Cape Girardeau, MO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cape Girardeau, Missouri Market population: 38K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Cape Girardeau MO Properties: 0.9700%
⭐ 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 Cape Girardeau MO
Common questions from investors exploring commercial real estate in Cape Girardeau MO.
What's the overall investment potential of Cape Girardeau, MO?
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The city's 23.0% poverty rate and $41,060 median household income suggest a working-class market, but the 90.2% health insurance coverage and 14.7-minute average commute time indicate a relatively stable employment environment, making it an attractive option for investors looking for affordable housing opportunities.
How does the local economy impact real estate investment in Cape Girardeau?
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The top industries, including Information, Finance & Insurance, and Agriculture, contribute to a diverse economy, while the 0.48 GINI coefficient and 23.0% poverty rate highlight income inequality; however, the 54.0% homeownership rate and $130,400 median property value suggest a relatively stable housing market.
What role does ethnic diversity play in shaping the local real estate market?
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The city's ethnic diversity, with 44.1% White, 43.1% White Non-Hispanic, and 7.4% Black populations, contributes to a vibrant community, and when combined with the 4.8% foreign born rate, it may attract investors looking for culturally diverse and potentially high-growth areas.
How do quality-of-life metrics, such as commute time and health insurance coverage, impact market stability?
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The 14.7-minute average commute time and 90.2% health insurance coverage suggest a high level of quality of life, which can contribute to a stable and attractive rental market, as renters often prioritize convenient transportation options and access to healthcare.
What are the implications of the city's demographics and employment rates for real estate investors?
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The city's 31.9 median age, 18,117 employed population, and $41,060 median household income indicate a relatively young and working-class population, which, when combined with the 23.0% poverty rate, may present opportunities for investors to provide affordable housing options and capitalize on the growing demand for rental properties.
Cape Girardeau MO Real Estate & City Facts
Key facts and real estate information about Cape Girardeau MO.
What are some of the best neighborhoods to live in Cape Girardeau?
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Some of the best neighborhoods to live in Cape Girardeau include the North and West sides of town, with areas like Oak Ridge being a cute little town with a great community and supportive neighborhood. Additionally, Pear Tree Apartments on the north end of town are not bad, and housing options depend on budget.
What are some fun things to do in Cape Girardeau?
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There are plenty of fun things to do in Cape Girardeau, including visiting the Cape Girardeau Conservation Nature Center, checking out the Missouri Wall of Fame, exploring antique stores, and enjoying wineries and vineyards. You can also visit the Riverboat Dockings, go shopping, or have family fun at one of the many parks and trails.
What is the food scene like in Cape Girardeau?
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The food scene in Cape Girardeau is diverse, with over 140 dining options ranging from cozy coffee shops to upscale steakhouses. Some popular restaurants include Mary Jane bourbon + smokehouse, Broussard's Cajun Cuisine, and The Pilot House. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Cape Girardeau?
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The pros of living in Cape Girardeau include its great community, supportive neighborhoods, and plenty of fun things to do. However, some cons include a higher poverty rate and income inequality. Overall, Cape Girardeau is a great place to live for those who value a strong sense of community and a variety of activities to enjoy.
Is Cape Girardeau a good place to live?
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Yes, Cape Girardeau is a good place to live, offering a great balance of community, activities, and affordability. While it has its challenges, the city's friendly atmosphere, beautiful parks, and growing food scene make it an attractive option for those looking to relocate or visit.
⭐ 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 Cape Girardeau MO Commercial Property: $41,060
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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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