Inkster, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Inkster, North Dakota Market population: 25K. Explore income-producing properties with verified cap rates and...
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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 Inkster MI Properties: 1.4900%
⭐ 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 Inkster MI
Common questions from investors exploring commercial real estate in Inkster MI.
What is the overall investment potential of Inkster, MI, considering its demographic and economic factors?
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Inkster, MI's investment potential is influenced by its diverse population, with 61.6% Black, 15.1% White, and a foreign-born rate of 2.3%, indicating a culturally rich community. The median household income of $26,512 and a poverty rate of 35.3% suggest a working-class market, while the 89.6% health insurance coverage and 24.5-minute average commute time indicate a relatively stable workforce.
How does the local economy impact the real estate market in Inkster, MI?
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The local economy in Inkster, MI, driven by top industries such as Public Administration, Information, and Finance & Insurance, contributes to a median property value of $55,400 and a homeownership rate of 46.7%. The employed population of 7,460 and a GINI coefficient of 0.449 suggest a moderate level of income inequality, which may impact rental yields and property appreciation.
What are the key factors to consider when evaluating the quality of life for tenants in Inkster, MI?
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When assessing the quality of life for tenants in Inkster, MI, consider the average commute time of 24.5 minutes, with top commute methods including driving alone, carpooling, and working from home, indicating relatively convenient transportation options. Additionally, the 89.6% health insurance coverage and a high school graduation rate of 82.2% suggest a stable and educated workforce.
How does the ethnic diversity and industry mix in Inkster, MI impact market demand for real estate?
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The ethnic diversity in Inkster, MI, with a dominant Black population and a significant White presence, contributes to a unique cultural landscape. The top industries, including Public Administration and Finance & Insurance, drive demand for housing, particularly for working-class individuals and families, while the diversity of the population may attract businesses and services catering to different ethnic groups.
What are the implications of the poverty rate and health insurance coverage on tenant quality and property management in Inkster, MI?
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The 35.3% poverty rate in Inkster, MI, combined with an 89.6% health insurance coverage, suggests a working-class market with employment stability. The relatively high poverty rate may require more robust property management strategies, while the high health insurance coverage indicates a workforce with access to healthcare, potentially reducing tenant turnover and improving overall property performance.
Inkster MI Real Estate & City Facts
Key facts and real estate information about Inkster MI.
What are some of the best neighborhoods to live in Inkster?
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Some of the best neighborhoods to live in Inkster, MI, are in the northwest parts of the city, while more affordable homes are in the north regions. According to reviews, Avondale St is one of the best neighborhoods to live in Inkster, with high friendliness and affordability scores. However, it's essential to note that Inkster has one of the highest crime rates in America, with a crime rate of 29 per one thousand residents.
What are some fun things to do in Inkster?
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Inkster offers a range of activities, including visiting the Inkster Valley Golf Club, exploring the Lower Rouge Parkway, and enjoying archery at Archery Mayhem. You can also visit the Booker T. Dozier Recreation Center, which offers various activities and events. Additionally, there are several nearby attractions, such as the Eloise Asylum and the Allen Park Street Fair.
What is the food scene like in Inkster?
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The food scene in Inkster, MI, features a variety of restaurants, including Jon's Goodtime Bar and Grille, Gracie See Pastaria, and Stardust Luxury Lounge. You can also find popular chain restaurants and local eateries, such as Papa's Pizza and Fishermans Net. For a unique dining experience, consider visiting Tiliani Italian Restaurant or The Himalayan Flames.
What are the pros and cons of living in Inkster?
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The pros of living in Inkster, MI, include its affordable housing options and proximity to nearby attractions. However, the city also has some significant cons, such as high crime rates and a high poverty rate of 35.2%. Additionally, the median household income is relatively low, at $39,252. Despite these challenges, Inkster has a strong sense of community, with various events and activities available at the Booker T. Dozier Recreation Center.
Is Inkster a good place to live?
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Whether Inkster is a good place to live depends on your individual priorities and preferences. While the city faces significant challenges, such as high crime rates and poverty, it also offers affordable housing and a strong sense of community. If you're looking for a affordable place to live with easy access to nearby attractions, Inkster might be a good option for you. However, if safety and high median income are your top priorities, you may want to consider other options.
⭐ 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 Inkster MI Commercial Property: $26,512
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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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