Tuttle, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Tuttle, North Dakota Market population: 7K. 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 Tuttle OK Properties: 1.1300%
⭐ 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 Tuttle OK
Common questions from investors exploring commercial real estate in Tuttle OK.
What's the overall investment potential of Tuttle, OK, considering its demographic and economic indicators?
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The town's relatively low poverty rate of 10.3% combined with a high health insurance coverage of 88.2% suggests a stable and employed population, making it an attractive market for investors. With a median household income of $62,311 and top industries in retail trade, healthcare, and accommodation & food services, there's a diverse range of employment opportunities. The median property value of $143,400 and median property taxes of $1,244 also indicate a relatively affordable housing market.
How does the town's ethnic diversity and industry landscape impact market demand for real estate investments?
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Tuttle's ethnic diversity, with a majority of White (83.1%) and significant presence of American Indian (4.5%) and Hispanic (4.3%) populations, contributes to a culturally rich community. The top industries in retail trade, healthcare, and accommodation & food services drive demand for housing and commercial spaces, particularly with the town's relatively low poverty rate of 10.3% and high employment rate. This diversity and industry mix can lead to a stable and growing market for real estate investments.
What are the implications of Tuttle's commute times and transportation methods on the quality of life for residents and potential tenants?
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The average commute time of 29.4 minutes in Tuttle, with a majority of residents driving alone or carpooling, indicates a relatively convenient and accessible location. This, combined with a high health insurance coverage rate of 88.2% and low poverty rate of 10.3%, suggests a good quality of life for residents. For investors, this means a potentially lower turnover rate and more stable rental income, as tenants are likely to appreciate the town's amenities and accessibility.
How does the town's homeownership rate and property values affect the rental market and investment opportunities?
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With a high homeownership rate of 74.1%, Tuttle's rental market may be relatively smaller, but still presents opportunities for investors. The median property value of $143,400 and median property taxes of $1,244 make it an attractive market for buyers and renters alike. Considering the town's low poverty rate of 10.3%, high employment rate, and diverse industry landscape, investors can capitalize on the demand for rental properties, particularly in the retail trade, healthcare, and accommodation & food services sectors.
What role do health insurance coverage and income levels play in assessing the quality and stability of potential tenants in Tuttle, OK?
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The high health insurance coverage rate of 88.2% in Tuttle, combined with a median household income of $62,311 and low poverty rate of 10.3%, suggests a relatively stable and secure population. This is further reinforced by the town's diverse industry landscape and low Gini coefficient of 0.419, indicating a relatively equal distribution of income. For investors, this means a lower risk of tenant default and a more stable rental income stream, as tenants are more likely to have a steady income and access to healthcare.
Tuttle OK Real Estate & City Facts
Key facts and real estate information about Tuttle OK.
What are some of the best neighborhoods to live in Tuttle?
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Some of the best neighborhoods to live in Tuttle include Garden Ridge/Bridgecreek, which is known for its peaceful and rural atmosphere, and Tuttle Northeast, which is considered one of the best neighborhoods for families in Oklahoma. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Tuttle?
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Unfortunately, I was unable to find much information about things to do in Tuttle, but there are a few restaurants and shops in the area, including Lupita's Restaurant, which serves Mexican and American food, and Braum's dairy, which offers tours.
What is the food scene like in Tuttle?
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The food scene in Tuttle includes a variety of restaurants, such as Jamie Jo's Restaurant, Ken's Steaks & Ribs, Trevino's Mexican Restaurant, and Lupita's Restaurant, which serves Mexican and American food. There are also places like Tuttle Slice House, which offers pizza delivery and pickup.
What are the pros and cons of living in Tuttle?
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The pros of living in Tuttle include its peaceful and rural atmosphere, with neighborhoods like Garden Ridge/Bridgecreek being desirable for families. However, one of the cons is that there may not be as many things to do or attractions in the area compared to larger cities. Additionally, some areas may be more affordable than others, with the west parts of the city tend to be more desirable and the central regions being more affordable.
Is Tuttle a good place to live?
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Tuttle can be a good place to live for those who value a peaceful and rural atmosphere, with desirable neighborhoods like Garden Ridge/Bridgecreek and Tuttle Northeast. However, it may not be the best fit for those who are looking for a more vibrant city life with many attractions and things to do. Ultimately, it depends on individual preferences and priorities.
⭐ 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 Tuttle OK Commercial Property: $62,311
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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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