Oak Ridge, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Oak Ridge, North Carolina Market population: 29K. Explore income-producing properties with verified cap rates...
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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 Oak Ridge TN Properties: 0.2470%
⭐ 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 Oak Ridge TN
Common questions from investors exploring commercial real estate in Oak Ridge TN.
What's the overall investment outlook for Oak Ridge, TN, considering its demographics and economy?
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The city's median household income of $53,834, combined with a relatively high poverty rate of 15.2%, suggests a mixed economic landscape. However, the strong employment numbers, with 13,115 people employed, and a high health insurance coverage rate of 90.5% indicate a stable workforce, making it an attractive investment opportunity.
How does the city's ethnic diversity and industry landscape impact the real estate market?
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The top ethnicities, including White (44.4%) and White Non-Hispanic (42.7%), contribute to a diverse community, while the dominant industries, such as Information (Group) and Public Administration (Group), drive demand for housing. This diversity, paired with a foreign-born rate of 2.2%, suggests a vibrant and growing market.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of Oak Ridge as an investment destination?
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The average commute time of 19.8 minutes, which is relatively short, and the high health insurance coverage rate of 90.5% contribute to a high quality of life. Additionally, the top commute methods, including driving alone and working from home, indicate flexibility and convenience, making Oak Ridge an appealing place to live and invest.
How do the city's housing market and property values impact investment potential?
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The median property value of $148,400 and median property taxes of $7,644 suggest a relatively affordable housing market. With a homeownership rate of 62.0%, there is a balance between owned and rented properties, providing opportunities for both rental income and long-term appreciation in property value.
What role do education and safety play in assessing the stability and growth potential of the Oak Ridge real estate market?
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The high school graduation rate of 92.2% and the presence of a significant percentage of the population with a Bachelor's degree or higher (43.8%) indicate a well-educated population, which can contribute to a stable and growing market. Furthermore, the low violent crime rate of 0.35 per 1,000 residents adds to the city's appeal, suggesting a safe environment that can attract residents and investors alike.
Oak Ridge TN Real Estate & City Facts
Key facts and real estate information about Oak Ridge TN.
What's the overall investment outlook for Oak Ridge, TN, considering its demographics and economy?
+
The city's median household income of $53,834, combined with a relatively high poverty rate of 15.2%, suggests a mixed economic landscape. However, the strong employment numbers, with 13,115 people employed, and a high health insurance coverage rate of 90.5% indicate a stable workforce, making it an attractive investment opportunity.
How does the city's ethnic diversity and industry landscape impact the real estate market?
+
The top ethnicities, including White (44.4%) and White Non-Hispanic (42.7%), contribute to a diverse community, while the dominant industries, such as Information (Group) and Public Administration (Group), drive demand for housing. This diversity, paired with a foreign-born rate of 2.2%, suggests a vibrant and growing market.
⭐ 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 Oak Ridge TN Commercial Property: $53,834
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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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