Cordele, GA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cordele, Georgia Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Cordele GA Properties: 1.0600%
⭐ 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 Cordele GA
Common questions from investors exploring commercial real estate in Cordele GA.
What's the overall investment potential of Cordele, GA, considering its demographics and economy?
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Cordele's 43.3% poverty rate and $24,337 median household income suggest a challenging market, but the 82.1% health insurance coverage and 17.6-minute average commute time indicate a relatively stable workforce. The city's top industries, including Professional, Scientific, & Management, and Educational Services, may drive demand for rentals, particularly among the 53.8% Black and 21.8% White populations.
How does the city's ethnic diversity and industry mix impact rental demand?
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The diverse population, with 53.8% Black, 21.8% White, and 19.7% White Non-Hispanic residents, may attract a wide range of tenants, while the top industries, such as Educational Services and Health Care, could create a steady stream of renters. Additionally, the 4.8% foreign born rate and 0.532 GINI coefficient suggest a potentially vibrant and inclusive community, which could support rental growth.
What are the implications of Cordele's poverty rate and health insurance coverage for tenant quality?
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The 43.3% poverty rate is a concern, but the 82.1% health insurance coverage suggests that many residents have access to employment benefits, which could improve tenant stability. Furthermore, the 17.6-minute average commute time and high rate of driving alone (Drove Alone) or carpooling indicate a relatively mobile workforce, which may positively impact rent payments and tenant retention.
How do the city's housing market and commute times affect its attractiveness to investors?
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Cordele's 38.8% homeownership rate and $74,900 median property value may present opportunities for investors to acquire properties at relatively affordable prices. The 17.6-minute average commute time, which is relatively short, and the variety of commute methods, including driving alone, carpooling, and working from home, suggest a convenient and flexible transportation network, making the city more appealing to renters and investors alike.
What role do the top industries and education levels play in shaping Cordele's real estate investment landscape?
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The presence of top industries like Professional, Scientific, & Management, and Educational Services may attract highly skilled workers, potentially increasing demand for higher-end rentals. Although the 73.2% high school graduation rate and 12.1% bachelor's degree or higher rate are relatively low, they still indicate a workforce with some level of education, which could support rental growth and stability, particularly in a city with a strong healthcare sector and relatively low commute times.
Cordele GA Real Estate & City Facts
Key facts and real estate information about Cordele GA.
What are some of the best neighborhoods to live in Cordele?
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Some of the best neighborhoods to live in Cordele include Lake Blackshear neighborhood, which is known for its peaceful and beautiful surroundings. However, it's essential to research and visit different areas to find the one that suits your needs and preferences.
What are some fun things to do in Cordele?
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Cordele offers a variety of attractions and activities, such as visiting the Georgia Veterans Memorial State Park, Cordele Railway Park, Watermelon Capital Speedway, and taking a ride on the SAM Shortline Excursion Train. You can also explore the historic downtown area and visit the Cordele State Farmers Market.
What is the food scene like in Cordele?
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Cordele has a diverse food scene, with popular restaurants like Git in my Belly, Gladys Kitchen, and Daphne Lodge Restaurant, which serve a range of cuisines, including soul food and Southern comfort food. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Cordele?
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The pros of living in Cordele include its small-town charm, low cost of living, and outdoor recreational opportunities. However, some cons include limited job opportunities, a high poverty rate, and a need for more diverse entertainment options. Ultimately, whether Cordele is a good fit for you depends on your individual priorities and lifestyle.
Is Cordele a good place to live?
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Cordele can be a good place to live for those who value a close-knit community, outdoor activities, and a relaxed pace of life. While it may not offer the same level of excitement or career opportunities as larger cities, it has a unique charm and a strong sense of local pride. As with any place, it's crucial to weigh the pros and cons and consider factors like job opportunities, education, and healthcare before making a decision.
⭐ 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 Cordele GA Commercial Property: $24,337
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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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