East Flat Rock, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in East Flat Rock, North Carolina Market population: 5K. Compare commercial properties across all major...
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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 East Flat Rock NC Properties: 56.0000%
⭐ 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 East Flat Rock NC
Common questions from investors exploring commercial real estate in East Flat Rock NC.
What's the overall investment potential of East Flat Rock, NC, considering its demographics and economy?
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The town's median household income of $25,906, combined with a poverty rate of 18.0% and a health insurance coverage rate of 71.9%, suggests a working-class market with some employment stability. The top industries, including Finance & Insurance and Educational Services, indicate a diverse economy, while the 24.6-minute average commute time and high drive-alone rate suggest convenient transportation options for residents.
How does the ethnic diversity and foreign-born rate impact the local real estate market in East Flat Rock, NC?
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The town's ethnic diversity, with 44.1% White, 34.8% White Non-Hispanic, and 13.2% Hispanic populations, contributes to a vibrant community, while the 13.4% foreign-born rate may attract investors looking for diverse rental opportunities. The median property value of $112,300 and median property taxes of $1,240 also make it an affordable market for investors to consider.
What are the implications of the town's income inequality and poverty rate on real estate investment?
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The GINI coefficient of 0.486 indicates a moderate level of income inequality, which, combined with the 18.0% poverty rate, may impact the quality and stability of tenants. However, the 71.9% health insurance coverage rate and the presence of top industries like Health Care & Social Assistance suggest a relatively stable workforce, making it essential for investors to carefully assess the local market and tenant pool.
How do the commute patterns and transportation options in East Flat Rock, NC, affect the quality of life and real estate investment potential?
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The 24.6-minute average commute time and the dominance of drive-alone and carpooling commute methods indicate a relatively convenient and accessible location, which can positively impact the quality of life for residents and attract potential renters. Additionally, the 6.3% of residents who work from home may appreciate the town's affordable housing options and relatively low median property taxes of $1,240.
What role do the top industries and employment rate play in determining the town's real estate market stability and potential for growth?
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The presence of top industries like Finance & Insurance, Educational Services, and Health Care & Social Assistance, along with an employed population of 1,734, suggests a relatively stable and diverse economy. This, combined with the 59.8% homeownership rate and the town's affordable median property value of $112,300, may indicate a promising market for real estate investors looking for long-term growth and stability.
East Flat Rock NC Real Estate & City Facts
Key facts and real estate information about East Flat Rock NC.
What are some of the best neighborhoods to live in East Flat Rock?
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Some of the best neighborhoods to live in East Flat Rock, NC include East Flat Rock, Kenmure, and Highland Lake Village. These neighborhoods offer a mix of residential homes, local shops, and outdoor activities, making them great places to live.
What are some fun things to do in East Flat Rock?
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There are plenty of fun things to do in East Flat Rock, NC, including visiting the Carl Sandburg Historic Site, hiking at Chimney Rock Park, and exploring the downtown area for museums and boutiques. You can also check out the Flat Rock Playhouse, Sky Top Orchard, and Marked Tree Vineyard for more activities.
What is the food scene like in East Flat Rock?
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The food scene in East Flat Rock, NC is diverse and delicious, with a range of restaurants serving American, Chinese, Cuban, Italian, Korean, Mexican, and seafood cuisine. Some popular restaurants include Campfire Grill, Season's At Highland Lake, Flat Rock Village Bakery, and K's Ny Pizza & Soflo Food. There are also plenty of great food trucks and cafes to try.
What are the pros and cons of living in East Flat Rock?
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The pros of living in East Flat Rock, NC include its peaceful atmosphere, outdoor recreational opportunities, and friendly community. However, some cons include the limited job opportunities and higher cost of living compared to other areas in North Carolina. Additionally, the town's small size may not be suitable for everyone, especially those who prefer a more urban lifestyle.
Is East Flat Rock a good place to live?
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Overall, East Flat Rock, NC is a great place to live for those who value a peaceful and natural environment, outdoor activities, and a strong sense of community. While it may not be the best fit for everyone, especially those who prefer a more urban lifestyle, it is definitely worth considering for those who prioritize quality of life and a relaxed pace of living.
⭐ 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 East Flat Rock NC Commercial Property: $25,906
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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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