CRE Admin

Ellettsville, IN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ellettsville, Indiana Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

Advertisement
Cap Rate: Low NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Illinois.
1 properties found
REI Capital advisor
Investor Pitch Deck

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

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Avg Property Tax Rate For Ellettsville IN Properties: 0.9000%

πŸ“Š Average Income For Ellettsville IN Commercial Property: $47,674

Investor Questions For Ellettsville IN

Common questions from investors exploring commercial real estate in Ellettsville IN.

What's the overall investment potential of Ellettsville, IN, considering its demographics and economy? +
Ellettsville's median household income of $47,674, combined with a relatively low poverty rate of 9.3% and high health insurance coverage of 92.8%, suggests a stable market with a strong foundation for real estate investment. The top industries, including Finance & Insurance and Manufacturing, also indicate a diverse economy, which can lead to a more resilient rental market. Additionally, the median age of 33.3 and average commute time of 20.6 minutes suggest a relatively young and mobile population.
How does the ethnic diversity and industry mix in Ellettsville impact the demand for housing? +
The ethnic diversity in Ellettsville, with a mix of White, White Non-Hispanic, and Two Or More ethnicities, can contribute to a vibrant and inclusive community, which can attract a wide range of residents and increase demand for housing. The top industries, including Finance & Insurance and Public Administration, also suggest a stable and growing job market, which can lead to increased demand for housing, particularly in the rental sector. Furthermore, the GINI coefficient of 0.376 indicates a relatively low level of income inequality, which can contribute to a more stable and equitable housing market.
What are the key factors that affect the quality of life in Ellettsville, and how do they impact real estate investment? +
The average commute time of 20.6 minutes and top commute methods, including Drove Alone and Carpooled, suggest a relatively convenient and accessible location, which can enhance the quality of life for residents and increase demand for housing. Additionally, the high health insurance coverage rate of 92.8% and relatively low poverty rate of 9.3% indicate a strong social safety net and a relatively high level of economic stability, which can contribute to a more stable and attractive housing market. The median property value of $119,400 and median property taxes of $1,727 also suggest a relatively affordable housing market.
How does the homeownership rate and median property value in Ellettsville impact the rental market? +
The high homeownership rate of 77.4% in Ellettsville suggests a strong preference for owning over renting, which can lead to a relatively competitive rental market. However, the median property value of $119,400 and median property taxes of $1,727 also indicate a relatively affordable housing market, which can attract renters and increase demand for rental properties. The employed population of 3,074 and top industries, including Finance & Insurance and Manufacturing, also suggest a stable and growing job market, which can lead to increased demand for housing, particularly in the rental sector.
What are the implications of Ellettsville's demographic and economic characteristics for real estate investors? +
Ellettsville's demographic and economic characteristics, including its relatively young population, diverse economy, and high health insurance coverage rate, suggest a stable and attractive market for real estate investment. The relatively low poverty rate and high median household income also indicate a strong foundation for real estate investment, particularly in the rental sector. Furthermore, the top commute methods and average commute time suggest a relatively convenient and accessible location, which can enhance the quality of life for residents and increase demand for housing, making Ellettsville an attractive location for real estate investors.

Ellettsville IN Real Estate & City Facts

Key facts and real estate information about Ellettsville IN.

What are some of the best neighborhoods to live in Ellettsville? +
Some of the best neighborhoods to live in Ellettsville include Downtown Bloomington, Eastside, Hoosier Acres, Sycamore Knolls, Park Ridge, Blue Ridge, Elm Heights, Gentry Estates, Barclay Gardens, and Park Ridge East. These neighborhoods offer a range of housing options, from smaller homes to larger ones, and are located near various amenities and attractions.
What are some fun things to do in Ellettsville? +
There are plenty of fun things to do in Ellettsville, including visiting Murphy's Landing Adventure Park, attending concerts and events at Marci Jane Lewis Park, and exploring the town's many shops and restaurants. You can also check out the Ellettsville Farmers' Market, which takes place every Saturday from May to July.
What is the food scene like in Ellettsville? +
The food scene in Ellettsville is diverse and exciting, with a range of restaurants serving everything from classic American cuisine to international dishes. Some popular restaurants in the area include Hoosier Bar & Grill, The Hawaiian Hoosier, Shalooby's, and Taqueria Acapulco. There are also plenty of great food trucks and delivery options available, including Hunt Brothers Pizza and Noodles & Company.
What are the pros and cons of living in Ellettsville? +
The pros of living in Ellettsville include its small-town charm, friendly community, and easy access to amenities and attractions. However, some cons include the town's limited job opportunities and higher cost of living compared to other areas in the state. Additionally, some residents may find the town's slow pace of life and limited nightlife to be a drawback.
Is Ellettsville a good place to live? +
Overall, Ellettsville is a great place to live for those who value a small-town atmosphere and easy access to amenities and attractions. While it may not be the best fit for everyone, particularly those looking for a more fast-paced lifestyle or greater job opportunities, it is a wonderful community with a lot to offer. With its rich history, natural beauty, and friendly residents, Ellettsville is definitely worth considering as a place to call home.
Advertisement