Creswell, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Creswell, North Carolina Market population: 5K. Explore income-producing properties with verified cap rates and...
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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 Creswell OR Properties: 0.6700%
⭐ 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 Creswell OR
Common questions from investors exploring commercial real estate in Creswell OR.
What's the overall investment potential of Creswell, OR, considering its demographics and economy?
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Creswell's median household income of $63,419, combined with a relatively low poverty rate of 12.1% and high health insurance coverage of 95.1%, suggests a stable market with a strong foundation for investment. The top industries, including Health Care & Social Assistance and Retail Trade, also indicate a diverse economy, while the 83.2% White and 14.1% Hispanic or Latino population provides a unique cultural landscape.
How does the city's commute time and transportation infrastructure impact rental demand?
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The average commute time of 26.4 minutes, with 77.6% of residents driving alone and 11.4% carpooling, indicates a relatively convenient transportation infrastructure. This, paired with the high health insurance coverage rate of 95.1% and a median age of 37.4, suggests a reliable and healthy workforce, making it an attractive location for renters and thus a promising investment opportunity.
What role does ethnic diversity play in shaping the local real estate market?
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The ethnic diversity in Creswell, with 83.2% White, 14.1% Hispanic or Latino, and 2.5% Two Or More, contributes to a vibrant cultural scene, which can attract a wide range of residents and businesses. This diversity, combined with the city's top industries like Health Care & Social Assistance and Manufacturing, suggests a dynamic market with potential for growth and development.
How do property values and taxes in Creswell compare to other investment considerations?
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With a median property value of $243,400 and median property taxes of $2,342, Creswell offers a relatively balanced investment landscape. Considering the city's low poverty rate of 12.1%, high homeownership rate of 73.2%, and strong health insurance coverage of 95.1%, these property values and taxes seem reasonable, making Creswell an attractive option for investors looking for stability and potential long-term appreciation.
What insights can be gleaned from the city's employment and education statistics for real estate investment?
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The employed population of 2,611, with top occupations in Management, Business, Science, & Arts Occupations, and a high school graduate or higher rate of 88.5%, indicates a skilled and educated workforce. This, coupled with the GINI coefficient of 0.414, suggesting moderate income inequality, and the foreign-born rate of 4.3%, points to a market with potential for sustainable growth, driven by a diverse and capable labor force, making it an interesting prospect for real estate investors.
Creswell OR Real Estate & City Facts
Key facts and real estate information about Creswell OR.
What are some of the best neighborhoods to live in Creswell?
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Creswell has a variety of neighborhoods to choose from, but some popular ones include those near Garden Lake Park and the Creswell Historical Museum. However, I couldn't find specific information on the best neighborhoods, so it's recommended to visit the area and talk to locals to get a better feel for the community.
What are some fun things to do in Creswell?
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There are plenty of things to do in Creswell, including visiting the Creswell Historical Museum, exploring Garden Lake Park, and checking out the local shops and restaurants. You can also visit the nearby Harry Holt Memorial Park and The Round Up Saloon for some entertainment.
What is the food scene like in Creswell?
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Unfortunately, I couldn't find much information on the food scene in Creswell. However, there are likely some great local restaurants and cafes to explore. There are also plenty of great food trucks and restaurants in the nearby city of Eugene, which is worth checking out.
What are the pros and cons of living in Creswell?
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The pros of living in Creswell include its small-town charm, friendly community, and access to outdoor activities like hiking and fishing. However, some cons might include the limited job opportunities and amenities compared to larger cities. It's also worth considering the proximity to nearby cities like Eugene and the potential for commuting.
Is Creswell a good place to live?
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Creswell can be a great place to live for those who value a small-town community and outdoor activities. While it may not have all the amenities of a larger city, it has a unique charm and a strong sense of community. Ultimately, whether or not Creswell 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 Creswell OR Commercial Property: $63,419
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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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