Carroll, IA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Carroll, Iowa Market population: 10K. Explore income-producing properties with verified cap rates and operating...
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11 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 Carroll IA 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 Carroll IA
Common questions from investors exploring commercial real estate in Carroll IA.
What's the overall investment outlook for Carroll, IA, considering its demographics and economy?
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Carroll, IA's population of 10,063, with a median age of 40.7 and median household income of $43,483, suggests a stable market. The relatively low poverty rate of 9.9% and high health insurance coverage of 97.3% indicate a working-class market with employment stability, which is further supported by its top industries in agriculture, professional services, and public administration.
How does the ethnic diversity and industry mix in Carroll, IA impact real estate demand?
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The city's ethnic diversity, led by White and White Non-Hispanic populations, combined with its industry mix in agriculture, professional services, and public administration, suggests a steady demand for housing. This diversity and industry mix, along with a low poverty rate of 9.9% and high employment rate, contribute to a stable rental market.
What are the implications of Carroll, IA's commute times and health insurance coverage for real estate investors?
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The average commute time of 11.2 minutes and high health insurance coverage of 97.3% in Carroll, IA indicate a high quality of life, which can attract and retain residents, thereby supporting rental demand and property values. This, coupled with a median property value of $123,000 and median property taxes of $3,057, makes for an attractive investment proposition.
How does the income inequality and homeownership rate in Carroll, IA affect the rental market?
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Carroll, IA's GINI coefficient of 0.413 and homeownership rate of 69.8% suggest a market with a notable level of economic equality and a significant portion of the population invested in their homes. This can lead to a stable community, which, when combined with the city's favorable demographics such as a median household income of $43,483 and low poverty rate, supports a healthy rental market with potential for long-term appreciation.
What role do the top industries in Carroll, IA play in determining the viability of real estate investments?
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The top industries in Carroll, IA, including agriculture, professional services, and public administration, contribute to a diverse economic base, which can reduce the risk associated with real estate investments. This diversity, along with the city's favorable demographics such as a median household income of $43,483 and low poverty rate, suggests a market with robust demand for housing, making it an attractive location for real estate investors.
Carroll IA Real Estate & City Facts
Key facts and real estate information about Carroll IA.
What are some of the best neighborhoods to live in Carroll?
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Some of the best neighborhoods to live in Carroll, IA, are Park Forest, which is a peaceful and friendly neighborhood with quiet streets and close proximity to local amenities. Other neighborhoods like Lake City and Manning are also worth considering. However, it's always a good idea to visit and get a feel for the area before making a decision.
What are some fun things to do in Carroll?
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There are plenty of fun things to do in Carroll, IA. You can visit Swan Lake State Park, go hiking on the Sauk River Trail, or catch a Carroll Merchants baseball game at the historic Merchants Park. The city also has a variety of restaurants and shops to explore, such as The Angry Beaver Bar and Kelly Coin Machine. Additionally, the nearby town of Arcadia has some great steakhouses, like The Shop Bar & Grill.
What is the food scene like in Carroll?
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The food scene in Carroll, IA, is diverse and offers a range of options. You can find great burgers at Brothers on Main, which requires about six napkins, and delicious Italian food at Napoli's Italian Restaurant. There are also plenty of great food trucks and local eateries, like Carroll National Restaurant, which serves up tasty dishes in a beautiful clubhouse setting. For Chinese food, options like House of the Dragon, Hunan Chinese Restaurant, and Peony Chinese Restaurant are highly recommended.
What are the pros and cons of living in Carroll?
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The pros of living in Carroll, IA, include its affordable cost of living, which is nearly 18% below the national average, and its peaceful atmosphere. However, some cons include the limited activities and job opportunities available in the area. The city is relatively small, with a population of around 10,000, which can be a pro for those who prefer a tight-knit community but a con for those who crave more excitement and diversity.
Is Carroll a good place to live?
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Whether Carroll, IA, is a good place to live depends on your individual preferences and priorities. If you value a peaceful, small-town atmosphere and are looking for an affordable place to raise a family, Carroll might be an excellent choice. However, if you're looking for a more vibrant city life with plenty of job opportunities and entertainment options, you might want to consider other locations. Ultimately, it's essential to weigh the pros and cons and visit the area to get a feel for whether Carroll 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 Carroll IA Commercial Property: $43,483
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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 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
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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
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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