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Star, ID Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Star, Idaho Market population: 6K. Explore income-producing properties with verified cap rates and operating...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Star ID Properties: 0.2900%

πŸ“Š Average Income For Star ID Commercial Property: $63,503

Investor Questions For Star ID

Common questions from investors exploring commercial real estate in Star ID.

What's the overall investment outlook for Star, ID, considering its demographics and economy? +
With a median household income of $63,503 and a relatively low poverty rate of 7.5%, Star, ID, presents a stable investment market, further supported by its diverse top industries, including Information, Finance & Insurance, and Public Administration, which cater to a broad range of professionals, including those from the 46.5% White and 44.5% White Non-Hispanic populations.
How does the commute time and health insurance coverage impact the quality of life for renters in Star, ID? +
The average commute time of 26.8 minutes, combined with a high health insurance coverage rate of 92.2%, suggests a good quality of life for renters, indicating a stable and healthy workforce, which is beneficial for real estate investors looking for reliable tenants, especially in a market with a strong workforce in industries like Finance & Insurance and Public Administration.
What role does ethnic diversity play in the demand for real estate in Star, ID? +
The ethnic diversity in Star, ID, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, which can drive demand for real estate, especially considering the city's low poverty rate of 7.5% and high median household income of $63,503, making it an attractive location for a diverse range of residents and investors alike.
How do the median property value and property taxes influence the real estate investment potential in Star, ID? +
With a median property value of $163,600 and median property taxes of $1,491, Star, ID, offers a relatively affordable investment opportunity, especially when considering the 80.6% homeownership rate and the presence of top industries like Information and Finance & Insurance, which can support a strong rental market and potential for long-term property appreciation.
What insights can be gleaned from the income inequality and employment rates for real estate investors in Star, ID? +
The GINI coefficient of 0.297, indicating relatively low income inequality, combined with an employed population of 2,494 and a poverty rate of 7.5%, suggests a stable and equitable economic environment, which is favorable for real estate investors, as it points to a workforce with stable incomes, contributing to a reliable rental market and potential for property value growth, especially in a city with diverse industries like Public Administration and Real Estate & Rental & Leasing.

Star ID Real Estate & City Facts

Key facts and real estate information about Star ID.

What are some of the best neighborhoods to live in Star? +
Some of the best neighborhoods to live in Star, ID, include Heron River, The Lakes At Pristine Meadows, Alderbrook, Starcreek, and Roselands. These neighborhoods offer a range of housing options, from single-family homes to townhouses and apartments, and are known for their beautiful landscaping, community amenities, and convenient access to local parks and trails.
What are some fun things to do in Star? +
There are plenty of fun things to do in Star, ID, including visiting Freedom Park, which features ponds, walking trails, and plenty of outdoor recreational activities. You can also check out Hunters Creek Sports Park, Blake Haven Park, Sol Invictus Vineyard, River Birch Golf Course, and Helina Marie's Wine Bar. If you're looking for more adventure, you can head to Eagle Island State Park, Zip Boise, or The Haunted World.
What is the food scene like in Star? +
The food scene in Star, ID, is a charming mix of local cafes, family-owned eateries, and restaurants with American and international cuisine. Some popular spots include Gourmet Coffee & Baked Goods, Cozy, Community-Oriented, Proof Craft Kitchen and Cocktails, Taphouse Pub & Eatery, and Rare Steakhouse. There are also plenty of great food trucks and local farmers' markets to explore.
What are the pros and cons of living in Star? +
The pros of living in Star, ID, include its beautiful natural surroundings, outdoor recreational opportunities, and strong sense of community. However, some cons include the limited job market, higher cost of living, and limited public transportation options. Overall, Star is a great place to live for those who value a small-town atmosphere and easy access to nature.
Is Star a good place to live? +
Star, ID, is a great place to live for those who value a small-town atmosphere, outdoor recreational opportunities, and a strong sense of community. While it may have some limitations, such as a limited job market and higher cost of living, the town's natural beauty, friendly residents, and growing food scene make it an attractive option for families, retirees, and young professionals alike.
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