Bessemer City, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bessemer City, North Carolina Market population: 5K. 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 Bessemer City NC Properties: 1.3800%
⭐ 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 Bessemer City NC
Common questions from investors exploring commercial real estate in Bessemer City NC.
What's the overall investment potential of Bessemer City, NC?
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Bessemer City's median household income of $43,419, combined with a poverty rate of 14.5% and high health insurance coverage of 88.2%, suggests a relatively stable market with opportunities for growth, particularly in the manufacturing, retail trade, and healthcare industries, which are the top employers in the area.
How does the city's demographic diversity impact real estate demand?
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The city's diverse population, with 63.8% White, 23.1% Black or African American, and 2.3% Asian, along with a foreign-born rate of 9.5%, indicates a potential for a strong, multicultural rental market, which can be attractive to investors looking for a stable and diverse tenant base, especially considering the average commute time of 25.6 minutes and high rate of health insurance coverage.
What are the key factors influencing the local housing market?
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The median property value of $123,400, median property taxes of $1,447, and a homeownership rate of 64.5% suggest a relatively affordable housing market, while the poverty rate of 14.5% and income inequality, as indicated by a GINI coefficient of 0.443, highlight the need for affordable housing options, making it an interesting market for investors looking to balance profitability with social impact.
How does the commute and transportation infrastructure affect the quality of life for residents and, by extension, real estate investment?
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The average commute time of 25.6 minutes, with 85.2% of residents driving alone and 8.2% carpooling, indicates a relatively manageable commute, which, combined with a high health insurance rate of 88.2%, suggests a good quality of life for residents, making the area more attractive for both renters and buyers, and thus, a viable option for real estate investors.
What role do top industries play in the stability and growth potential of the real estate market in Bessemer City, NC?
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The dominance of manufacturing, retail trade, and healthcare & social assistance as top industries, employing a significant portion of the 2,441 employed population, suggests a stable economic base, which can support a growing and diverse real estate market, especially when considering the median age of 37.4 and the relatively high percentage of the population with health insurance, pointing towards a market with potential for long-term stability and growth.
Bessemer City NC Real Estate & City Facts
Key facts and real estate information about Bessemer City NC.
What are some of the best neighborhoods to live in Bessemer City?
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Some of the best neighborhoods to live in Bessemer City include Tryon, Bessemer City North, and Bessemer City Northeast. These neighborhoods offer a peaceful and family-friendly environment, with beautiful trees and abundant wildlife. However, it's worth noting that the area is becoming increasingly expensive, and some residents have expressed concerns about the growing population and cost of living.
What are some fun things to do in Bessemer City?
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There are plenty of fun things to do in Bessemer City, including visiting the Ormand Furnace, exploring the Kings Mountain Nat'l Military Park, and checking out the Historic Osage Mill. You can also head to downtown Bessemer City to browse the quaint shops and cafes, or visit the nearby Lake Club for some outdoor recreation. If you're looking for more ideas, you can check out the Go Gaston NC website for a list of local attractions and events.
What is the food scene like in Bessemer City?
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The food scene in Bessemer City is deliciously varied, with a range of local restaurants and cafes serving up everything from barbecue to Mediterranean cuisine. Some popular spots include Grandma Hoyt's Country Buffet, Whiskey Mill Bar and Grill, and McDonald's Family Restaurant. You can also check out the local craft brew, spirits, and wine scene, or head to downtown Gastonia for a wider range of dining options. There are also plenty of great food trucks and festivals throughout the year, so be sure to check those out as well.
What are the pros and cons of living in Bessemer City?
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The pros of living in Bessemer City include its peaceful and family-friendly environment, beautiful natural surroundings, and growing sense of community. However, some cons include the increasing cost of living, growing population, and limited job opportunities. Additionally, some residents have expressed concerns about the lack of diversity and limited cultural events in the area. Overall, Bessemer City is a great option for those looking for a quiet and affordable place to live, but it may not be the best fit for everyone.
Is Bessemer City a good place to live?
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Whether or not Bessemer City is a good place to live depends on your individual preferences and priorities. If you're looking for a peaceful and affordable place to live with a strong sense of community, Bessemer City may be a great option. However, if you're looking for a more diverse and vibrant city with a wide range of cultural events and job opportunities, you may want to consider other options. Ultimately, it's worth weighing the pros and cons and doing your own research to determine whether Bessemer City is the right fit for you.
⭐ 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 Bessemer City NC Commercial Property: $43,419
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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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