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Groveland, CA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Groveland, California Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Groveland FL Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Groveland FL

Common questions from investors exploring commercial real estate in Groveland FL.

What is the overall investment potential of Groveland, FL, considering its demographic and economic factors? +
The 8.9% poverty rate and 87.7% health insurance coverage in Groveland, FL, suggest a relatively stable market with access to employment opportunities, which is further supported by a median household income of $48,982 and a strong presence of finance, insurance, and real estate industries. The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community. Additionally, the average commute time of 29.4 minutes and high homeownership rate of 81.4% indicate a solid quality of life for residents.
How does the ethnic diversity and industry mix in Groveland, FL, impact the demand for real estate investments? +
The ethnic diversity in Groveland, FL, with White, White Non-Hispanic, and Hispanic populations, creates a demand for a variety of housing types, while the top industries, including finance, insurance, real estate, and manufacturing, attract a stable workforce, contributing to a consistent demand for rental properties. The foreign-born rate of 10.2% also suggests a potential for international investment interest. Furthermore, the median property value of $134,900 and median property taxes of $1,961 provide a relatively affordable investment opportunity.
What are the key factors to consider when assessing the quality of life in Groveland, FL, for real estate investment purposes? +
When evaluating the quality of life in Groveland, FL, for real estate investment, consider the average commute time of 29.4 minutes, which is relatively low, and the top commute methods, including driving alone, working from home, and carpooling, indicating flexible transportation options. The health insurance coverage rate of 87.7% and low poverty rate of 8.9% also suggest a stable and healthy community, which can contribute to long-term rental income and property appreciation. Additionally, the high school graduation rate of 85.2% and bachelor's degree or higher rate of 22.1% indicate a relatively educated population.
How does the income inequality and employment rate in Groveland, FL, affect the real estate investment market? +
The GINI coefficient of 0.347 in Groveland, FL, indicates a moderate level of income inequality, which, combined with an employed population of 3,850 and a median household income of $48,982, suggests a relatively stable workforce with a range of income levels. This can lead to a diverse demand for housing, from affordable to higher-end properties. The poverty rate of 8.9% and health insurance coverage rate of 87.7% further support the stability of the local workforce and potential for consistent rental income.
What role do property values, taxes, and homeownership rates play in the attractiveness of Groveland, FL, as a real estate investment destination? +
The median property value of $134,900 and median property taxes of $1,961 in Groveland, FL, make it a relatively affordable investment option, especially when considering the high homeownership rate of 81.4%, which indicates a strong sense of community and potential for long-term property appreciation. The average commute time of 29.4 minutes and top commute methods also contribute to the city's attractiveness, suggesting a convenient and desirable location for both residents and investors. Furthermore, the top industries, including finance and real estate, may drive demand for properties and support local economic growth.

Groveland FL Real Estate & City Facts

Key facts and real estate information about Groveland FL.

What are some of the best neighborhoods to live in Groveland? +
Some of the best neighborhoods to live in Groveland include Green Valley West, Southern Ridge Estates at Cherry Lake, and Minneola. These neighborhoods are known for being peaceful, well-maintained, and family-friendly. However, it's always a good idea to do your own research and visit the areas in person to get a feel for which neighborhood is the best fit for you.
What are some fun things to do in Groveland? +
There are plenty of fun things to do in Groveland, including visiting the Lake Catherine Blueberries, exploring the Groveland Downtown Festival Park, and checking out the Groveland Historical Society and Museum. You can also enjoy the great outdoors at Emmanuel Camp or take a stroll along the lakeside. If you're looking for more adventure, you can head to the nearby city of Clermont, which has a bowling alley, multiplex cinema, and indoor trampoline park.
What is the food scene like in Groveland? +
The food scene in Groveland is growing, with a variety of restaurants to choose from, including the Red Wing Restaurant, The Butcher Block Kitchen, and Coyote Rojo. There are also plenty of great food trucks and cafes in the area, offering everything from classic American cuisine to international flavors. If you're looking for fine dining, you can head to nearby Clermont, which has a number of high-end restaurants to choose from.
What are the pros and cons of living in Groveland? +
The pros of living in Groveland include its peaceful and family-friendly atmosphere, outdoor recreational opportunities, and growing food scene. However, some cons include the limited job opportunities and higher cost of living compared to other areas in Lake County. Additionally, some residents have noted that the city can feel a bit sleepy, with limited nightlife and entertainment options. Overall, Groveland is a great choice for those looking for a quiet, small-town feel, but may not be the best fit for those seeking a more urban lifestyle.
Is Groveland a good place to live? +
Whether or not Groveland is a good place to live depends on your individual preferences and priorities. If you're looking for a peaceful, family-friendly community with outdoor recreational opportunities, Groveland may be a great choice. However, if you're seeking a more urban lifestyle with plenty of job opportunities and nightlife, you may want to consider other areas in Lake County. Ultimately, it's a good idea to visit Groveland in person and get a feel for the community 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

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Groveland FL Properties: 0.9900%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Groveland FL Commercial Property: $48,982

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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