Spring Creek, NV Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Spring Creek, Nevada Market population: 14K. 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 Spring Creek NV Properties: 87.0000%
⭐ 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 Spring Creek NV
Common questions from investors exploring commercial real estate in Spring Creek NV.
What's the overall investment potential of Spring Creek, NV?
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With a median household income of $90,158 and a relatively low poverty rate of 6.3%, Spring Creek presents a stable investment market, further supported by its high health insurance coverage of 94.3% and diverse top industries including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing.
How does the commute time impact the rental market in Spring Creek?
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The average commute time of 48.0 minutes, although somewhat lengthy, is mitigated by the top commute methods which include Drove Alone, Carpooled, and Public Transit, suggesting a functional infrastructure for renters, and when combined with the high employment rate of 7,148 and low poverty rate, indicates a stable tenant base.
What role does ethnic diversity play in the demand for real estate in Spring Creek?
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The top ethnicities, including White (46.9%), White Non-Hispanic (44.5%), and Hispanic (4.4%), contribute to a diverse community, which, coupled with a foreign-born rate of 2.6%, may drive demand for specific types of housing, and with the median property value at $217,000, presents opportunities for targeted investments.
How does the income inequality and poverty rate affect the quality of tenants in Spring Creek?
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The GINI coefficient of 0.33, indicating moderate income inequality, combined with a poverty rate of 6.3% and high health insurance coverage of 94.3%, suggests a working-class market with employment stability, which can lead to reliable tenants and lower vacancy rates for investors.
What are the implications of the high homeownership rate for real estate investors in Spring Creek?
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The high homeownership rate of 87.6%, along with a median property value of $217,000 and median property taxes of $3,846, implies a strong preference for owning over renting, which may impact rental yields, but the diverse economy with top industries like Manufacturing and Finance & Insurance, & Real Estate & Rental & Leasing, could support a stable and growing rental market.
Spring Creek NV Real Estate & City Facts
Key facts and real estate information about Spring Creek NV.
What are some of the best neighborhoods to live in Spring Creek?
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Some of the best neighborhoods to live in Spring Creek include the peaceful and rural areas near the South Fork State Recreation Area and Main City Park. These neighborhoods are known for being dog and family-friendly, with clean and open spaces. You can also consider the areas near the Spring Creek Golf Course for a more scenic view.
What are some fun things to do in Spring Creek?
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There are plenty of fun things to do in Spring Creek, including visiting the South Fork State Recreation Area, playing a round of golf at the Spring Creek Golf Course, and exploring the nearby Lamoille Canyon. You can also check out the Underground Nightclub for some evening entertainment or visit the Dotty's Casino for a chance to win big.
What is the food scene like in Spring Creek?
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The food scene in Spring Creek is a mix of local restaurants and bars, including the Cross Eyed Goat Bar & Grill, which serves up hearty meals and has a selection of drinks. There are also plenty of great food trucks and restaurants in the nearby city of Elko, such as the Star Hotel, McAdoo's, and Odeh's Mediterranean Restaurant, which offer a range of cuisines and dining options.
What are the pros and cons of living in Spring Creek?
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The pros of living in Spring Creek include its peaceful and rural setting, with plenty of opportunities for outdoor recreation and scenic views. However, some of the cons include the limited job opportunities and amenities compared to larger cities, and the need to travel to nearby cities for certain services and entertainment. Overall, Spring Creek is a great option for those who value a quiet and natural lifestyle.
Is Spring Creek a good place to live?
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Spring Creek can be a great place to live for those who value a peaceful and rural lifestyle, with plenty of opportunities for outdoor recreation and scenic views. While it may not have all the amenities and job opportunities of a larger city, it has a strong sense of community and a unique charm that makes it an attractive option for many people. Ultimately, whether or not Spring Creek 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 Spring Creek NV Commercial Property: $90,158
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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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