Oak Island, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Oak Island, North Carolina Market population: 7K. Explore income-producing properties with verified cap rates...
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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 Oak Island NC Properties: 0.3100%
⭐ 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 Oak Island NC
Common questions from investors exploring commercial real estate in Oak Island NC.
What is the overall investment potential of Oak Island, NC?
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The combination of a relatively low poverty rate of 8.7% and high health insurance coverage of 89.9% suggests a stable market with access to employment opportunities, making Oak Island an attractive location for real estate investment, particularly when considering the top industries such as Public Administration and Finance & Insurance, which can drive demand for housing.
How does the demographic makeup of Oak Island impact rental demand?
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The top ethnicities, including White and White Non-Hispanic, indicate a relatively homogeneous population, but the presence of top industries like Information and Finance & Insurance, & Real Estate & Rental & Leasing, suggests a diverse range of job opportunities that can attract a wide range of renters, contributing to a stable rental market with a median household income of $47,369 and an average commute time of 26.9 minutes.
What are the key factors influencing property values in Oak Island?
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The median property value of $243,200, combined with a median property tax of $2,426 and a homeownership rate of 79.4%, indicates a relatively stable and desirable housing market, which is further supported by the low poverty rate of 8.7% and high health insurance coverage of 89.9%, suggesting that property values are likely to be influenced by the overall quality of life and access to employment opportunities in the area.
How does the commute time and method impact the quality of life for residents and investors?
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The average commute time of 26.9 minutes, with top commute methods including Drove Alone, Worked At Home, and Carpooled, suggests a relatively convenient and flexible commute, which can contribute to a high quality of life for residents and make the area more attractive to investors, particularly when combined with the low poverty rate and high health insurance coverage, indicating a stable and employed population.
What role do income inequality and employment play in the investment potential of Oak Island?
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The GINI coefficient of 0.42, which measures income inequality, is relatively low, suggesting a fairly equal distribution of income, and when combined with an employed population of 2,871 and a median household income of $47,369, indicates a stable and employed market with access to a range of job opportunities, making Oak Island an attractive location for real estate investment, particularly in the context of the top industries and relatively low poverty rate.
Oak Island NC Real Estate & City Facts
Key facts and real estate information about Oak Island NC.
What are some of the best neighborhoods to live in Oak Island?
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Some of the best neighborhoods to live in Oak Island include West Beach, East Beach, Yaupon Beach, Long Beach, and Caswell Beach. Each of these neighborhoods has its own unique character and advantages, so it's worth doing some research to find the one that best fits your needs and preferences.
What are some fun things to do in Oak Island?
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There are plenty of fun things to do in Oak Island, including visiting the Oak Island Beach, the Oak Island Lighthouse, and The Point. You can also check out the Planet Fun Family Entertainment Center, go on a charter with Angry Pelican Charters, or grab a bite to eat at one of the many great restaurants in the area, such as the BBQ House or Bambini's Pizzeria.
What is the food scene like in Oak Island?
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The food scene in Oak Island is all about fresh seafood, Southern comfort food, and hearty dining. Some popular restaurants include the 49th Street Grill, Bar & Patio, Bob's Dogs, and Swains Cut, which serves up fresh seafood and has a great Key Lime pie. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Oak Island?
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The pros of living in Oak Island include the beautiful beaches, friendly community, and plenty of outdoor activities to enjoy. However, some cons include the potential for traffic and crowds during peak season, and the need to be mindful of hurricane season. Overall, Oak Island is a great place to live for those who love the beach and a relaxed, small-town atmosphere.
Is Oak Island a good place to live?
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Yes, Oak Island is a great place to live for many people. The town has a strong sense of community, beautiful natural surroundings, and a relaxed atmosphere. While it may not be the best fit for everyone, particularly those who prefer a more fast-paced urban lifestyle, Oak Island is definitely worth considering for those who love the beach and a small-town feel.
⭐ 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 Oak Island NC Commercial Property: $47,369
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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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