Crescent City, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Crescent City, Florida Market population: 7K. Compare commercial properties across all major asset classes...

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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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📊 Avg Property Tax Rate For Crescent City CA Properties: 36.0000%

📊 Average Income For Crescent City CA Commercial Property: $29,700

Investor Questions For Crescent City CA

Common questions from investors exploring commercial real estate in Crescent City CA.

What's the overall investment potential of Crescent City, CA, considering its demographics and economy? +

Crescent City's population of 7,470, with a median age of 34.6 and top industries in Public Administration, Educational Services, and Construction, suggests a stable workforce. The 26.0% poverty rate is a concern, but the 92.0% health insurance coverage and relatively low average commute time of 16.8 minutes indicate a level of employment stability and quality of life that could support rental demand.

How does the ethnic diversity and foreign-born rate impact the local real estate market in Crescent City? +

The city's ethnic diversity, with 41.3% White, 39.0% White Non-Hispanic, and 7.3% Hispanic populations, combined with a foreign-born rate of 4.8%, may contribute to a diverse rental market. This diversity, along with top industries like Educational Services and Health Care, could support a stable and growing demand for housing.

What are the implications of Crescent City's poverty rate and health insurance coverage for real estate investors? +

The 26.0% poverty rate in Crescent City is notable, but when considered alongside the 92.0% health insurance coverage, it suggests that many residents have access to employment benefits, potentially indicating a more stable tenant base. This combination, along with a median household income of $29,700, points to a working-class market with some level of employment security.

How do commute times and methods in Crescent City affect its attractiveness to investors? +

The average commute time of 16.8 minutes in Crescent City, with top commute methods being driving alone, carpooling, and walking, indicates a relatively convenient and accessible location. This, coupled with the city's top industries and a significant employment population of 1,504, suggests that the area could attract and retain residents, making it more appealing for real estate investment.

What insights can be gleaned from Crescent City's homeownership rate and median property value for investment purposes? +

Crescent City's homeownership rate of 33.6% and median property value of $149,400 provide insights into the local housing market. The relatively low homeownership rate might indicate a rental market opportunity, especially when considering the median property value and the potential for property appreciation over time, driven by the city's diverse economy and stable workforce.

Crescent City CA Real Estate & City Facts

Key facts and real estate information about Crescent City CA.

What are some of the best neighborhoods to live in Crescent City? +

Some of the best neighborhoods to live in Crescent City include the southwest parts of the city, which tend to be more desired, while more affordable homes can be found in the northwest regions. Neighborhoods like Pebble Beach Drive offer stunning shoreline views and a scenic jaunt through town.

What are some fun things to do in Crescent City? +

There are plenty of fun things to do in Crescent City, including visiting the Jedediah Smith Redwoods State Park, Battery Point Lighthouse, and taking a scenic drive along Pebble Beach Drive. You can also explore the variety of things to see and do in the Del Norte County town of Crescent City, such as hiking and visiting the Smith River, the longest undammed river in California.

What is the food scene like in Crescent City? +

The food scene in Crescent City is vibrant, with a variety of restaurants to choose from, including Seaquake Brewing, Chart Room Restaurant, and Good Harvest Cafe. There are also plenty of great food trucks and cafes, such as Elise's Eatery and SeaFront Baking Company, that offer fresh and delicious food.

What are the pros and cons of living in Crescent City? +

The pros of living in Crescent City include its stunning natural beauty, with plenty of opportunities for outdoor activities like hiking and fishing. However, the cons include a higher cost of living and limited job opportunities. Additionally, the town can be quite small, which may not be suitable for everyone.

Is Crescent City a good place to live? +

Crescent City can be a great place to live for those who value its natural beauty and outdoor recreational opportunities. While it may have its drawbacks, such as a higher cost of living and limited job opportunities, the town's unique charm and sense of community make it an attractive option for those looking to escape the hustle and bustle of city life. Ultimately, whether or not Crescent City is a good place to live depends on your individual priorities and preferences.

Crescent City, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Crescent City CA Properties: 36.0000%

📊 Average Income For Crescent City CA Commercial Property: $29,700

Investor Questions For Crescent City CA

Crescent City CA Real Estate & City Facts

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