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Salida, CO Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Salida, Colorado Market population: 15K. Explore income-producing properties with verified cap rates and operating...

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πŸ“Š Average Cap Rate For Salida CA Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

πŸ“Š Avg Property Tax Rate For Salida CA Properties: 1.6200%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Salida CA

Common questions from investors exploring commercial real estate in Salida CA.

What's the overall investment potential of Salida, CA, considering its demographics and economy? +
With a median household income of $70,763 and a relatively low poverty rate of 8.8%, Salida, CA, presents a stable investment market, further strengthened by its diverse population, including White, Hispanic, and White Non-Hispanic communities, and a strong employment base in public administration, professional services, and finance.
How does the commute time and health insurance coverage impact the quality of life for renters in Salida, CA? +
The average commute time of 30.5 minutes, combined with a high health insurance coverage rate of 93.7%, suggests a good quality of life for renters, indicating a stable and healthy workforce, which is attractive for real estate investors looking for reliable tenants.
What role does ethnic diversity and top industries play in determining market demand for real estate in Salida, CA? +
The ethnic diversity, with top ethnicities including White, Hispanic, and White Non-Hispanic, contributes to a vibrant community, while top industries like public administration, professional services, and finance & insurance drive demand for housing, making Salida, CA, an attractive location for real estate investment.
How do poverty rates and health insurance coverage interact to assess tenant quality in Salida, CA? +
The 8.8% poverty rate, when considered alongside the 93.7% health insurance coverage, indicates a market with a significant portion of the population in stable employment, suggesting reliable tenants and a lower risk for investors, as health insurance coverage is often a marker of employment stability.
What insights can be gleaned from the homeownership rate, median property value, and commute methods for real estate investment in Salida, CA? +
A high homeownership rate of 75.2%, a median property value of $178,100, and commute methods that include driving alone, carpooling, and working from home, suggest a suburban community with a strong preference for owning homes, which can influence rental demand and property appreciation, making it essential for investors to consider these factors when evaluating investment opportunities in Salida, CA.

Salida CA Real Estate & City Facts

Key facts and real estate information about Salida CA.

What are some of the best neighborhoods to live in Salida? +
Some of the best neighborhoods to live in Salida include Historic Salida, which is a quiet and family-friendly area with charming older homes and tree-lined streets. Other neighborhoods to consider are those in the Northern part of Modesto or the newer areas in Salida, which offer a range of housing options and a peaceful atmosphere.
What are some fun things to do in Salida? +
There are plenty of fun things to do in Salida, including visiting the Tapped Apple Cider brewery, exploring the Segesta Park and John Murphy Park, and checking out the Ruby Blues speciality store. You can also try hiking at Waterdog Lakes Trail or take a boat charter at Riptide Charters. Additionally, the USS Potomac is a great spot to visit for some history and culture.
What is the food scene like in Salida? +
The food scene in Salida is diverse and offers a range of options, including Chinese cuisine at Golden Bowl, American food at Mike's Grillhouse, and breakfast options at Matriarch Cafe. There are also plenty of great food trucks and restaurants in the area, such as Huckleberry's and Fat Boy Roasted, that serve up delicious meals. Whether you're in the mood for something classic or adventurous, Salida has something for everyone.
What are the pros and cons of living in Salida? +
The pros of living in Salida include its peaceful and quiet atmosphere, range of housing options, and access to outdoor activities such as hiking and boating. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in California. Additionally, traffic and commute times can be a challenge, especially during rush hour. Overall, Salida is a great option for those looking for a relaxed and family-friendly community, but it may not be the best fit for everyone.
Is Salida a good place to live? +
Salida can be a great place to live for those who value a peaceful and quiet atmosphere, outdoor activities, and a strong sense of community. While it may have some drawbacks, such as limited job opportunities and higher cost of living, the pros can outweigh the cons for many people. Ultimately, whether Salida is a good place to live depends on your individual priorities and lifestyle. If you're looking for a relaxed and family-friendly community with plenty of opportunities to get outside and enjoy nature, Salida may be an excellent choice.

πŸ“Š Average Income For Salida CA Commercial Property: $70,763

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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