Round Lake, MN High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Round Lake, Minnesota Market population: 18K. Compare commercial properties across all major asset classes...
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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 Round Lake IL Properties: 3.2300%
⭐ 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 Round Lake IL
Common questions from investors exploring commercial real estate in Round Lake IL.
What's the overall investment potential of Round Lake, IL?
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With a median household income of $79,574 and a relatively low poverty rate of 7.5%, Round Lake presents a stable investment market, further supported by its high health insurance coverage of 91.3% and a strong employment base in industries like Wholesale Trade and Public Administration.
How does the local economy impact rental demand?
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The diverse economy with top industries in Wholesale Trade, Public Administration, and Finance & Insurance, combined with a low poverty rate and high employment rate of 9,161, suggests a robust rental market, especially considering the area's ethnic diversity with a mix of White, White Non-Hispanic, and Hispanic populations.
What are the key factors influencing property values in Round Lake?
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The median property value of $186,600, coupled with a median property tax of $4,607 and a high homeownership rate of 77.7%, indicates a stable housing market, which is further reinforced by the area's relatively low poverty rate of 7.5% and high health insurance coverage of 91.3%, suggesting a desirable place to live.
How does commute time affect the quality of life and investment potential?
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The average commute time of 36.9 minutes, although somewhat lengthy, is mitigated by the top commute methods including driving alone, working from home, and carpooling, which along with the low poverty rate and high health insurance coverage, suggests a decent quality of life for residents and thus a stable investment environment.
What role does ethnic diversity and income inequality play in investment decisions?
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The ethnic diversity of Round Lake, with significant White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community, while the GINI coefficient of 0.362 indicates a moderate level of income inequality; considering the median household income of $79,574 and low poverty rate of 7.5%, investors can expect a relatively stable and diverse tenant base.
Round Lake IL Real Estate & City Facts
Key facts and real estate information about Round Lake IL.
What are some of the best neighborhoods to live in Round Lake?
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I was unable to find information on the best neighborhoods to live in Round Lake, IL. However, it's always a good idea to research and visit different areas to get a feel for the community and find the one that best fits your needs.
What are some fun things to do in Round Lake?
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Round Lake, IL has several restaurants and parks that are worth visiting. Some popular restaurants in the area include Bill's Pizza & Pub North, Rail House Bar & Grill, and Lamoon Thai Restaurant. There are also several parks and outdoor spaces to explore, but I was unable to find more information on specific attractions.
What is the food scene like in Round Lake?
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The food scene in Round Lake, IL includes a variety of restaurants, such as Mexican, Italian, and Thai cuisine. Some popular restaurants in the area include Bobby's Barrel, Volo Quality Meats, and The Grand Social House & Tavern. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Round Lake?
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The pros of living in Round Lake, IL include its convenient location and variety of restaurants and outdoor spaces. However, I was unable to find more information on the pros and cons of living in the area. It's always a good idea to research and visit a place before making a decision about where to live.
Is Round Lake a good place to live?
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Whether or not Round Lake, IL is a good place to live depends on your individual needs and preferences. It's always a good idea to research and visit a place before making a decision about where to live. Round Lake has a variety of restaurants and outdoor spaces, but I was unable to find more information on the area.
⭐ 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 Round Lake IL Commercial Property: $79,574
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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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