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Warrensburg, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Warrensburg, Illinois Market population: 19K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Warrensburg MO Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Warrensburg MO Properties: 1.1100%

πŸ“Š Average Income For Warrensburg MO Commercial Property: $38,656

Investor Questions For Warrensburg MO

Common questions from investors exploring commercial real estate in Warrensburg MO.

What is the overall investment potential of Warrensburg, MO, considering its demographics and economy? +
Warrensburg, MO, with a population of 19,332 and a median age of 24.1, presents a unique investment opportunity, especially considering its top industries in Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, which could drive demand for housing. The median household income of $38,656, combined with a poverty rate of 23.3%, suggests a market with a mix of economic stability and challenges. Additionally, the high health insurance coverage rate of 90.9% indicates a relatively stable workforce, which could positively impact rental yields and property appreciation.
How does the city's commute time and transportation infrastructure affect its attractiveness to investors? +
The average commute time of 18.1 minutes in Warrensburg, MO, is relatively low, indicating good transportation infrastructure, which is a plus for investors. When combined with the top commute methods being driving alone, walking, and carpooling, it suggests a flexible and accessible city for residents, potentially increasing demand for properties in well-connected areas. This, along with the city's ethnic diversity, including a significant White and White Non-Hispanic population, could attract a broad range of tenants and buyers, stabilizing the market.
What insights can be gleaned from the city's housing market data for real estate investment? +
The median property value of $145,400 and median property taxes of $2,847 in Warrensburg, MO, offer a relatively affordable entry point for investors. The homeownership rate of 43.8% and rent burden of 30.4% suggest a balanced market where both buying and renting are viable options for residents, potentially offering investors a choice between rental income and long-term property appreciation. Considering the employed population of 8,806 and the top occupations in office and administrative support, sales, and management, there's a stable workforce that could support a healthy rental market.
How does the quality of life in Warrensburg, MO, impact its appeal to real estate investors? +
The quality of life in Warrensburg, MO, as indicated by an average commute time of 18.1 minutes, high health insurance coverage of 90.9%, and a relatively low unemployment rate of 4.2%, suggests a stable and attractive environment for residents. This stability, combined with the city's diversity and strong presence of industries like Public Administration and Finance & Insurance, could lead to consistent demand for housing, making it an appealing location for real estate investment. The average household size of 2.43 also points to potential demand for family-friendly housing options.
What role does ethnic diversity and industry mix play in assessing market demand and stability for real estate investment in Warrensburg, MO? +
The ethnic diversity in Warrensburg, MO, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community that could attract a wide range of investors and residents. The mix of top industries, including Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, indicates a diversified economy, which can help stabilize the market and ensure consistent demand for properties. This diversity, along with a GINI coefficient of 0.457, which suggests moderate income inequality, and a foreign-born rate of 3.8%, points to a dynamic market with opportunities for growth and investment in real estate.

Warrensburg MO Real Estate & City Facts

Key facts and real estate information about Warrensburg MO.

What are some of the best neighborhoods to live in Warrensburg? +
Some of the best neighborhoods to live in Warrensburg include Bristle Ridge, Green Acres, and Brookside. These neighborhoods offer a range of housing options and are known for their community-oriented vibes. Bristle Ridge is ranked as the number one best neighborhood to live in Warrensburg, with a high affordability score and friendly atmosphere. Green Acres and Brookside are also excellent choices for families, with spacious homes and a strong sense of community.
What are some fun things to do in Warrensburg? +
There are plenty of fun things to do in Warrensburg, including visiting Cave Hollow Park, playing golf at the Keth Memorial Golf Course-Mules National, and exploring the downtown area. You can also check out the Johnson County Historical Society, go hiking or fishing, or catch a movie at the B&B Theatres Warrensburg 10. For some family-friendly fun, head to Alley Cats for bowling, food, and games.
What is the food scene like in Warrensburg? +
The food scene in Warrensburg is diverse and delicious, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Heroes Restaurant and Pub, Players Restaurant, and Raging Bull Steakhouse. You can also find great Thai food at Sabai Thai Cuisine, or grab a bite to eat at Old Barney's or El Monterey. There are also plenty of great food trucks and cafes to explore.
What are the pros and cons of living in Warrensburg? +
Warrensburg is a charming college town with a lot to offer, but like any place, it has its pros and cons. On the plus side, Warrensburg has a low cost of living, a strong sense of community, and plenty of outdoor recreational opportunities. However, the town can be quiet and may not have as many job opportunities as larger cities. Additionally, some areas of town may have older housing stock or limited amenities. Overall, Warrensburg is a great choice for those who value a relaxed, small-town atmosphere and are willing to trade off some amenities for a more affordable lifestyle.
Is Warrensburg a good place to live? +
Whether or not Warrensburg is a good place to live depends on your individual priorities and preferences. If you're looking for a affordable, community-oriented town with plenty of outdoor recreation opportunities, Warrensburg may be an excellent choice. However, if you're seeking a more urban lifestyle with a wide range of job opportunities and cultural amenities, you may want to consider other options. Ultimately, Warrensburg is a great fit for those who value a relaxed, small-town atmosphere and are willing to trade off some amenities for a more affordable lifestyle.
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