Callaway, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Callaway, Minnesota Market population: 14K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Callaway FL Properties: 2.4000%
⭐ 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 Callaway FL
Common questions from investors exploring commercial real estate in Callaway FL.
What's the overall investment potential of Callaway, FL, considering its demographics and economy?
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Callaway's median household income of $48,876, combined with a relatively low poverty rate of 13.9% and a high health insurance coverage rate of 83.7%, suggests a stable market with a strong potential for rental income. The city's diverse economy, with top industries including manufacturing, public administration, and finance, supports a broad range of job opportunities, which can attract a wide range of tenants.
How does the city's commute time and transportation infrastructure impact the quality of life for residents and potential tenants?
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The average commute time of 22.2 minutes in Callaway is relatively short, indicating a well-planned transportation infrastructure, which is further supported by the top commute methods being driving alone, carpooling, and working from home. This, combined with a high health insurance coverage rate of 83.7%, suggests a high quality of life for residents, making it an attractive location for potential tenants and thus a viable investment opportunity.
What role does ethnic diversity play in the demand for real estate in Callaway, and how might it affect investment?
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Callaway's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a culturally rich and potentially vibrant community. This diversity, coupled with a foreign-born rate of 4.3%, can lead to a demand for housing that accommodates a variety of lifestyles and preferences, presenting investors with opportunities to cater to different demographic groups and thus potentially increasing demand for real estate.
How do the poverty rate and health insurance coverage in Callaway impact the assessment of tenant quality and market stability?
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The poverty rate of 13.9% in Callaway, although relatively low, when considered alongside the high health insurance coverage rate of 83.7%, suggests a market with a significant portion of the population having access to employment and healthcare. This combination indicates a level of stability and reliability among potential tenants, as those with health insurance are more likely to have stable employment, thereby reducing the risk for investors.
What insights can be gleaned from the city's homeownership rate, median property value, and top industries for real estate investment strategies?
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Callaway's homeownership rate of 61.2%, median property value of $138,900, and diverse top industries including manufacturing, public administration, and finance, suggest a balanced market with opportunities for both rental properties and owner-occupied homes. The relatively affordable median property value, compared to other areas, could make Callaway an attractive location for first-time homebuyers and investors looking to capitalize on rental income, especially considering the city's economic diversity and stability.
Callaway FL Real Estate & City Facts
Key facts and real estate information about Callaway FL.
What are some of the best neighborhoods to live in Callaway?
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Some of the best neighborhoods to live in Callaway include Bridge Harbour, which is known for being a great neighborhood with a growing community and plenty of amenities. Other neighborhoods, such as those near Tyndall Parkway, are also popular for their family-friendly atmosphere and proximity to local attractions.
What are some fun things to do in Callaway?
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There are plenty of fun things to do in Callaway, including visiting the Holmes Creek Canoe Livery, exploring the local farmers market, and checking out the Rage Cage. You can also head to nearby Panama City Beach for more activities, such as visiting Shell Island or taking a charter boat tour.
What is the food scene like in Callaway?
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The food scene in Callaway is diverse and delicious, with plenty of great restaurants to choose from. Some popular spots include WS Crab House, Gary's Oyster Shack, and Dawghouse. You can also find some amazing seafood at The Grand Marlin Restaurant & Oyster Bar, which overlooks a scenic lagoon.
What are the pros and cons of living in Callaway?
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One of the pros of living in Callaway is its family-friendly atmosphere and growing community, with plenty of amenities and activities to enjoy. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, some areas of Callaway may be prone to flooding or other natural disasters, so it's essential to research and prepare accordingly.
Is Callaway a good place to live?
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Overall, Callaway can be a great place to live, offering a mix of small-town charm and access to bigger city amenities. While it may have its drawbacks, the community is growing and evolving, with plenty of opportunities for outdoor recreation, cultural events, and delicious food. As with any place, it's essential to weigh the pros and cons and consider your individual needs and preferences before deciding if Callaway is the right fit for you.
⭐ 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 Callaway FL Commercial Property: $48,876
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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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