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Cody, NE Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Cody, Nebraska Market population: 10K. Compare commercial properties across all major asset classes with...

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📊 Avg Property Tax Rate For Cody WY Properties: 0.7100%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Average Income For Cody WY Commercial Property: $48,125

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Cody WY

Common questions from investors exploring commercial real estate in Cody WY.

What's the overall investment potential of Cody, WY, considering its demographics and economy? +
Cody, WY, with a population of 9,635 and a median age of 40.5, presents a stable investment market, given its relatively low poverty rate of 8.6% and a high health insurance coverage rate of 87.6%, indicating a working population with access to healthcare. The top industries, including manufacturing and finance, suggest a diverse economy, while the median household income of $48,125 and low commute time of 10.5 minutes add to its appeal.
How does the ethnic diversity and foreign-born rate impact the rental market in Cody, WY? +
The ethnic diversity in Cody, WY, with top ethnicities being White (47.5%) and White Non-Hispanic (45.8%), and a low foreign-born rate of 2.1%, suggests a relatively homogeneous community, which could impact the rental market's demand for diverse housing options. However, the strong presence of manufacturing and transportation industries might attract a more diverse workforce, potentially increasing demand for rental properties.
What are the key factors influencing the quality of life for residents and, by extension, real estate investment stability in Cody, WY? +
The quality of life in Cody, WY, is significantly influenced by its short average commute time of 10.5 minutes, high health insurance coverage rate of 87.6%, and low poverty rate of 8.6%, all of which contribute to a stable and attractive environment for residents. This stability, combined with a diverse economy led by manufacturing and finance industries, enhances the city's appeal for real estate investors looking for long-term stability and growth.
How does the income inequality and poverty rate in Cody, WY, affect the potential for real estate investment? +
The income inequality, as measured by a GINI coefficient of 0.39, and the poverty rate of 8.6% in Cody, WY, suggest a relatively balanced income distribution and a low percentage of the population living below the poverty line. This balance, coupled with a median household income of $48,125 and a high homeownership rate of 65.6%, indicates a stable market with potential for both rental income and property appreciation, making it an attractive location for real estate investment.
What role do the top industries and commute methods play in assessing the viability of real estate investment in Cody, WY? +
The top industries in Cody, WY, including manufacturing, transportation, and finance, play a crucial role in the local economy, providing a stable base for employment and, by extension, demand for housing. The commute methods, with a majority driving alone or carpooling and a notable percentage working from home, indicate flexibility and potential for remote work, which can influence housing preferences and impact real estate investment viability, especially in terms of property types and amenities that cater to these trends.

Cody WY Real Estate & City Facts

Key facts and real estate information about Cody WY.

What are some of the best neighborhoods to live in Cody? +
Some of the best neighborhoods to live in Cody include Wapiti, which is known for its stunning mountain views and abundant wildlife. Other neighborhoods, such as those near the city center, offer a close-knit community feel and easy access to local amenities.
What are some fun things to do in Cody? +
Cody has a variety of fun things to do, including visiting the Buffalo Bill Center of the West, exploring the Chief Joseph Scenic Byway, and enjoying outdoor activities like hiking, fly fishing, and horseback riding. You can also check out the Cody Cattle Company for a dinner and show experience.
What is the food scene like in Cody? +
The food scene in Cody is dynamic and growing, with a wide variety of great restaurants to choose from. Some popular options include the Cody Steakhouse, Irma Restaurant and Grille, and Bubba's Bar-B-Que. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Cody? +
The pros of living in Cody include its stunning natural beauty, outdoor recreational opportunities, and close-knit community. However, some cons include the town's small size and limited job opportunities, as well as the potential for crowds and tourist traffic during peak season. Additionally, winters can be cold and snowy, which may be a challenge for some residents.
Is Cody a good place to live? +
Overall, Cody is a great place to live for those who love the outdoors and a small-town atmosphere. While it may have some drawbacks, the town's natural beauty, recreational opportunities, and strong sense of community make it an attractive option for many people. As with any place, it's essential to weigh the pros and cons and consider your individual priorities and preferences before deciding if Cody is the right fit for you.
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