the attractiveness of Pontiac, MI to investors?
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The average commute time of 21.3 minutes, with top commute methods being driving alone, carpooling, and working from home, indicates a relatively convenient and flexible transportation situation, which, combined with the 85.5% health insurance coverage, suggests a decent quality of life, making the city more appealing to investors, especially considering the median property taxes of $1,150 and median property value of $61,000.
What role do education and healthcare play in assessing the stability and potential of the real estate market in Pontiac, MI?
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The high school graduation rate of 82.2% and Bachelor's degree or higher rate of 12.1%, along with the 85.5% health insurance coverage, suggest a relatively stable and educated population, which can contribute to a more reliable rental market, and when considering the top industries and median household income, investors may find opportunities in Pontiac, MI, particularly with the median property value and taxes being $61,000 and $1,150, respectively.
Pontiac MI Real Estate & City Facts
Key facts and real estate information about Pontiac MI.
What are some of the best neighborhoods to live in Pontiac?
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Some of the best neighborhoods to live in Pontiac include Seminole Hills, Downtown Pontiac, Indian Village, LeBaron Farms, and Washington Park. These neighborhoods offer a mix of historic charm, urban living, and comfortable communities. However, it's worth noting that the west parts of the city tend to be more desirable, while the southeast regions have more affordable homes.
What are some fun things to do in Pontiac?
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Pontiac has a variety of attractions and activities to enjoy, including the Pontiac Transportation Museum, Mythos Museum of Oddities and Curiosities, epiphany studios, and the Paint Creek Trail. You can also explore the downtown area, which features 59 retail shops, 13 bars, and countless restaurants and cafes. Additionally, there are several parks and nature preserves in the area, such as Dinosaur Hill Nature Preserve and Woodpecker Lake.
What is the food scene like in Pontiac?
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The food scene in Pontiac is diverse and vibrant, with a range of restaurants serving everything from American comfort food to Mexican and Asian cuisine. Some popular spots include Dogwoods Kitchen and Bar, Carnival Market, The Bronx Deli, and Guido's Premium Pizza Pontiac. There are also plenty of great food trucks and cafes in the area, offering a variety of options for dining out or grabbing a quick bite.
What are the pros and cons of living in Pontiac?
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The pros of living in Pontiac include its affordable housing, vibrant downtown area, and diverse community. However, the city also faces challenges such as poverty and crime. Additionally, some areas of the city may have limited access to certain amenities or services. Overall, Pontiac is a complex and multifaceted city that offers a unique blend of advantages and disadvantages.
Is Pontiac a good place to live?
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Whether or not Pontiac is a good place to live depends on your individual priorities and preferences. If you're looking for an affordable and diverse community with a rich history and culture, Pontiac may be a great fit. However, if you're concerned about safety or access to certain amenities, you may want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the city in person to get a sense of whether it's the right place for you.
⭐ 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 Pontiac MI Commercial Property: $27,528
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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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