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Dillon, CO High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Dillon, Colorado Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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πŸ“Š Average Cap Rate For Dillon SC Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

πŸ“Š Avg Property Tax Rate For Dillon SC Properties: 2.2200%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Dillon SC

Common questions from investors exploring commercial real estate in Dillon SC.

What is the overall investment potential of Dillon, SC, considering its demographics and economy? +
Dillon, SC has a population of 6,772 with a median age of 38.5, and a median household income of $26,503, indicating a relatively affordable market. The poverty rate of 35.5% is a concern, but the high health insurance coverage of 89.1% suggests a degree of employment stability, while the top industries in Educational Services, Health Care, and Transportation provide a foundation for market demand.
How does the ethnic diversity and commute time impact the rental market in Dillon, SC? +
The city's ethnic diversity, with 37.8% Black, 27.8% White, and 26.3% White Non-Hispanic populations, contributes to a vibrant community. The average commute time of 22.4 minutes, with a preference for driving alone, carpooling, and public transit, indicates a manageable and relatively fast commute, which is attractive to renters and can support a stable rental market.
What are the key factors to consider when evaluating the housing market in Dillon, SC? +
The median property value of $102,700 and median property taxes of $1,237 are important considerations, as is the homeownership rate of 48.7%, which leaves room for rental opportunities. Additionally, the poverty rate of 35.5% and the GINI coefficient of 0.485 suggest income inequality, but the employed population of 2,171 and high health insurance coverage of 89.1% provide a basis for tenant quality assessment and potential for stable cash flows.
How do the top industries in Dillon, SC influence the local real estate market? +
The presence of top industries such as Educational Services, Health Care, and Transportation & Warehousing creates a demand for housing, particularly rental properties, as these sectors often attract workers who prefer to rent. This demand, combined with the relatively low median property value and manageable commute time, makes Dillon an attractive location for real estate investment, especially for those targeting workforce housing.
What is the outlook for market stability and growth in Dillon, SC, considering quality of life metrics? +
The average commute time of 22.4 minutes and high health insurance coverage of 89.1% contribute to a stable quality of life, which is essential for attracting and retaining residents. The median household income of $26,503, although relatively low, combined with the diverse economy and stable employment in key industries, suggests a working-class market with potential for growth, making it an interesting prospect for real estate investors seeking affordable and stable investment opportunities.

Dillon SC Real Estate & City Facts

Key facts and real estate information about Dillon SC.

What are some of the best neighborhoods to live in Dillon? +
Some of the best neighborhoods to live in Dillon, SC, include areas with lower crime rates and higher quality of life, such as those near the city center. However, the quality of neighborhoods can vary greatly, and it's essential to research and consider factors like safety, proximity to work or school, and access to amenities when choosing a neighborhood.
What are some fun things to do in Dillon? +
Unfortunately, I was unable to find specific information about things to do in Dillon, SC. However, I can suggest checking out local parks, community events, and attractions in the surrounding areas.
What is the food scene like in Dillon? +
I was unable to find information about the food scene in Dillon, SC. However, I can suggest checking out local restaurants, cafes, and food trucks to get a taste of the city's cuisine.
What are the pros and cons of living in Dillon? +
The pros of living in Dillon, SC, may include a lower cost of living and a close-knit community. However, the cons may include limited job opportunities and a higher poverty rate. It's essential to weigh these factors and consider what matters most to you when deciding whether to live in Dillon.
Is Dillon a good place to live? +
Whether or not Dillon, SC, is a good place to live depends on your individual priorities and preferences. While it may offer a lower cost of living and a sense of community, it also faces challenges like limited job opportunities and a higher poverty rate. It's crucial to research and visit the city to get a better sense of whether it's the right fit for you.

πŸ“Š Average Income For Dillon SC Commercial Property: $26,503

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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