Roxboro, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Roxboro, North Carolina Market population: 8K. 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 Roxboro NC Properties: 0.7800%
⭐ 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 Roxboro NC
Common questions from investors exploring commercial real estate in Roxboro NC.
What's the overall investment outlook for Roxboro, NC, considering its demographic and economic factors?
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Roxboro's 37.1% poverty rate and $20,736 median household income suggest a challenging market, but the 81.7% health insurance coverage and 21.1-minute average commute time indicate a degree of stability and accessibility, which could be attractive for investors targeting affordable housing or renovation projects, particularly given the city's diverse population with top ethnicities including Black, White, and White Non-Hispanic residents.
How does the local economy impact real estate investment in Roxboro, NC?
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The city's top industries, including Professional, Scientific, & Management, and Manufacturing, contribute to a relatively stable employment market with 2,715 employed individuals, which, combined with the 42.7% homeownership rate and $88,800 median property value, suggests potential for long-term investment growth, especially considering the low foreign born rate of 0.034 and the impact of the GINI coefficient of 0.448 on income inequality.
What are the key factors influencing rental yields and property appreciation in Roxboro, NC?
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The average commute time of 21.1 minutes, primarily driven by individuals who drive alone or carpool, along with the health insurance coverage rate of 81.7%, points to a relatively stable and insured population, which can positively influence rental yields, while the median property value of $88,800 and median property taxes of $1,225 provide a baseline for potential property appreciation, considering the city's ethnic diversity and top industries.
How does the quality of life in Roxboro, NC, affect its attractiveness to real estate investors?
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The city's average commute time of 21.1 minutes and high rate of health insurance coverage at 81.7% contribute to a decent quality of life, which, when combined with the relatively low median property taxes of $1,225 and the diverse ethnic makeup of the population, including Black, White, and White Non-Hispanic communities, makes Roxboro an attractive location for investors looking for affordable properties with potential for renovation or rental income, particularly in areas with strong community ties and lower crime rates.
What role does demographic diversity play in the real estate investment landscape of Roxboro, NC?
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The demographic diversity of Roxboro, with top ethnicities including Black at 30.0%, White at 28.4%, and White Non-Hispanic at 25.9%, alongside a foreign born rate of 0.034, suggests a community with a strong local identity, which, when considered alongside the poverty rate of 37.1% and the median household income of $20,736, indicates a need for affordable and inclusive housing options, presenting an opportunity for investors to develop properties that cater to the diverse needs of the local population, potentially leveraging the stability offered by the city's top industries and commute infrastructure.
Roxboro NC Real Estate & City Facts
Key facts and real estate information about Roxboro NC.
What are some of the best neighborhoods to live in Roxboro?
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Some of the best neighborhoods to live in Roxboro include Madison, which is a quiet and family-friendly area with mature trees and a welcoming atmosphere. Other desirable areas tend to be in the southwest parts of the city, while more affordable homes can be found in the north regions.
What are some fun things to do in Roxboro?
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There are plenty of fun things to do in Roxboro, such as visiting the Tunnel Creek Vineyards, exploring the Mayo Lake Park, and checking out the Person County Museum of History. You can also explore the historic buildings in Uptown Roxboro, take a guided tour, or try the Quilt Trail or Museum of History.
What is the food scene like in Roxboro?
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The food scene in Roxboro is diverse and offers a range of options, including Southern cuisine at The Open Kettle, Mexican food at La Cocina, and American fare at Brookland Eats. There are also plenty of great restaurants in Uptown Roxboro, such as 1792 Beer Company and American Hero Restaurant.
What are the pros and cons of living in Roxboro?
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The pros of living in Roxboro include its small-town charm, affordable housing, and convenient location. However, some cons include the limited job opportunities and lower median household income compared to other areas. Additionally, the town's rural location may make it difficult to access certain amenities or services.
Is Roxboro a good place to live?
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Roxboro can be a good place to live for those who value a small-town atmosphere and affordable living. While it may have its challenges, the town has a lot to offer, including a rich history, natural beauty, and a strong sense of community. Ultimately, whether or not Roxboro is a good place to live depends on your individual priorities and preferences.
⭐ 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 Roxboro NC Commercial Property: $20,736
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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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