Dakota Ridge, CO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Dakota Ridge, Colorado Market population: 33K. Compare commercial properties across all major asset classes...
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3 properties found
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π Average Cap Rate For Dakota Ridge 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 Dakota Ridge CO Properties: 0.4900%
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 Dakota Ridge CO
Common questions from investors exploring commercial real estate in Dakota Ridge CO.
What is the overall investment potential of Dakota Ridge, CO?
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With a median household income of $81,789, a low poverty rate of 3.5%, and a high health insurance coverage rate of 95.3%, Dakota Ridge presents a stable investment market, further supported by its diverse top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, which cater to a population with a median age of 38.6 and a strong presence of White and Hispanic ethnicities.
How does the commute time and method impact the rental market in Dakota Ridge?
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The average commute time of 27 minutes, coupled with top commute methods like Drove Alone and Worked At Home, suggests a convenient and flexible lifestyle for residents, which can attract renters, especially considering the area's low poverty rate and high employment rate of 18,770, indicating a stable tenant base with access to industries like Public Administration and Finance & Insurance.
What role does ethnic diversity play in the demand for real estate in Dakota Ridge?
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The ethnic diversity in Dakota Ridge, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, potentially increasing demand for real estate, especially when combined with the area's strong median property value of $246,300 and a high homeownership rate of 83.5%, suggesting a desirable place to live and invest, with a GINI coefficient of 0.334 indicating a relatively even income distribution.
How does the health insurance coverage rate affect the quality of tenants in Dakota Ridge?
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The high health insurance coverage rate of 95.3% in Dakota Ridge, paired with a low poverty rate of 3.5%, suggests a market with stable, employed individuals who are more likely to be reliable tenants, making it an attractive location for real estate investment, particularly when considering the average commute time and the prevalence of industries like Agriculture and Finance & Insurance.
What are the implications of the median property value and taxes for real estate investors in Dakota Ridge?
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With a median property value of $246,300 and median property taxes of $10,481, Dakota Ridge offers a relatively stable and valuable real estate market, considering its low poverty rate, high health insurance coverage, and diverse economy, including top industries like Finance & Insurance, and Real Estate & Rental & Leasing, which can support property appreciation and rental yields, making it a promising location for investors seeking a balance of affordability and potential for growth.
Dakota Ridge CO Real Estate & City Facts
Key facts and real estate information about Dakota Ridge CO.
What are some of the best neighborhoods to live in Dakota Ridge?
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Some of the best neighborhoods to live in Dakota Ridge include Belleview Acres, Powderhorn, Sunrise Creek, and West Belleview. These neighborhoods offer a range of housing options and are known for their natural beauty and outdoor recreational opportunities. For example, the area between Quincy and Bowles and west of Marston Lake is a popular choice for those looking for a more rural feel.
What are some fun things to do in Dakota Ridge?
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There are plenty of fun things to do in Dakota Ridge, including visiting the Colorado Railbike Adventures, taking a scenic trip on the Colorado River, or exploring the many hiking trails in the area. You can also check out the local attractions such as the Walker House Ruins, Bear Creek Lake, and Big Soda Lake. If you're looking for something more adventurous, you can try whitewater rafting on the Arkansas or Clear Creek Rivers.
What is the food scene like in Dakota Ridge?
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The food scene in Dakota Ridge is diverse and offers a range of options to suit every taste. Some popular restaurants in the area include Bruno's Kitchen, Tavern 242, and 5281 Seafood, Steakhouse and Bar. You can also find great food trucks and casual eateries serving everything from tacos to burgers. If you're looking for something more upscale, you can try The Cow An Eatery or Virgilio's Pizzeria & Wine Bar.
What are the pros and cons of living in Dakota Ridge?
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The pros of living in Dakota Ridge include its natural beauty, outdoor recreational opportunities, and small-town feel. However, some cons include the limited job opportunities and higher cost of living compared to other areas in Colorado. Additionally, the area can be prone to traffic and congestion, especially during peak season. Overall, Dakota Ridge is a great choice for those who value a rural lifestyle and are willing to commute to nearby cities for work or amenities.
Is Dakota Ridge a good place to live?
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Dakota Ridge can be a great place to live for those who value a rural lifestyle and are looking for a tight-knit community. The area offers a range of outdoor recreational opportunities, a diverse food scene, and a small-town feel. However, it may not be the best fit for everyone, especially those who are looking for a more urban lifestyle or require easy access to job opportunities. Ultimately, whether or not Dakota Ridge is a good place to live depends on your individual priorities and preferences.
π Average Income For Dakota Ridge CO Commercial Property: $81,789
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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