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Smithfield, NE High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Smithfield, Nebraska Market population: 10K. Explore income-producing properties with verified cap rates and operating...

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📊 Avg Property Tax Rate For Smithfield UT Properties: 0.4436%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Average Income For Smithfield UT Commercial Property: $56,106

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Smithfield UT

Common questions from investors exploring commercial real estate in Smithfield UT.

What's the overall investment potential of Smithfield, UT? +
With a median household income of $56,106 and a relatively low poverty rate of 6.2%, Smithfield presents a stable investment market, further supported by its high health insurance coverage rate of 94.5% and short average commute time of 18 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand? +
The top industries in Smithfield, including Manufacturing and Information, drive employment and contribute to the town's economic stability, while the diverse population with top ethnicities being White, White Non-Hispanic, and Hispanic, suggests a broad market demand, especially considering the town's low poverty rate and high employment rate of 4,360.
What are the key factors influencing rental yields in Smithfield? +
The combination of a high homeownership rate of 83.9%, low poverty rate of 6.2%, and excellent health insurance coverage of 94.5% suggests a stable and reliable tenant base, which, paired with the relatively short average commute time of 18 minutes and prevalent use of drove alone, worked at home, and carpooling, indicates solid potential for rental yields.
How does the demographic makeup of Smithfield affect its real estate market? +
The median age of 29.2 and foreign-born rate of 2.3% in Smithfield, alongside its top ethnicities, point to a relatively young and somewhat homogeneous population, which, considering the town's high median property value of $188,600 and low poverty rate, may indicate a market with growing demand for housing that caters to young families and professionals, especially those in the manufacturing and information sectors.
What role do quality of life metrics play in assessing Smithfield's investment stability? +
The average commute time of 18 minutes, high health insurance rate of 94.5%, and low poverty rate of 6.2% in Smithfield collectively suggest a high quality of life, which is crucial for attracting and retaining residents, thereby contributing to the stability and potential growth of the local real estate market, making it an attractive option for investors looking for a reliable return on investment.

Smithfield UT Real Estate & City Facts

Key facts and real estate information about Smithfield UT.

What are some of the best neighborhoods to live in Smithfield? +
Some of the best neighborhoods to live in Smithfield include those near the Smithfield Utah Temple, and areas with easy access to outdoor recreation and community parks. Neighborhoods like those near Lincoln Avenue are also popular for their nice homes and family-friendly atmosphere.
What are some fun things to do in Smithfield? +
There are plenty of fun things to do in Smithfield, including visiting the Smithfield Utah Temple, exploring the scenic mountain access, and enjoying the community parks. You can also check out the Maverik Stadium and Dee Events Center for some exciting events and activities.
What is the food scene like in Smithfield? +
The food scene in Smithfield is growing, with a variety of restaurants to choose from, including Taqueria La Unica, El Castillo Restaurant, and Old Grist Mill. There are also plenty of great food trucks and unique eateries in the area, such as Crumb Brothers, which offers fresh ingredients and a beautiful dining environment.
What are the pros and cons of living in Smithfield? +
The pros of living in Smithfield include its peaceful small-town atmosphere, easy access to outdoor recreation, and growing neighborhoods. However, some cons include the potential for a strong smell from the nearby wind direction, and limited job opportunities compared to larger cities. Overall, Smithfield is a great place to live for those who value a quiet lifestyle and outdoor activities.
Is Smithfield a good place to live? +
Yes, Smithfield is a good place to live, especially for families and outdoor enthusiasts. The city offers a unique blend of natural beauty, recreation, and convenience to nearby cities. While it may have some drawbacks, the pros of living in Smithfield make it a desirable place to call home.
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