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Lake Elmo, MN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lake Elmo, Minnesota Market population: 8K. 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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Lake Elmo MN Properties: 1.0200%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Lake Elmo MN

Common questions from investors exploring commercial real estate in Lake Elmo MN.

What's the overall investment outlook for Lake Elmo, MN? +
With a median household income of $113,419 and a low poverty rate of 2.9%, Lake Elmo presents a stable investment market, further reinforced by its high health insurance coverage rate of 98.1% and a relatively short average commute time of 28.4 minutes, indicating a strong and reliable workforce.
How does the local economy impact real estate demand? +
The top industries in Lake Elmo, including Healthcare & Social Assistance, Retail Trade, and Finance & Insurance, contribute to a diverse economy, which, combined with a high employment rate and low poverty, suggests a consistent demand for housing, especially considering the area's high homeownership rate of 94.1% and median property value of $384,800.
What role does ethnic diversity play in the local real estate market? +
While Lake Elmo has a predominantly White population at 92.6%, the presence of other ethnicities like Asian at 3.4% and a foreign-born rate of 4.3% indicates some diversity, which can contribute to a vibrant community, potentially attracting a broader range of residents and investors, especially when considering the area's strong educational background with 63.2% holding a Bachelor's degree or higher.
How do commute times and methods affect the quality of life for residents and, by extension, property values? +
The average commute time of 28.4 minutes in Lake Elmo, with 87.8% of residents driving alone and 7.3% working from home, suggests a balance between accessibility and personal time, enhancing the quality of life, which is crucial for maintaining high property values and attracting potential buyers or renters, particularly in an area with such a high health insurance coverage rate of 98.1%.
What insights can be gleaned from the income inequality and poverty rates for potential investors? +
The GINI coefficient of 0.373, indicating moderate income inequality, combined with a low poverty rate of 2.9% and high median household income of $113,419, suggests a stable and affluent community, which is further supported by the high health insurance coverage of 98.1%, pointing to a market with reliable tenants and homeowners, thus reducing investment risks in Lake Elmo's real estate market.

Lake Elmo MN Real Estate & City Facts

Key facts and real estate information about Lake Elmo MN.

What are some of the best neighborhoods to live in Lake Elmo? +
Some of the best neighborhoods to live in Lake Elmo include the northwest parts of the city, which tend to be more desirable, and the southeast regions, which offer more affordable homes. Specific neighborhoods like Falcon Heights and Lake Elmo Park Reserve are also popular among residents.
What are some fun things to do in Lake Elmo? +
There are plenty of fun things to do in Lake Elmo, including visiting the Lake Elmo Park Reserve, which offers hiking and biking trails, horseback riding, and cross-country skiing in the winter. You can also check out the Royal Golf Club, Lions Park, and the Lake Elmo Public Library. For families, there are places like Kidcreate Studio and Teddy Bear Park in nearby Stillwater.
What is the food scene like in Lake Elmo? +
The food scene in Lake Elmo is diverse and offers a range of options. You can find fine dining at the Lake Elmo Inn, which has been serving the area for over four decades. There are also plenty of great restaurants in nearby Stillwater, such as Liliana, The Stable Pizzeria, and Bistrot. For brunch, the Lake Elmo Inn and the Tavern in Woodbury are highly recommended.
What are the pros and cons of living in Lake Elmo? +
Living in Lake Elmo has its pros and cons. On the positive side, the city offers a peaceful and family-friendly atmosphere, with plenty of green spaces and outdoor activities. The median household income is also relatively high, and the area has a low poverty rate. However, some residents may find the city to be a bit quiet and lacking in nightlife options. Additionally, the cost of living in Lake Elmo can be higher than in other parts of the state.
Is Lake Elmo a good place to live? +
Overall, Lake Elmo is a great place to live for those who value a peaceful and family-friendly atmosphere, with plenty of outdoor activities and a strong sense of community. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it is definitely worth considering for those who prioritize quality of life and a safe, welcoming environment.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Lake Elmo MN Commercial Property: $113,419

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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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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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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