Verona, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Verona, North Dakota Market population: 11K. 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 Verona WI Properties: 1.6800%
⭐ 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 Verona WI
Common questions from investors exploring commercial real estate in Verona WI.
What's the overall investment potential of Verona, WI, considering its demographic and economic indicators?
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Verona, WI, with its median household income of $82,431 and a relatively low poverty rate of 3.0%, presents a stable investment market. The city's high health insurance coverage rate of 96.7% and short average commute time of 22.5 minutes suggest a reliable and healthy workforce, which is beneficial for rental properties. Additionally, the top industries, including Professional, Scientific, & Management, and Finance & Insurance, indicate a diverse and robust economy.
How does the ethnic diversity and industry mix in Verona, WI, impact the demand for real estate investments?
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The ethnic diversity in Verona, WI, with White and White Non-Hispanic populations being the most prominent, suggests a relatively homogeneous market. However, the presence of top industries like Information and Finance & Insurance, & Real Estate & Rental & Leasing, indicates a strong demand for housing from professionals in these sectors. This, combined with a low poverty rate of 3.0% and high health insurance coverage of 96.7%, makes for an attractive rental market.
What are the implications of Verona, WI's, commute times and health insurance coverage for real estate investors?
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The 22.5-minute average commute time in Verona, WI, along with the prevalence of driving alone and working from home as top commute methods, suggests that the city has a well-planned infrastructure that supports both personal and professional life. When combined with the high health insurance coverage rate of 96.7%, this indicates a stable and secure population, which is less likely to experience financial shocks that could impact rent payments or property values.
How does the income inequality in Verona, WI, affect the real estate market, and what does it mean for investors?
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With a GINI coefficient of 0.344, Verona, WI, exhibits a moderate level of income inequality. This, coupled with a median household income of $82,431 and a low poverty rate of 3.0%, suggests that there is a sizable middle class that can afford housing. For investors, this translates to a relatively stable demand for both rental properties and homes for sale, as there is a broad base of potential tenants and buyers with the means to pay.
What insights can be gleaned from Verona, WI's, homeownership rate and median property value for real estate investment strategies?
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The homeownership rate of 68.1% in Verona, WI, indicates a strong preference for owning over renting, which can influence the rental market's dynamics. The median property value of $245,900, in conjunction with median property taxes of $2,950, provides insight into the cost of owning a home in the area. For investors, this data suggests that there may be opportunities in both the rental market, catering to the 31.9% of the population that rents, and in developing or renovating properties to meet the demand for ownership, particularly considering the city's diverse economy and low poverty rate.
Verona WI Real Estate & City Facts
Key facts and real estate information about Verona WI.
What are some of the best neighborhoods to live in Verona?
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Some of the best neighborhoods to live in Verona include Military Ridge, Scenic Ridge, and East View Heights. These neighborhoods offer a peaceful and well-maintained environment, with easy access to trails, parks, and local amenities. For example, the Military Ridge neighborhood is known for its clean environment and community spirit, while Scenic Ridge offers scenic views and a convenient location.
What are some fun things to do in Verona?
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Verona has a lot to offer when it comes to things to do. You can explore the scenic paved trails like the Military Ridge State Trail and Ice Age Junction Pathway, visit the Wisconsin Brewing Company or Hop Haus Brewing, or check out the local restaurants and shops. The city also hosts various events and festivals throughout the year, so be sure to check the local calendar to see what's happening during your visit.
What is the food scene like in Verona?
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The food scene in Verona is charming and diverse, with a range of restaurants serving everything from comfort food to classic Wisconsin bites. Some popular spots include Avantis Italian Restaurant, Aztec Taqueria, and 5th Quarter Sports Bar & Grill. There are also plenty of great food trucks and local eateries to try, so you're sure to find something that suits your taste and budget.
What are the pros and cons of living in Verona?
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The pros of living in Verona include its excellent schools, newer neighborhoods, and close proximity to Madison and other local amenities. The city also has a strong sense of community, with plenty of parks, trails, and community events to enjoy. However, some cons to consider include the city's relatively high property taxes and the potential for traffic and congestion in certain areas. Overall, Verona is a great choice for families and individuals who want a peaceful and convenient place to live.
Is Verona a good place to live?
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Yes, Verona is a great place to live, offering a unique blend of small-town charm and big-city amenities. The city has a lot to offer, from its scenic trails and parks to its diverse restaurants and shops. While there are some potential downsides to consider, such as property taxes and traffic, the pros of living in Verona far outweigh the cons. Whether you're a family, individual, or retiree, Verona is definitely worth considering as a place to call home.
⭐ 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 Verona WI Commercial Property: $82,431
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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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