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Crawfordsville, IN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Crawfordsville, Indiana Market population: 16K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Avg Property Tax Rate For Crawfordsville IN Properties: 8.9000%

πŸ“Š Average Income For Crawfordsville IN Commercial Property: $43,419

Investor Questions For Crawfordsville IN

Common questions from investors exploring commercial real estate in Crawfordsville IN.

What's the overall investment potential of Crawfordsville, IN, considering its demographics and economy? +
Crawfordsville's median household income of $43,419, combined with a poverty rate of 15.1% and a high health insurance coverage rate of 94.1%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Manufacturing, Retail Trade, and Healthcare & Social Assistance, provide a diverse economic base, while the average commute time of 20.4 minutes indicates a manageable and convenient location for residents.
How does the city's ethnic diversity and industry mix impact the demand for housing and rentals? +
The city's ethnic diversity, with a dominant White population (94.1%) and a smaller Hispanic or Latino community (4.3%), may influence the types of amenities and services in demand. The top industries, including Manufacturing and Healthcare & Social Assistance, can drive demand for housing and rentals, particularly among young professionals and families, who value the city's relatively low median property value of $94,400 and median gross rent of $714.
What are the implications of Crawfordsville's poverty rate and health insurance coverage for real estate investors? +
The poverty rate of 15.1% and high health insurance coverage rate of 94.1% in Crawfordsville suggest that investors may need to balance the potential for rental income with the risks associated with a lower-income population. However, the city's strong employment base, with 7,144 employed residents and a diverse industry mix, can help mitigate these risks and provide a stable source of tenants.
How do the city's commute times and transportation options affect the quality of life for residents and the attractiveness of the area for investors? +
Crawfordsville's average commute time of 20.4 minutes, combined with the prevalence of driving alone (Drove Alone) and carpooling, indicates a relatively convenient and accessible location for residents. This can enhance the quality of life and make the area more attractive to investors, who can capitalize on the demand for housing and rentals from residents working in the city's top industries, including Manufacturing and Healthcare & Social Assistance.
What role do the city's homeownership rate and median property taxes play in shaping the local real estate market and investment opportunities? +
The homeownership rate of 63.2% in Crawfordsville, combined with relatively low median property taxes of $844, can make the city an attractive option for investors looking to balance rental income with property appreciation. The median property value of $94,400 also presents opportunities for investors to acquire properties at a relatively low cost, potentially generating strong returns through rental income or resale, particularly in a market with a diverse economy and relatively high health insurance coverage rate of 94.1%.

Crawfordsville IN Real Estate & City Facts

Key facts and real estate information about Crawfordsville IN.

What are some of the best neighborhoods to live in Crawfordsville? +
Some of the best neighborhoods to live in Crawfordsville include New Market, Westwind, and Country Village. These neighborhoods offer a range of housing options, from affordable apartments to single-family homes, and are close to local amenities and attractions. For example, New Market is a moderate-income neighborhood with a mix of old and new homes, while Westwind is a popular choice for families with its park and playground. Additionally, Country Village offers a more rural feel with its large lots and scenic views.
What are some fun things to do in Crawfordsville? +
There are plenty of fun things to do in Crawfordsville, including visiting the Rotary Jail Museum, exploring the General Lew Wallace Study & Museum, and hiking at Shades State Park. You can also canoe or kayak on Sugar Creek, zip line at Indiana Zipline Tours, or walk/bike the Sugar Creek Rail Trail. If you're looking for something more low-key, you can grab a bite to eat at one of our local restaurants, like Swick's Kitchen & Emporium or Little Mexico, or browse the shops and galleries in downtown Crawfordsville.
What is the food scene like in Crawfordsville? +
The food scene in Crawfordsville is a mix of traditional Midwestern cuisine and international flavors. You can find everything from classic American comfort food to Mexican and contemporary cuisine. Some popular restaurants include Swick's Kitchen & Emporium, Little Mexico, and The Fountain Room. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. Additionally, the town hosts various food festivals throughout the year, showcasing local ingredients and culinary talent.
What are the pros and cons of living in Crawfordsville? +
The pros of living in Crawfordsville include its small-town charm, affordable housing, and easy access to outdoor recreation. The town has a strong sense of community, with many family-friendly events and activities throughout the year. However, some cons include limited job opportunities, a relatively small downtown area, and a lack of public transportation. Additionally, some residents may find the town's slow pace of life too quiet or boring. Overall, Crawfordsville is a great choice for those who value a close-knit community and a relaxed lifestyle.
Is Crawfordsville a good place to live? +
Crawfordsville is a great place to live for those who value a small-town atmosphere, outdoor recreation, and a strong sense of community. While it may not offer the same level of excitement or opportunity as a larger city, it provides a unique blend of rural charm and urban amenities. With its affordable housing, low cost of living, and easy access to nature, Crawfordsville is an excellent choice for families, retirees, and individuals looking for a relaxed pace of life. However, it's essential to weigh the pros and cons and consider your individual priorities and preferences before deciding if Crawfordsville is the right fit for you.
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