Smithville, MS Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Smithville, Mississippi Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Smithville MO Properties: 1.1600%
⭐ 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 Smithville MO
Common questions from investors exploring commercial real estate in Smithville MO.
What's the overall investment potential of Smithville, MO?
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With a median household income of $69,205 and a relatively low poverty rate of 6.2%, Smithville presents a stable investment market, further reinforced by its high health insurance coverage of 95.6% and a strong employment base in industries like Finance & Insurance and Professional Services.
How does the local economy impact rental demand?
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The top industries in Smithville, including Finance & Insurance and Public Administration, contribute to a stable workforce, which, combined with the city's low poverty rate of 6.2% and high health insurance rate of 95.6%, suggests a reliable tenant base with the potential for consistent rental income.
What role does ethnic diversity play in the local real estate market?
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While Smithville's top ethnicities are predominantly White and White Non-Hispanic, the presence of a diverse population, including those of Two or More ethnicities, can contribute to a vibrant community, potentially attracting a broader range of residents and investors, especially when considered alongside the city's average commute time of 29.8 minutes and prevalent commute methods like driving alone and working from home.
How do quality of life metrics influence market stability?
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The average commute time of 29.8 minutes in Smithville, coupled with the high rate of health insurance coverage at 95.6%, indicates a good quality of life for residents, which can contribute to market stability and potentially higher property values over time, especially in a city with a median property value of $181,200 and a homeownership rate of 83.0%.
What are the implications of the city's demographic and economic data for real estate investors?
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Considering Smithville's median age of 36.5, low poverty rate of 6.2%, and significant employment in stable industries, investors may find a favorable environment for long-term investments, particularly when factoring in the city's median property taxes of $2,714 and the overall economic inequality measured by a GINI coefficient of 0.389, which suggests a relatively balanced distribution of wealth.
Smithville MO Real Estate & City Facts
Key facts and real estate information about Smithville MO.
What are some of the best neighborhoods to live in Smithville?
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Some of the best neighborhoods to live in Smithville include Downtown Smithville, which is known for its walkability and convenience, and other areas around Smithville Lake, which offer beautiful views and outdoor recreational opportunities.
What are some fun things to do in Smithville?
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There are plenty of fun things to do in Smithville, including visiting Smithville Lake, where you can enjoy boating, fishing, hiking, and swimming, as well as exploring the Smithville Main Street District, which features historic buildings, shops, and restaurants. You can also visit the Ladoga Ridge Winery or play a round of golf at one of the local courses.
What is the food scene like in Smithville?
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The food scene in Smithville is diverse and exciting, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include KoZak's Laketown Grill, Captain's Corner, and West Lake Chinese Restaurant, as well as newer additions like Gizmo's Tavern and Aroma bistro. 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 Smithville?
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The pros of living in Smithville include its small-town charm, beautiful natural surroundings, and convenient access to outdoor recreational opportunities. However, some cons include the town's relatively small size, which can limit job opportunities and entertainment options, as well as the potential for traffic and congestion in certain areas. Overall, Smithville is a great choice for those who value a close-knit community and easy access to nature.
Is Smithville a good place to live?
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Yes, Smithville is a good place to live, offering a unique blend of small-town charm and natural beauty. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, it is an excellent choice for families, outdoor enthusiasts, and those looking for a relaxed, community-oriented atmosphere. With its convenient location, good schools, and growing economy, Smithville is definitely worth considering for anyone looking to relocate to the area.
⭐ 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 Smithville MO Commercial Property: $69,205
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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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