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Asheboro, NC Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Asheboro, North Carolina Market population: 25K. 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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Asheboro NC Properties: 74.0000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Asheboro NC

Common questions from investors exploring commercial real estate in Asheboro NC.

What's the overall investment outlook for Asheboro, NC, considering its demographics and economy? +
Asheboro's median household income of $31,846 and poverty rate of 22.4% suggest a working-class market, but the 81.7% health insurance coverage and relatively low average commute time of 20.4 minutes indicate a level of employment stability and quality of life that could support rental demand, particularly in industries like Information and Finance & Insurance.
How does the city's ethnic diversity and industry mix impact real estate investment potential? +
The diversity of Asheboro, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with its top industries in Information, Finance & Insurance, and Public Administration, suggests a market with a broad base of potential tenants and buyers, which could help mitigate risks and support long-term property appreciation.
What are the implications of the city's homeownership rate and property values for real estate investors? +
Asheboro's homeownership rate of 49.4% and median property value of $115,900 indicate a relatively affordable market, which could be attractive for investors looking for rental properties or fix-and-flip opportunities, especially considering the median property taxes are $5,115, suggesting a manageable cost structure for property owners.
How do commute times and health insurance coverage affect the stability of the rental market in Asheboro? +
The average commute time of 20.4 minutes and health insurance coverage rate of 81.7% in Asheboro suggest a stable workforce with access to employment opportunities and healthcare, which are key factors for maintaining a reliable rental income stream and minimizing vacancy risks for investors.
What role does income inequality play in assessing the real estate investment potential of Asheboro, NC? +
Asheboro's GINI coefficient of 0.443, indicating a moderate level of income inequality, combined with its poverty rate of 22.4% and median household income of $31,846, suggests that investors should be cautious and target properties that cater to the working-class demographic, potentially focusing on affordable housing solutions that meet the needs of this significant portion of the population.

Asheboro NC Real Estate & City Facts

Key facts and real estate information about Asheboro NC.

What are some of the best neighborhoods to live in Asheboro? +
Some of the best neighborhoods to live in Asheboro include the northwest parts of the city, which tend to be more desired and have higher median house prices. However, more affordable homes can be found in the south regions. Downtown Asheboro is also a great option, with its quaint and quiet atmosphere, concerts during the summer, and good places for meals.
What are some fun things to do in Asheboro? +
Asheboro has a variety of things to do, including visiting the North Carolina Zoo, the NC Aviation Museum, and the Collector's Antique Mall. You can also explore the Main to Main Trail, visit the historic F.W. Woolworth Building, and check out the International Civil Rights Center & Museum. Additionally, downtown Asheboro has a lot of shops and restaurants to explore.
What is the food scene like in Asheboro? +
The food scene in Asheboro is hopping, with a variety of restaurants to choose from. Some popular options include The Table, Magnolia 23, CJ's Olde Towne Restaurant, and Hamilton's Steakhouse. There are also plenty of great food trucks and bakeries, such as The Black Lantern Tea Room & Bakery. Downtown Asheboro has a lot of good eats, and you can expect to wait for a table on weekend nights.
What are the pros and cons of living in Asheboro? +
Asheboro has a lot to offer, including a quaint and quiet downtown area, a variety of things to do, and a growing food scene. However, the city also has its challenges, such as a higher poverty rate and a lower median household income compared to other parts of the state. Additionally, some areas of the city may have higher crime rates. Overall, Asheboro is a great option for those looking for a small-town feel with a lot of character.
Is Asheboro a good place to live? +
Asheboro can be a great place to live, depending on your individual preferences and priorities. The city has a lot to offer, including a strong sense of community, a variety of things to do, and a growing food scene. However, it's also important to consider the challenges the city faces, such as poverty and crime. Overall, Asheboro is a great option for those looking for a small-town feel with a lot of character, but it's not for everyone.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Asheboro NC Commercial Property: $31,846

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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