West St. Paul, MN High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in West St. Paul, Minnesota Market population: 20K. Compare commercial properties across all major asset...
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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 West St. Paul MN Properties: 1.2200%
⭐ 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 West St. Paul MN
Common questions from investors exploring commercial real estate in West St. Paul MN.
What is the overall investment potential of West St. Paul, MN?
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The combination of a relatively low poverty rate of 11.2%, high health insurance coverage of 92.1%, and a strong median household income of $45,067 suggests a stable investment market with a working-class demographic, while the top industries in Wholesale Trade, Finance & Insurance, and Public Administration indicate a diverse economy.
How does the commute time and transportation infrastructure impact the rental market?
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The average commute time of 23.4 minutes, combined with the top commute methods of driving alone, working from home, and carpooling, indicates a solid infrastructure for renters, and when considering the median property value of $181,600 and homeownership rate of 58.0%, it suggests a balanced market with opportunities for both renters and homeowners.
What role does ethnic diversity play in the demand for housing in West St. Paul, MN?
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The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a median age of 40.2 and employed population of 9,168, suggests a culturally rich and economically active community, which can drive demand for housing and support a stable rental market, especially in areas with high employment rates and access to public administration and finance industries.
How does the poverty rate and income inequality impact the quality of tenants in West St. Paul, MN?
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The poverty rate of 11.2% and a GINI coefficient of 0.453, indicating moderate income inequality, when combined with the high health insurance coverage rate of 92.1%, suggest a working-class market with employment stability, which can lead to a higher quality of tenants who are more likely to have stable income and be able to afford rent, making it an attractive market for investors.
What are the key factors to consider when evaluating the potential return on investment in West St. Paul, MN?
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When evaluating the potential return on investment, consider the median property value of $181,600, median property taxes of $4,991, and the homeownership rate of 58.0%, as well as the demographic factors such as median household income of $45,067, poverty rate of 11.2%, and health insurance coverage of 92.1%, to determine the potential for appreciation and rental yields in this market, and how they align with your investment goals.
West St. Paul MN Real Estate & City Facts
Key facts and real estate information about West St. Paul MN.
What are some of the best neighborhoods to live in West St. Paul?
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Some of the best neighborhoods to live in West St. Paul include Hamline-Midway, Highland Park, Macalester-Groveland, St. Anthony Park, and West-Seventh. These neighborhoods offer a range of amenities, including affordable housing, vibrant college atmospheres, and plenty of outdoor activities.
What are some fun things to do in West St. Paul?
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There are plenty of fun things to do in West St. Paul, including visiting the Dodge Nature Center, Thompson Park, and St. Clair Park. You can also explore the Science Museum of Minnesota, Ordway Center for the Performing Arts, and the Mall of America. If you're looking for outdoor activities, you can check out the Minneapolis Convention Center, University of Minnesota, Twin Cities, and Mystic Lake.
What is the food scene like in West St. Paul?
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The food scene in West St. Paul is diverse and exciting, with a range of restaurants serving everything from Kurdish cuisine at Babani's to Mexican food at Boca Chica. You can also find great gyros at Ali Baba King of Gyros and delicious Thai food at Mela Thai. Additionally, there are plenty of great food trucks and cafes, such as Backstory Coffee Roasters and Capital View Cafe.
What are the pros and cons of living in West St. Paul?
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The pros of living in West St. Paul include its affordable housing, vibrant neighborhoods, and plenty of outdoor activities. However, some cons include the city's limited job opportunities and higher crime rates compared to other parts of the Twin Cities. Overall, West St. Paul is a great place to live for those who value community and affordability.
Is West St. Paul a good place to live?
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Yes, West St. Paul is a good place to live, offering a unique blend of affordability, community, and outdoor activities. While it may have its drawbacks, the city's vibrant neighborhoods, diverse food scene, and plenty of things to do make it an attractive option for those looking to live in the Twin Cities 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 West St. Paul MN Commercial Property: $45,067
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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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