Lemon Grove, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lemon Grove, Florida Market population: 26K. 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 Lemon Grove CA Properties: 1.4000%

📊 Average Income For Lemon Grove CA Commercial Property: $51,496

Investor Questions For Lemon Grove CA

Common questions from investors exploring commercial real estate in Lemon Grove CA.

What is the overall investment potential of Lemon Grove, CA? +

Lemon Grove, CA offers a stable investment market with a median household income of $51,496, a relatively low poverty rate of 12.6%, and a high health insurance coverage rate of 88.2%, indicating a reliable tenant base. The top industries, including Agriculture and Public Administration, provide a diverse economic foundation. With a median property value of $287,600 and an average commute time of 25.7 minutes, the area presents a promising opportunity for real estate investors.

How does the demographic diversity of Lemon Grove impact the rental market? +

The city's ethnic diversity, with top ethnicities including White, Hispanic, and White Non-Hispanic, contributes to a vibrant rental market. The foreign-born rate of 23.1% and a median age of 35.4 also suggest a dynamic population with various housing needs. This diversity, combined with a strong employment rate and low poverty, makes for a resilient rental market.

What are the key factors influencing property values in Lemon Grove? +

The median property value of $287,600 in Lemon Grove is influenced by factors such as the median household income of $51,496, the relatively low poverty rate of 12.6%, and the high health insurance coverage rate of 88.2%. Additionally, the city's top industries, including Agriculture and Manufacturing, and its diverse population, contribute to a stable economic environment that supports property values.

How does the commute time and transportation infrastructure affect the quality of life for residents and investors? +

The average commute time of 25.7 minutes in Lemon Grove, with top commute methods including driving alone, working from home, and carpooling, indicates a manageable and flexible transportation infrastructure. This, combined with a high health insurance rate of 88.2% and a low poverty rate of 12.6%, suggests a high quality of life for residents, which in turn, can lead to a more stable and attractive rental market for investors.

What role does the local economy play in the real estate investment potential of Lemon Grove? +

The local economy of Lemon Grove, driven by top industries such as Agriculture, Public Administration, and Manufacturing, provides a solid foundation for real estate investment. With an employed population of 10,988 and a median household income of $51,496, the economy supports a stable demand for housing. The GINI coefficient of 0.401 and a poverty rate of 12.6% also indicate a relatively equitable distribution of income, further enhancing the investment potential.

Lemon Grove CA Real Estate & City Facts

Key facts and real estate information about Lemon Grove CA.

What are some of the best neighborhoods to live in Lemon Grove? +

Some of the best neighborhoods to live in Lemon Grove include Lemon Grove Heights, San Altos, and Lemon Grove West. These neighborhoods offer a range of housing options, from affordable homes to more upscale properties, and are known for their community spirit and diversity.

What are some fun things to do in Lemon Grove? +

There are plenty of fun things to do in Lemon Grove, including visiting the World's Largest Lemon, exploring the Lemon Grove Carved Statues, and checking out the local parks like Berry Street Park and Treganza Heritage Park. You can also take a short drive to nearby attractions like SeaWorld San Diego, Belmont Park, and the San Diego Zoo.

What is the food scene like in Lemon Grove? +

The food scene in Lemon Grove is diverse and exciting, with a range of restaurants serving everything from Italian cuisine to Mexican food. Some popular spots include The Funky Frenchie, Lemon Grove Bistro, and Ciccia Osteria. There are also plenty of great food trucks and hidden gem restaurants to discover.

What are the pros and cons of living in Lemon Grove? +

The pros of living in Lemon Grove include its affordable housing options, diverse community, and convenient location near San Diego. However, some cons include the higher crime rate compared to other areas, and the need for a car to get around. Overall, Lemon Grove is a great option for those looking for a affordable and diverse place to live, but it's not without its challenges.

Is Lemon Grove a good place to live? +

Lemon Grove can be a good place to live, depending on your priorities and preferences. It offers a unique blend of small-town charm and big-city amenities, and is a great option for those looking for affordable housing and a diverse community. However, it's not without its challenges, and residents should be aware of the higher crime rate and need for a car to get around. Overall, Lemon Grove is a great choice for those who value community, diversity, and affordability.

Lemon Grove, 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 Lemon Grove CA Properties: 1.4000%

📊 Average Income For Lemon Grove CA Commercial Property: $51,496

Investor Questions For Lemon Grove CA

Lemon Grove CA Real Estate & City Facts

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