Porterville, MS High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Porterville, Mississippi Market population: 59K. 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 Porterville CA Properties: 1.0600%
⭐ 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 Porterville CA
Common questions from investors exploring commercial real estate in Porterville CA.
What is the overall investment potential of Porterville, CA, considering its demographic and economic factors?
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The city's median household income of $43,551, combined with a poverty rate of 22.9% and a health insurance coverage rate of 86.2%, suggests a working-class market with some employment stability. The top industries, including Healthcare & Social Assistance, Retail Trade, and Manufacturing, indicate a diverse economy, while the 24.4-minute average commute time and high rate of carpooling suggest a relatively stable and accessible workforce.
How does the ethnic diversity and foreign-born population impact the local real estate market in Porterville, CA?
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The city's ethnic diversity, with 71.4% Hispanic, 21.4% White, and 4.2% Asian populations, contributes to a unique cultural landscape, while the 23.1% foreign-born rate may influence housing preferences and rental demand. The median property value of $173,400 and median property taxes of $1,742 suggest a relatively affordable housing market, which could attract a diverse range of buyers and renters.
What are the key factors to consider when evaluating the quality of life for tenants in Porterville, CA, and how might these impact investment decisions?
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The average commute time of 24.4 minutes, top commute methods of driving alone and carpooling, and health insurance coverage rate of 86.2% all contribute to a relatively stable and secure quality of life for tenants. Additionally, the city's poverty rate of 22.9% and median household income of $43,551 suggest that tenants may be budget-conscious, making affordable housing options an attractive investment opportunity.
How do the local economy and industry trends in Porterville, CA impact the demand for housing and real estate investment opportunities?
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The top industries of Healthcare & Social Assistance, Retail Trade, and Manufacturing drive employment and economic growth in the city, which in turn influences housing demand. The median property value of $173,400 and homeownership rate of 55.6% suggest a relatively stable housing market, while the 44.4% renter population and median gross rent of $1,044 indicate opportunities for rental income investments.
What role do income inequality and education levels play in shaping the real estate market and investment potential in Porterville, CA?
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The GINI coefficient of 0.434 indicates a moderate level of income inequality, which may impact housing affordability and access to credit. The high school graduation rate of 74.2% and bachelor's degree or higher rate of 12.1% suggest a relatively educated population, which could contribute to a stable and growing economy, and in turn, a more attractive real estate market for investors.
Porterville CA Real Estate & City Facts
Key facts and real estate information about Porterville CA.
What is the median household income in Porterville, CA?
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The median household income in Porterville, CA is $43,551.
What is the poverty rate in Porterville, CA?
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The poverty rate in Porterville, CA is 22.9%.
What are the top industries in Porterville, CA?
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The top industries in Porterville, CA are Healthcare & Social Assistance, Retail Trade, and Manufacturing.
What is the median property value in Porterville, CA?
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The median property value in Porterville, CA is $173,400.
What is the homeownership rate in Porterville, CA?
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The homeownership rate in Porterville, CA is 55.6%.
⭐ 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 Porterville CA Commercial Property: $43,551
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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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