Cary, MS High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cary, Mississippi Market population: 175K. Explore income-producing properties with verified cap rates and operating...
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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 Cary NC Properties: 0.7000%
⭐ 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 Cary NC
Common questions from investors exploring commercial real estate in Cary NC.
What makes Cary, NC an attractive market for real estate investment?
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The combination of a high median household income of $113,419, a low poverty rate of 4.5%, and a strong health insurance coverage rate of 95.1% suggests a stable and secure market for investors, with a diverse population including White, White Non-Hispanic, and Asian ethnicities.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in Cary, NC?
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The average commute time of 25.1 minutes, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure, which, when combined with a high employment rate of 90,419 and top industries like Professional, Scientific, & Management, & Administrative & Waste Management Services, suggests a strong and stable market.
What are the key factors to consider when evaluating the rental market in Cary, NC?
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The rental market in Cary, NC can be assessed by considering the median property value of $384,400, the median property taxes of $4,399, and the homeownership rate of 70.1%, which, when combined with the poverty rate of 4.5% and health insurance coverage rate of 95.1%, suggests a relatively stable and secure rental market with a strong potential for long-term appreciation.
How does the ethnic diversity and industry mix in Cary, NC impact the demand for housing and real estate investment?
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The diverse population of Cary, NC, including White, White Non-Hispanic, and Asian ethnicities, combined with top industries like Finance & Insurance, & Real Estate & Rental & Leasing, and Information (Group), suggests a strong and growing demand for housing, driven by a highly educated and skilled workforce, which can lead to a stable and appreciating real estate market.
What are the implications of the GINI coefficient and income inequality for real estate investment in Cary, NC?
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The GINI coefficient of 0.421, which indicates a moderate level of income inequality, combined with a high median household income of $113,419 and a low poverty rate of 4.5%, suggests that Cary, NC has a relatively stable and secure economy, with a strong potential for real estate appreciation and rental income, driven by a diverse and skilled workforce with a high level of health insurance coverage at 95.1%.
Cary NC Real Estate & City Facts
Key facts and real estate information about Cary NC.
What are some of the best neighborhoods to live in Cary?
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I couldn't find specific neighborhoods, but Cary has a lot to offer in terms of housing and community, with a mix of older and newer homes, and a range of prices. You can find more information on the town's website or by visiting in person.
What are some fun things to do in Cary?
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There are plenty of fun things to do in Cary, including visiting the USA Baseball National Training Complex, exploring the shops and restaurants in downtown Cary, and checking out the local parks like Fred G. Bond Metro Park and Hemlock Bluffs Nature Preserve. You can also catch a show or concert at one of the local venues, or attend one of the many festivals and events throughout the year, such as the Cary Dog Daze or the Diwali Celebration.
What is the food scene like in Cary?
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The food scene in Cary is diverse and delicious, with a range of options to suit every taste and budget. You can find everything from classic American comfort food to international cuisine, including Asian, Italian, and Mexican. Some popular restaurants include Corbett's Burgers & Soda Bar, Dame's Chicken & Waffles, and Lucky 32 Southern Kitchen. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Cary?
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The pros of living in Cary include its convenient location, with easy access to Raleigh and the rest of the Triangle area, a strong economy with plenty of job opportunities, and a high quality of life, with good schools, low crime, and plenty of amenities like parks and community events. However, some cons include the traffic and congestion, especially during rush hour, and the fact that it can be a bit pricey, especially when it comes to housing. Overall, Cary is a great place to live, but it's not perfect, and it's worth weighing the pros and cons before making a decision.
Is Cary a good place to live?
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Overall, Cary is a great place to live, with a lot to offer in terms of quality of life, amenities, and opportunities. It's a popular choice for families, young professionals, and retirees alike, and it's easy to see why. From its convenient location to its strong economy and high quality of life, Cary has a lot to offer. Of course, every place has its pros and cons, and Cary is no exception, but overall, it's a great choice for anyone looking for a comfortable, convenient, and enjoyable place to call home.
⭐ 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 Cary NC Commercial Property: $113,419
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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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