Carthage, SD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Carthage, South Dakota Market population: 14K. Compare commercial properties across all major asset classes...
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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 Carthage MO Properties: 0.9500%
⭐ 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 Carthage MO
Common questions from investors exploring commercial real estate in Carthage MO.
What's the overall investment potential of Carthage, MO, considering its demographic and economic factors?
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The 30.5% poverty rate and $31,877 median household income in Carthage, MO, suggest a challenging market, but the 78.4% health insurance coverage and 15.6-minute average commute time indicate a relatively stable workforce, which could be attractive for investors looking for affordable rental properties, especially given the top industries in Public Administration and Finance & Insurance.
How does the ethnic diversity and industry mix in Carthage, MO, impact the demand for housing and rentals?
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The diverse population with top ethnicities being White, White Non-Hispanic, and Hispanic, combined with the presence of industries like Professional, Scientific, & Management, and Administrative & Waste Management Services, suggests a steady demand for housing, which is further supported by the 53.1% homeownership rate and the relatively low median property value of $86,200.
What are the implications of the poverty rate and health insurance coverage on tenant quality and rental yield in Carthage, MO?
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The 30.5% poverty rate combined with 78.4% health insurance coverage suggests a working-class market with some employment stability, which could lead to a relatively consistent rental yield, especially considering the low median property taxes of $2,769 and the short average commute time of 15.6 minutes, making it easier for tenants to maintain employment and pay rent.
How do the commute times and methods in Carthage, MO, affect the quality of life for residents and potential tenants?
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The short average commute time of 15.6 minutes, with top commute methods being driving alone, carpooling, and working from home, indicates a high quality of life with less stress from commuting, which could attract more tenants and support a stable rental market, especially when combined with the relatively low median property value and diverse industry base.
What role does the GINI coefficient and median household income play in assessing the investment risk in Carthage, MO?
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The GINI coefficient of 0.471, indicating moderate income inequality, combined with the median household income of $31,877, suggests that while there are economic challenges in Carthage, MO, the presence of a sizable employed population of 4,970 and a diverse economy could mitigate some investment risks, making it a potentially viable market for real estate investment, especially for those targeting the affordable housing segment.
Carthage MO Real Estate & City Facts
Key facts and real estate information about Carthage MO.
What are some of the best neighborhoods to live in Carthage?
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Some of the best neighborhoods to live in Carthage include Oak Street, which is known for its peaceful and clean environment, and beautiful bird sightings. Other neighborhoods like Carl Junction and Webb City are also popular, but it's worth noting that Carthage's test scores are skewed. Ultimately, the best neighborhood for you will depend on your individual preferences and priorities.
What are some fun things to do in Carthage?
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There are plenty of fun things to do in Carthage, including visiting the Precious Moments Park, Red Oak II, and the Civil War Museum. You can also explore the city's Victorian architecture, take a stroll down Route 66, and check out the numerous shopping venues and friendly neighborhoods. If you're looking for something more adventurous, there are plenty of awesome hikes and tours to discover.
What is the food scene like in Carthage?
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The food scene in Carthage is vibrant and reflects the warmth and hospitality of its residents. You can find mouthwatering Mexican fare at places like Taqueria Los Compas and Mis Arcos Mexican Restaurant, or try some hearty American breakfasts at Iggy's Diner or The Woodshed. There are also plenty of great food trucks and restaurants serving up Southern hospitality and Bayou-style food favorites like fried catfish and BBQ.
What are the pros and cons of living in Carthage?
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The pros of living in Carthage include its affordable cost of living, beautiful architecture, and friendly community. However, some cons include the city's limited job opportunities and lower median household income compared to other cities. Additionally, the city's poverty rate is relatively high, and some areas may have higher crime rates. Ultimately, whether or not Carthage is a good fit for you will depend on your individual priorities and circumstances.
Is Carthage a good place to live?
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Carthage can be a great place to live for those who value a close-knit community, affordable cost of living, and a mix of old-time historic charm and new development. While it may not be the best fit for everyone, particularly those looking for high-paying job opportunities or a more urban lifestyle, Carthage has a lot to offer for families, retirees, and individuals who want to experience the warmth and hospitality of small-town America.
⭐ 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 Carthage MO Commercial Property: $31,877
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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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