Spring Lake Park, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Spring Lake Park, Minnesota Market population: 86K. 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 Spring Lake Park MN Properties: 1.1700%
⭐ 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 Lake Park MN
Common questions from investors exploring commercial real estate in Spring Lake Park MN.
What's the overall investment outlook for Norwalk, CT?
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With a median household income of $74,728 and a relatively low poverty rate of 9.4%, Norwalk, CT presents a stable investment market, further supported by its high health insurance coverage rate of 84.7% and a strong employment base in finance, insurance, and real estate.
How does the demographic diversity impact rental demand in Norwalk?
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The ethnic diversity, with White, White Non-Hispanic, and Hispanic populations being prominent, combined with a median age of 41.3, suggests a broad rental market appeal, while the top industries like finance and information suggest a demand for housing from professionals.
What are the key factors influencing market stability in Norwalk, CT?
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The 24.4-minute average commute time, high usage of public transit, and a significant portion of the population working from home indicate good infrastructure and flexibility, contributing to market stability, especially when considered alongside the low poverty rate and high health insurance coverage.
How does the economic inequality and property values affect investment decisions?
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The Gini coefficient of 0.483 suggests a moderate level of economic inequality, but when paired with a high median property value of $424,200 and significant median property taxes of $23,095, it indicates a market with substantial investment potential, particularly for those looking at rental yields or property appreciation.
What insights can be gleaned from the commute methods and health insurance rates for tenant quality?
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The combination of a short average commute time, prevalent use of public transit, and a high health insurance rate of 84.7% suggests a tenant base with stable employment and access to healthcare, which can contribute to a lower risk of late payments and higher tenant retention rates, making for a more attractive investment proposition.
Spring Lake Park MN Real Estate & City Facts
Key facts and real estate information about Spring Lake Park MN.
What are some of the best neighborhoods to live in Spring Lake Park?
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Some of the best neighborhoods to live in Spring Lake Park include the area around Evergreen and Palmer Lake Park, which is known for being a nice area with affordable homes and nice parks. Additionally, the Spring Lake Park Reserve is a scenic area that overlooks the Mississippi River and offers a range of outdoor activities.
What are some fun things to do in Spring Lake Park?
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There are plenty of fun things to do in Spring Lake Park, including visiting the Spring Lake Park Reserve, which offers hiking trails, a playground, and stunning views of the Mississippi River. You can also check out the Game Show Battle Rooms, Rivershore Aquariums, or take a helicopter tour with MN Helicopters. For families, the Spring Lake Park Reserve is a great place to spend the day, with a playground, picnic areas, and plenty of space to run around.
What is the food scene like in Spring Lake Park?
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The food scene in Spring Lake Park is varied and delicious, with plenty of options to suit every taste. For a unique dining experience, check out Cabana Anna's, which offers stunning lake views and a range of menu options. You can also try Vitalist Fresh, which serves up healthy and flavorful dishes. There are also plenty of great food trucks and casual eateries in the area, so you're sure to find something that suits your mood and budget.
What are the pros and cons of living in Spring Lake Park?
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The pros of living in Spring Lake Park include its scenic location, with plenty of parks and outdoor spaces to enjoy. The area is also known for being family-friendly, with good schools and a range of activities for kids. However, some cons of living in Spring Lake Park include the fact that it can be a bit of a commute to get to other parts of the city, and traffic can be heavy at times. Additionally, some areas of the city may be prone to flooding, so it's worth doing your research before deciding where to live.
Is Spring Lake Park a good place to live?
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Overall, Spring Lake Park is a great place to live, with its scenic location, family-friendly atmosphere, and range of outdoor activities. While there may be some drawbacks to consider, such as commute times and potential flooding, the pros definitely outweigh the cons. With its good schools, affordable housing, and plenty of things to see and do, Spring Lake Park is a great choice for families, young professionals, and anyone looking for a relaxed and welcoming community.
⭐ 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 Lake Park MN Commercial Property: $74,728
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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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