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Lealman, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lealman, Florida Market population: 20K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Lealman FL Properties: 0.9400%

πŸ“Š Average Income For Lealman FL Commercial Property: $30,536

Investor Questions For Lealman FL

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

What is the overall investment potential of Lealman, FL, considering its demographics and economy? +
Lealman, FL, with a population of 20,349 and a median age of 45.0, presents a unique investment opportunity. The city's median household income of $30,536, combined with a poverty rate of 22.0% and a health insurance coverage rate of 81.3%, suggests a working-class market with some employment stability. The top industries, including Public Administration and Finance & Insurance, indicate a diverse economy.
How does the ethnic diversity and commute time in Lealman, FL, impact the real estate market? +
The ethnic diversity in Lealman, FL, with top ethnicities being White (41.0%), White Non-Hispanic (37.6%), and Hispanic (6.2%), contributes to a vibrant community. The average commute time of 18.9 minutes, with 83.6% of residents driving alone, indicates a relatively convenient location for renters. This, combined with the foreign born rate of 8.5%, suggests a market with potential for growth and diversity.
What are the key factors to consider when evaluating the rental market in Lealman, FL? +
When evaluating the rental market in Lealman, FL, consider the homeownership rate of 61.7%, leaving 38.3% of the population as renters. The median property value of $74,400 and median property taxes of $1,288 are relatively affordable. Additionally, the poverty rate of 22.0% and health insurance coverage rate of 81.3% provide insight into the potential tenant quality and stability.
How does the income inequality and employment rate in Lealman, FL, affect the real estate investment potential? +
The GINI coefficient of 0.434 indicates a moderate level of income inequality in Lealman, FL. The employed population of 7,465 and top industries, including Public Administration and Transportation & Warehousing, suggest a relatively stable job market. This, combined with the median household income of $30,536, provides a foundation for assessing the potential for rental income and property appreciation.
What role do education and health insurance play in determining the quality of life and investment potential in Lealman, FL? +
The high school graduation rate of 82.2% and Bachelor's degree or higher rate of 14.5% in Lealman, FL, contribute to a relatively educated population. The health insurance coverage rate of 81.3% and average commute time of 18.9 minutes also indicate a good quality of life. These factors, combined with the median property value and poverty rate, help investors assess the overall stability and potential for growth in the local real estate market.

Lealman FL Real Estate & City Facts

Key facts and real estate information about Lealman FL.

What are some of the best neighborhoods to live in Lealman? +
Some of the best neighborhoods to live in Lealman, FL, are West Lealman and East Lealman. The southwest parts of the city tend to be more desired, while the east regions have more affordable homes. Neighborhoods like those near 49th and 66th streets are considered pretty decent.
What are some fun things to do in Lealman? +
There are plenty of fun things to do in Lealman, FL. You can visit the Clam Bayou Nature Preserve for kayaking and hiking, or bike through the preserve on the Skyway Trail. The Florida Aquarium is also a popular attraction, and you can find other activities like Korean BBQ, The Boardwalk Tavern, and Weapon Brand Self-Defense And More.
What is the food scene like in Lealman? +
The food scene in Lealman, FL, is diverse and exciting. There are many great restaurants to choose from, such as Noble Crust, Early Bird, Mi Carreta Restaurant and Bakery, Uptown Eats, and Mazzaro's Italian Market. You can also find delicious pizza at DeRusso's Pizzeria and steak at Beau & Mo's Steakhouse.
What are the pros and cons of living in Lealman? +
Living in Lealman, FL, has its pros and cons. On the positive side, the city has a diverse community, a variety of restaurants and attractions, and a relatively low cost of living. However, some areas of the city can be considered shady, and the poverty rate is around 22%. Additionally, traffic and commute times can be a challenge.
Is Lealman a good place to live? +
Lealman, FL, can be a good place to live, depending on your priorities and preferences. The city has a lot to offer, from its diverse community and restaurants to its outdoor activities and attractions. However, it's essential to carefully consider the pros and cons, such as the poverty rate and traffic, before making a decision. Overall, Lealman can be a great choice for those looking for an affordable and vibrant place to call home.
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