Belle Plaine, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Belle Plaine, Minnesota Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Belle Plaine MN Properties: 1.4100%
⭐ 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 Belle Plaine MN
Common questions from investors exploring commercial real estate in Belle Plaine MN.
What is the overall investment potential of Belle Plaine, MN?
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Belle Plaine, MN offers a stable investment market with a median household income of $67,809, a relatively low poverty rate of 4.6%, and a high health insurance coverage rate of 95.6%, indicating a strong and secure tenant base. The top industries, including Professional, Scientific, & Management, & Administrative & Waste Management Services, Construction, and Manufacturing, also contribute to the area's economic stability. With a median property value of $171,200 and a homeownership rate of 86.1%, the city presents a promising opportunity for real estate investors.
How does the demographic makeup of Belle Plaine, MN impact investment decisions?
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The demographic makeup of Belle Plaine, MN, with a median age of 31.6 and a predominantly White population, suggests a relatively stable and family-oriented community. The low foreign born rate of 1.4% and top ethnicities, including White and White Non-Hispanic, indicate a homogeneous population, which can contribute to a stable rental market. Additionally, the average commute time of 29.4 minutes and top commute methods, such as driving alone or carpooling, suggest a convenient and accessible location for residents.
What are the key factors to consider when evaluating the rental market in Belle Plaine, MN?
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When evaluating the rental market in Belle Plaine, MN, investors should consider the poverty rate of 4.6%, which is relatively low, and the health insurance coverage rate of 95.6%, indicating a stable and secure tenant base. The median household income of $67,809 and the top industries, including Professional, Scientific, & Management, & Administrative & Waste Management Services, also suggest a strong demand for rental properties. Furthermore, the median property value of $171,200 and median property taxes of $2,091 should be taken into account when calculating potential rental yields.
How does the economic stability of Belle Plaine, MN impact real estate investment?
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The economic stability of Belle Plaine, MN, with a low poverty rate of 4.6% and a high health insurance coverage rate of 95.6%, contributes to a stable and secure real estate market. The top industries, including Professional, Scientific, & Management, & Administrative & Waste Management Services, Construction, and Manufacturing, also drive economic growth and demand for housing. Additionally, the GINI coefficient of 0.32, which measures income inequality, suggests a relatively equal distribution of income, further supporting the area's economic stability and attractiveness to investors.
What are the quality of life factors to consider when investing in Belle Plaine, MN?
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When investing in Belle Plaine, MN, quality of life factors, such as the average commute time of 29.4 minutes and the top commute methods, including driving alone or carpooling, should be taken into account. The health insurance coverage rate of 95.6% and the low poverty rate of 4.6% also contribute to a high quality of life, making the area attractive to residents and investors alike. Furthermore, the median age of 31.6 and the predominantly White population suggest a family-oriented community, which can impact the type of properties and amenities in demand.
Belle Plaine MN Real Estate & City Facts
Key facts and real estate information about Belle Plaine MN.
What are some of the best neighborhoods to live in Belle Plaine?
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Some of the best neighborhoods to live in Belle Plaine include the area around Belle Plaine Veterans Memorial Park and the historic Hooper Bowler Hillstrom House. These neighborhoods offer a mix of residential areas and local businesses, and are known for their small-town charm. Additionally, the area around Townsend Park and Union Square Park are also popular neighborhoods to live in.
What are some fun things to do in Belle Plaine?
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There are plenty of fun things to do in Belle Plaine, including visiting the Belle Plaine Veterans Memorial Park, exploring the natural areas around Townsend Park, and taking part in recreational activities at Union Square Park. You can also check out the local celebrations and events, such as the Belle Plaine Festival, and visit the historic Hooper Bowler Hillstrom House. If you're looking for something more adventurous, you can try the Kerfoot Canopy Tour or play a round of paintball at Action Packed Paintball Games.
What is the food scene like in Belle Plaine?
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The food scene in Belle Plaine is a mix of local restaurants and bars, including Johan's Sports Bar and Grill, Mizzy's Pizza, and Belli's Bistro & Spirits. There are also plenty of great food trucks and cafes in the area, offering a range of cuisines from classic American comfort food to more exotic options. If you're looking for a great place to grab a bite to eat, you can't go wrong with one of these local favorites.
What are the pros and cons of living in Belle Plaine?
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One of the pros of living in Belle Plaine is the small-town charm and sense of community, with plenty of local events and celebrations to get involved in. The town also has a strong sense of history and natural beauty, with plenty of parks and outdoor spaces to explore. However, one of the cons is that the town can be a bit quiet and sleepy, with limited nightlife options and a relatively small selection of restaurants and shops. Additionally, the town is located about 30 minutes outside of the Twin Cities, so commuting to work or school can be a bit of a challenge.
Is Belle Plaine a good place to live?
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Overall, Belle Plaine is a great place to live if you're looking for a small-town community with a strong sense of history and natural beauty. The town has a lot to offer, from its beautiful parks and outdoor spaces to its local events and celebrations. While it may not be the best fit for everyone, particularly those who are looking for a more urban lifestyle, it is a great option for families, retirees, and anyone who wants to escape the hustle and bustle of city life. With its mix of residential areas, local businesses, and community events, Belle Plaine is a great place to call home.
⭐ 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 Belle Plaine MN Commercial Property: $67,809
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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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