Dearborn, MO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Dearborn, Missouri Market population: 97K. 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 Dearborn MI Properties: 1.4400%
⭐ 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 Dearborn MI
Common questions from investors exploring commercial real estate in Dearborn MI.
What is the overall investment potential of Dearborn, MI, considering its demographic and economic factors?
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Dearborn's median household income of $46,739, combined with a poverty rate of 27.0% and a high foreign born rate of 37.9%, suggests a diverse market with potential for growth, especially given the strong presence of manufacturing and finance industries. The city's relatively low median property value of $103,300 and high homeownership rate of 67.5% also indicate opportunities for investment. Additionally, the average commute time of 21.6 minutes and high health insurance coverage rate of 91.5% contribute to a stable quality of life for residents.
How does the ethnic diversity and industry mix in Dearborn impact the local real estate market?
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The top ethnicities in Dearborn, including White (47.1%) and White Non-Hispanic (45.9%), along with a significant foreign born rate, contribute to a culturally diverse community that can attract a wide range of residents and businesses. The presence of top industries such as manufacturing, finance, and professional services also drives demand for housing and commercial properties, making it an attractive market for real estate investors. Furthermore, the GINI coefficient of 0.457 indicates a moderate level of income inequality, which can impact the affordability and accessibility of housing for different segments of the population.
What are the key factors influencing the quality of life in Dearborn, and how do they affect real estate investment?
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The average commute time of 21.6 minutes, which is relatively low, and the high health insurance coverage rate of 91.5% are significant factors contributing to the quality of life in Dearborn. These factors, combined with a median age of 33.2 and a high school graduation rate of 84.2%, suggest a stable and attractive environment for residents, which can positively impact property values and rental yields. Additionally, the top commute methods, including driving alone and working from home, indicate flexibility and convenience for residents, making the area more desirable for living and working.
How does the poverty rate and health insurance coverage in Dearborn impact the tenant quality and property management?
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The poverty rate of 27.0% in Dearborn, although relatively high, is mitigated by a strong health insurance coverage rate of 91.5%, indicating that many residents have access to healthcare and are likely to be employed or have a stable income. This combination suggests a working-class market with employment stability, which can lead to more reliable tenants and lower property management risks. Moreover, the median household income of $46,739 and the presence of major industries provide a foundation for a stable rental market.
What are the implications of the homeownership rate and median property value in Dearborn for real estate investors?
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The high homeownership rate of 67.5% in Dearborn, coupled with a relatively low median property value of $103,300, presents opportunities for real estate investors to acquire properties at affordable prices. The median property taxes of $2,245 also contribute to the overall affordability of owning a home in Dearborn. Furthermore, the employed population of 33,963 and the top industries present in the city suggest a strong demand for housing, making it an attractive market for investors looking to capitalize on rental yields or property appreciation.
Dearborn MI Real Estate & City Facts
Key facts and real estate information about Dearborn MI.
What are some of the best neighborhoods to live in Dearborn?
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Some of the best neighborhoods to live in Dearborn include West Dearborn, Ford Historic Homes, and Southwestern Outer Drive. These neighborhoods are known for their peaceful and clean environment, friendly atmosphere, and walkability.
What are some fun things to do in Dearborn?
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There are plenty of fun things to do in Dearborn, including visiting the Henry Ford Museum of American Innovation, Greenfield Village, and the Arab American Museum. You can also explore the city's downtown area, which features numerous coffee shops, bars, and restaurants, such as Qahwah House and Black Box coffee shops.
What is the food scene like in Dearborn?
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The food scene in Dearborn is diverse and vibrant, with a range of restaurants serving global cuisine, including Buddy's Pizza, Eagle Tavern, and Al Ameer Arabic Restaurant. There are also plenty of great food trucks and local eateries, such as Prime Eatery Burgers & Sandwiches and The Canteen at Midtown.
What are the pros and cons of living in Dearborn?
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The pros of living in Dearborn include its safe and welcoming community, with a low crime rate, and a range of cultural attractions and activities. However, some cons include the city's relatively high poverty rate and limited job opportunities in certain industries. Additionally, traffic and parking can be a challenge in some areas of the city.
Is Dearborn a good place to live?
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Overall, Dearborn is a great place to live, with a unique blend of history, culture, and community. While it may have its challenges, the city's friendly atmosphere, diverse food scene, and range of activities and attractions make it an attractive option for people looking to relocate to the area. As with any city, it's essential to weigh the pros and cons and consider individual priorities and preferences when deciding whether Dearborn is the right fit.
⭐ 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 Dearborn MI Commercial Property: $46,739
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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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