Boiling Spring Lakes, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Boiling Spring Lakes, North Carolina Market population: 6K. Explore income-producing properties with verified cap...
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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 Boiling Spring Lakes NC Properties: 2.7000%
⭐ 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 Boiling Spring Lakes NC
Common questions from investors exploring commercial real estate in Boiling Spring Lakes NC.
What's the overall investment potential of Boiling Spring Lakes, NC?
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The city's median household income of $63,419, combined with a relatively low poverty rate of 6.1% and high health insurance coverage of 92.1%, suggests a stable market with employment stability and access to healthcare, making it an attractive option for real estate investors, particularly given the dominant industries in Retail Trade, Accommodation & Food Services, and Public Administration.
How does the city's demographic diversity impact market demand?
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The top ethnicities, including White (83.1%), White Non-Hispanic (81.4%), and Hispanic (6.3%), indicate a diverse population, which, when combined with a foreign-born rate of 4.2%, suggests a potential for cultural and economic growth, driven by the top industries and a median property value of $233,400, making it an interesting market for investors looking to capitalize on demographic trends.
What are the key factors influencing the quality of life for residents and, by extension, renters?
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The average commute time of 29.4 minutes, with 85.5% of residents driving alone, indicates a relatively convenient transportation infrastructure, while the high health insurance coverage rate of 92.1% and low poverty rate of 6.1% suggest a stable and healthy community, which are crucial factors for attracting and retaining high-quality tenants and, consequently, maintaining a stable rental income for investors.
How does the local economy and employment landscape affect real estate investment?
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With a median household income of $63,419, an employed population of 3,039, and top industries in Retail Trade, Accommodation & Food Services, and Public Administration, the local economy appears to be diverse and relatively strong, which, when considered alongside the GINI coefficient of 0.423, indicating moderate income inequality, suggests that investors should focus on understanding the specific needs and trends within these industries to maximize their investment potential.
What role do housing market conditions play in determining the viability of real estate investments in Boiling Spring Lakes, NC?
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The median property value of $233,400, combined with a homeownership rate of 83.1% and median property taxes of $1,942, indicates a relatively stable and potentially growing housing market, which, when considered alongside the rental market's 16.9% share, suggests opportunities for both rental income and long-term property appreciation, particularly if investors can capitalize on the trends in the top industries and the city's demographic diversity.
Boiling Spring Lakes NC Real Estate & City Facts
Key facts and real estate information about Boiling Spring Lakes NC.
What are some of the best neighborhoods to live in Boiling Spring Lakes?
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Some of the best neighborhoods to live in Boiling Spring Lakes include the Highlands, Big Lake, and Vista Lee neighborhoods. Additionally, neighborhoods like Landfall, South Fort Fisher, Pelican Watch, and Shell Island Resort Hotel Condominiums are also popular.
What are some fun things to do in Boiling Spring Lakes?
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There are plenty of fun things to do in Boiling Spring Lakes, such as visiting Spring Lake Park, which is home to the best swimming lake in the town. You can also enjoy great golf, swimming, boating, water skiing, picnics, tennis, and some of the best freshwater fishing in the area. Additionally, you can check out the Broad River Greenway and Cowpens National Battlefield.
What is the food scene like in Boiling Spring Lakes?
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The food scene in Boiling Spring Lakes is diverse and offers a range of options. Some popular restaurants in the area include Mama C's Taqueria, Mimi's Sandwich Shack, Salt 64, Pepperoni Grill, and Fat Andy's Burger. You can also find great seafood options like Joe Loves Lobster Rolls.
What are the pros and cons of living in Boiling Spring Lakes?
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The pros of living in Boiling Spring Lakes include its beautiful natural surroundings, plenty of outdoor recreational activities, and a strong sense of community. However, some cons include the potential for hurricanes and flooding, as well as limited job opportunities and higher cost of living compared to other parts of the state.
Is Boiling Spring Lakes a good place to live?
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Boiling Spring Lakes can be a great place to live for those who value a relaxed, small-town atmosphere and plenty of outdoor recreational opportunities. While it may have some drawbacks, the town's natural beauty, strong community, and growing food scene make it an attractive option for many people.
⭐ 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 Boiling Spring Lakes NC Commercial Property: $63,419
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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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