Crossville, TN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Crossville, Tennessee 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 Crossville TN Properties: 1.5000%
⭐ 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 Crossville TN
Common questions from investors exploring commercial real estate in Crossville TN.
What's the overall investment potential of Crossville, TN, considering its demographics and economy?
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With a median household income of $27,273 and a poverty rate of 25.0%, Crossville presents a mixed bag for investors, but its strong health insurance coverage of 86.2% and relatively low average commute time of 17.1 minutes suggest a stable workforce, which can be attractive for rental properties, especially given the top industries in Educational Services and Health Care.
How does the ethnic diversity and industry landscape impact the demand for real estate in Crossville?
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The city's ethnic diversity, led by White and White Non-Hispanic populations, alongside a significant Hispanic presence, contributes to a vibrant community, while top industries like Educational Services, Health Care, and Finance & Insurance drive demand for housing, potentially boosting property values and rental yields, especially considering the median property value of $138,700.
What are the implications of Crossville's poverty rate and health insurance coverage for real estate investors?
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The 25.0% poverty rate combined with 86.2% health insurance coverage indicates a working-class market with a degree of employment stability, which is crucial for consistent rent payments, and when paired with the low average commute time, suggests that investors may find a reliable tenant base, albeit one that may require careful property management and tenant screening.
How do the commute times and transportation methods in Crossville affect its attractiveness to investors?
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The average commute time of 17.1 minutes, with most residents driving alone or carpooling, and a notable percentage working from home, points to a city with manageable traffic and flexible work arrangements, which can enhance the quality of life for residents and thus the attractiveness and value of properties, making it a consideration for investors looking for stable, long-term rentals.
What insights can be gleaned from Crossville's homeownership rate and median property taxes for investment decisions?
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With a homeownership rate of 49.0% and median property taxes of $2,103, Crossville presents a relatively balanced market between owners and renters, suggesting opportunities for both rental income and potential long-term property appreciation, especially considering the median property value of $138,700, which can guide investors in weighing the costs and benefits of investing in the local real estate market.
Crossville TN Real Estate & City Facts
Key facts and real estate information about Crossville TN.
What are some of the best neighborhoods to live in Crossville?
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Some of the best neighborhoods to live in Crossville include Miller Ave/S Main St, Fairfield Glade, Lake Tansi Village, Homestead, and Deer. These neighborhoods offer a range of options from peaceful and friendly to country living and low-maintenance communities.
What are some fun things to do in Crossville?
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There are plenty of fun things to do in Crossville, including visiting Cumberland Mountain State Park, Cumberland County Playhouse, and the Military Memorial Museum. You can also explore the scenic mountains, rich historical heritage, arts and culture, unique downtown shops, and great local restaurants.
What is the food scene like in Crossville?
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The food scene in Crossville is delightful, with a range of options including fine dining restaurants like Sandbagger's Steakhouse And Lounge, Forte's Restaurant, and Halcyon Days. There are also plenty of great local eateries, wine bars, and innovative food spots like The Pour House Bistro and Winebar.
What are the pros and cons of living in Crossville?
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The pros of living in Crossville include its peaceful and friendly neighborhoods, scenic mountains, rich historical heritage, and abundance of outdoor recreational opportunities. However, some cons include the city's relatively small size and limited job opportunities. Additionally, the cost of living in Crossville can be relatively low, but the median household income is also lower than in some other parts of the country.
Is Crossville a good place to live?
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Overall, Crossville is a great place to live for those who value a peaceful and friendly community, outdoor recreation, and a low cost of living. While it may not offer all the amenities and job opportunities of a larger city, it has a unique charm and a strong sense of community that makes it an attractive option for many people.
⭐ 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 Crossville TN Commercial Property: $27,273
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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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