Vine Grove, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Vine Grove, Kentucky Market population: 5K. 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 Vine Grove KY Properties: 0.9300%
⭐ 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 Vine Grove KY
Common questions from investors exploring commercial real estate in Vine Grove KY.
What's the overall investment outlook for Vine Grove, KY?
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With a median household income of $54,125 and a relatively low poverty rate of 7.0%, Vine Grove presents a stable investment market, further supported by a high health insurance coverage rate of 93.6% and a short average commute time of 21.6 minutes, indicating a reliable and healthy workforce.
How does the local economy impact rental demand?
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The top industries in Vine Grove, including Public Administration and Manufacturing, contribute to a diverse economy, while the median property value of $121,200 and median property taxes of $1,569 suggest affordable housing options, which, combined with the 70.8% homeownership rate, may influence rental demand and attract a mix of renters and buyers from various ethnic backgrounds, such as White and Black populations.
What are the implications of the city's demographic and economic data for real estate investors?
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The city's median age of 40.8, combined with its employed population of 1,964 and low poverty rate, suggests a stable and potentially growing market, while the GINI coefficient of 0.396 indicates a moderate level of income inequality, which investors should consider when assessing the local rental market and potential for property appreciation.
How does the commute time and transportation infrastructure affect the quality of life for residents and investors?
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The average commute time of 21.6 minutes and top commute methods, including driving alone and carpooling, indicate a relatively convenient and accessible location, which, paired with a high health insurance coverage rate of 93.6%, contributes to an attractive quality of life for residents and a stable environment for investors to consider.
What role does ethnic diversity play in shaping the local real estate market?
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The diverse ethnic makeup of Vine Grove, with top ethnicities including White, White Non-Hispanic, and Black populations, can contribute to a vibrant and dynamic community, potentially influencing local market demand and trends, especially when considered alongside the city's top industries and economic indicators, such as the median household income of $54,125 and poverty rate of 7.0%.
Vine Grove KY Real Estate & City Facts
Key facts and real estate information about Vine Grove KY.
What are some of the best neighborhoods to live in Vine Grove?
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I couldn't find specific information about the best neighborhoods to live in Vine Grove, KY. However, Vine Grove has a population of around 5,043 people and a median household income of $54,125. The city has a mix of old and new homes, and some areas are more desirable than others due to factors like school districts and commute times.
What are some fun things to do in Vine Grove?
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There are several fun things to do in Vine Grove, KY. You can visit the Saunders Springs Nature Preserve, explore the City of Vine Grove, or check out the Boundary Oak Distillery. If you're looking for something more adventurous, you can head to the Squire Boone Caverns or the Worlds Largest Pocketknife. For some family-friendly fun, you can visit the Blazer's Fun Zone or the Otter Creek Tavern.
What is the food scene like in Vine Grove?
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The food scene in Vine Grove, KY is diverse and offers a range of options. You can find everything from classic American cuisine to Southern comfort food, and even some international options. Some popular restaurants in the area include the Otter Creek Tavern, Dee Dee Delicious Dine N Dash, and Beer Belly. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Vine Grove?
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The pros of living in Vine Grove, KY include its small-town charm, friendly community, and affordable cost of living. The city also has a low poverty rate and a high homeownership rate. However, some cons of living in Vine Grove include its limited job opportunities and lack of public transportation. Additionally, the city's population is relatively small, which can make it difficult to find certain amenities or services.
Is Vine Grove a good place to live?
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Whether or not Vine Grove, KY is a good place to live depends on your individual preferences and priorities. If you're looking for a small, tight-knit community with a low cost of living, Vine Grove might be a great fit. However, if you're looking for a more urban lifestyle with plenty of job opportunities and amenities, you might want to consider a different city. Overall, Vine Grove has a lot to offer, but it's not for everyone.
⭐ 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 Vine Grove KY Commercial Property: $54,125
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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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