Commerce City, CO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Commerce City, Colorado Market population: 56K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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3 properties found
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π Average Cap Rate For Commerce City CO Properties: 5.7%
β 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
π Avg Property Tax Rate For Commerce City CO Properties: 65.0000%
β 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
Investor Questions For Commerce City CO
Common questions from investors exploring commercial real estate in Commerce City CO.
What is the overall investment potential of Commerce City, CO?
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With a median household income of $83,419 and a relatively low poverty rate of 7.2%, Commerce City presents a stable investment market, further supported by its diverse economy with top industries in Retail Trade, Health Care & Social Assistance, and Manufacturing, and a high health insurance coverage rate of 92.1%.
How does the city's demographic diversity impact the real estate market?
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The city's ethnic diversity, with a mix of White (62.1%), Hispanic (33.1%), and other populations, combined with a foreign-born rate of 20.5%, suggests a vibrant and inclusive community, which can attract a wide range of residents and support a stable rental market, especially considering the average commute time of 31.4 minutes and the prevalence of drove alone, carpooled, and worked at home commute methods.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of the area for investors?
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The quality of life in Commerce City is influenced by factors such as the average commute time of 31.4 minutes, which is relatively manageable, and a high health insurance coverage rate of 92.1%, indicating access to healthcare, alongside a median property value of $283,400 and a homeownership rate of 74.2%, suggesting a stable and desirable living environment.
How does the economic profile of Commerce City, including its industries and employment rates, affect its investment potential?
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The city's economy, driven by Retail Trade, Health Care & Social Assistance, and Manufacturing, with an employed population of 24,919 and a median household income of $83,419, points to a robust and diverse economic base, which can support a strong demand for housing, considering the GINI coefficient of 0.414 and the poverty rate of 7.2%, indicating a relatively equitable distribution of income and low poverty.
What insights can be gleaned from the city's housing market and demographic trends for real estate investment strategies?
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The housing market in Commerce City, characterized by a median property value of $283,400, median property taxes of $1,843, and a homeownership rate of 74.2%, combined with demographic trends such as a median age of 31.4 and an average household size of 3.03, suggests opportunities for both rental investments, given the city's diverse industries and commute patterns, and residential sales, considering the area's appeal to families and individuals alike.
Commerce City CO Real Estate & City Facts
Key facts and real estate information about Commerce City CO.
What are some of the best neighborhoods to live in Commerce City?
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Some of the best neighborhoods to live in Commerce City include Derby, which offers a traditional neighborhood feel, and East Commerce City, which is perfect for families with its parks, schools, and community spaces. Other notable neighborhoods are Buffalo Run, Reunion, River Run, Hazeltine, Commerce City North, Belle Creek, and Dunes Park.
What are some fun things to do in Commerce City?
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There are plenty of fun things to do in Commerce City, such as visiting the Rocky Mountain Arsenal National Wildlife Refuge, Dick's Sporting Goods Park, and Fairfax Park. You can also check out the Shops at Northfield for some retail therapy, or head to Denver Zoo and Elitch Gardens Theme Park for some exciting adventures. Additionally, Colorado Railbike Adventures, Museum of Illusions, and Over Flyte Denver are great options for those looking for something unique.
What is the food scene like in Commerce City?
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The food scene in Commerce City is diverse and exciting, with a range of restaurants to choose from. Some top-rated options include The Bison Grill, Culinary Dropout, Copper Table, and Florence Supper Club. You can also find great Mexican food at El Jardin, or try some American cuisine at The Bison Bar & Grill. And for a unique dining experience, head to Root Down, Cimera, or Wildflower - Denver.
What are the pros and cons of living in Commerce City?
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Living in Commerce City has its pros and cons. On the plus side, the city offers a range of amenities, including parks, schools, and community spaces, making it a great place for families. The city is also close to Denver, providing easy access to job opportunities, cultural attractions, and entertainment options. However, some areas of the city may experience traffic congestion, and the weather can be quite hot during the summer months. Additionally, the city's growth and development may lead to increased costs of living and traffic.
Is Commerce City a good place to live?
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Overall, Commerce City is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its diverse neighborhoods, range of recreational activities, and growing food scene, there's something for everyone in Commerce City. While it's not without its challenges, the city's pros outweigh its cons, making it an excellent choice for those looking for a affordable and convenient place to call home.
π Average Income For Commerce City CO Commercial Property: $83,419
β 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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