Salem Lakes, WI Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Salem Lakes, Wisconsin Market population: 12K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Salem Lakes WI Properties: 1.5600%
⭐ 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 Salem Lakes WI
Common questions from investors exploring commercial real estate in Salem Lakes WI.
What's the overall investment outlook for Salem Lakes, WI?
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With a median household income of $88,347 and a relatively low poverty rate of 4.1%, Salem Lakes, WI presents a stable investment market, further reinforced by its high health insurance coverage rate of 97% and a strong employment base in industries like Healthcare & Social Assistance, Retail Trade, and Manufacturing.
How does the local economy impact rental demand?
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The diverse economy, led by top industries such as Healthcare & Social Assistance, Retail Trade, and Manufacturing, coupled with a low poverty rate of 4.1% and high employment rate, suggests a robust rental market, especially considering the area's ethnic diversity with top ethnicities including White, Black or African American, and Asian.
What are the key factors influencing property values in Salem Lakes, WI?
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The median property value of $233,400, combined with a median property tax of $4,331 and a high homeownership rate of 88%, indicates a stable and potentially appreciating property market, further supported by the area's relatively low poverty rate of 4.1% and high average household income of $88,347.
How does commute time and method impact the quality of life for residents and, by extension, property investment?
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The average commute time of 34.4 minutes, with top commute methods including driving alone, carpooling, and working from home, suggests a manageable and flexible commute scenario, which, when considered alongside the high health insurance rate of 97%, points to a good quality of life for residents and a stable tenant base for investors.
What role does demographic diversity play in the investment potential of Salem Lakes, WI?
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The area's demographic diversity, with top ethnicities including White, Black or African American, and Asian, alongside a foreign-born rate of 3.4%, contributes to a culturally rich and potentially dynamic market, especially when combined with a strong median household income of $88,347 and a low Gini coefficient of 0.43, indicating relatively low income inequality and a more stable economic environment for investment.
Salem Lakes WI Real Estate & City Facts
Key facts and real estate information about Salem Lakes WI.
What are some of the best neighborhoods to live in Salem Lakes?
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Some of the best neighborhoods to live in Salem Lakes include Salem Lakes, Falcon Heights, and Whitetail Ridge. These neighborhoods offer a range of housing options and are known for their scenic views and community amenities.
What are some fun things to do in Salem Lakes?
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There are plenty of fun things to do in Salem Lakes, including visiting Silver Lake Park, which features numerous attractions and scenic views. You can also check out Hoag Park, Lester's Bison Farm, and the Salem Lakes Parks Commission. Additionally, the nearby town of Kenosha offers a range of shops, restaurants, and cultural attractions.
What is the food scene like in Salem Lakes?
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The food scene in Salem Lakes is diverse and offers a range of options. Some popular restaurants include Sieberts Pub, The 75th Street Inn, and The Hideaway Tavern. You can also find upscale comfort food at Colony House Restaurant or enjoy a casual dining experience at the 75th Street Inn. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Salem Lakes?
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The pros of living in Salem Lakes include its scenic views, community amenities, and range of housing options. However, some cons include the limited number of job opportunities in the area and the need to commute to nearby towns for work or entertainment. Additionally, the town can be quite quiet, which may not be suitable for everyone. Overall, Salem Lakes is a great option for those looking for a peaceful and natural setting.
Is Salem Lakes a good place to live?
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Salem Lakes can be a great place to live for those who value a peaceful and natural setting. The town offers a range of community amenities, scenic views, and outdoor recreational opportunities. However, it may not be the best fit for everyone, particularly those who are looking for a more urban or fast-paced lifestyle. Ultimately, whether Salem Lakes is a good place to live depends on your individual preferences and priorities.
⭐ 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 Salem Lakes WI Commercial Property: $88,347
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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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