Scottsburg, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Scottsburg, New York Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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📊 Average Cap Rate For Scottsburg IN Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Scottsburg IN Properties: 93.0000%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

Save

Investor Questions For Scottsburg IN

Common questions from investors exploring commercial real estate in Scottsburg IN.

What's the overall investment potential of Scottsburg, IN, considering its demographics and economy? +

The city's median household income of $38,483, combined with a poverty rate of 20.9% and a high health insurance coverage of 91.7%, suggests a stable market with opportunities for growth, particularly in the public administration and professional services sectors, which are among the top industries here.

How does the city's ethnic diversity and commute time impact the rental market? +

Scottsburg's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, and an average commute time of 27.7 minutes, indicates a relatively stable and accessible rental market, with the majority of residents driving alone or carpooling to work.

What are the key factors to consider when evaluating the local housing market for investment? +

The median property value of $99,300, median property taxes of $1,503, and a homeownership rate of 51.9% are crucial factors to consider, along with the poverty rate of 20.9% and the high health insurance coverage, which together suggest a working-class market with employment stability and potential for property appreciation.

How does the city's industry mix and employment rate influence the quality of life and investment potential? +

The top industries in Scottsburg, including public administration, professional services, and transportation, contribute to a relatively low GINI coefficient of 0.393, indicating a somewhat equitable distribution of income, and when combined with an employed population of 2,443 and an average commute time of 27.7 minutes, suggest a stable and attractive market for investors.

What role do health insurance coverage and commute methods play in assessing the stability of the local rental market? +

The high health insurance coverage rate of 91.7% and the primary commute methods of driving alone, carpooling, or biking, indicate a relatively stable and healthy population, which, when considered alongside the poverty rate and median household income, suggests a rental market with a strong potential for consistent returns and low vacancy rates.

Scottsburg IN Real Estate & City Facts

Key facts and real estate information about Scottsburg IN.

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

Some of the best neighborhoods to live in Scottsburg include areas near the downtown region, which offer a mix of historic homes and newer constructions. Neighborhoods like those around the Scott County Courthouse and the nearby parks are considered desirable for their charm and proximity to local amenities. However, it's always a good idea to research and visit different areas to find the one that best fits your needs and preferences.

What are some fun things to do in Scottsburg? +

Scottsburg offers a variety of activities and attractions for visitors and residents alike. You can explore the local history at the Scott County Heritage Center, enjoy outdoor activities at one of the several parks, or take a stroll along the scenic trails. The city also hosts several events throughout the year, including festivals and fairs that celebrate the community's heritage and culture. Additionally, the nearby city of Louisville, Kentucky, provides access to a wider range of cultural, entertainment, and sporting events.

What is the food scene like in Scottsburg? +

The food scene in Scottsburg is a mix of traditional American cuisine, local specialties, and international flavors. You can find a range of restaurants serving everything from classic burgers and sandwiches to more upscale dining experiences. There are also plenty of great food trucks and local eateries that offer a taste of the community's culinary heritage. Some popular spots include Flipdaddy's and other local favorites that serve up delicious meals in a cozy atmosphere.

What are the pros and cons of living in Scottsburg? +

Living in Scottsburg has its pros and cons. On the plus side, the city offers a charming small-town atmosphere, a strong sense of community, and a relatively low cost of living. The city is also surrounded by natural beauty, with plenty of opportunities for outdoor recreation. However, some residents may find the job market limited, and the city's amenities and services may not be as extensive as those found in larger urban areas. Additionally, traffic and parking can be a challenge in some parts of the city, particularly during peak hours or special events.

Is Scottsburg a good place to live? +

Whether Scottsburg is a good place to live depends on your individual preferences and priorities. If you value a close-knit community, a relaxed pace of life, and easy access to outdoor activities, then Scottsburg may be an excellent choice. The city's affordable housing, low crime rate, and good schools also make it an attractive option for families and young professionals. However, if you're looking for a more fast-paced urban lifestyle with a wide range of cultural and entertainment options, you may want to consider other alternatives. Ultimately, Scottsburg is a great place to live for those who appreciate its unique blend of small-town charm and natural beauty.

Scottsburg, NY Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For Scottsburg IN Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Scottsburg IN Properties: 93.0000%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For Scottsburg IN

Scottsburg IN Real Estate & City Facts

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