Elizabethtown, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Elizabethtown, North Carolina Market population: 29K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Elizabethtown KY Properties: 92.0000%
⭐ 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 Elizabethtown KY
Common questions from investors exploring commercial real estate in Elizabethtown KY.
What is the overall investment potential of Elizabethtown, KY, considering its demographics and economy?
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The city's median household income of $42,904, combined with a poverty rate of 15.6% and a high health insurance coverage of 91.7%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Wholesale Trade, Construction, and Finance & Insurance, indicate a diverse economy, while the median property value of $155,400 and median property taxes of $6,020 provide insight into the housing market. Additionally, the average commute time of 20.1 minutes and top commute methods, such as driving alone and carpooling, highlight the city's infrastructure and accessibility.
How does the ethnic diversity and income inequality in Elizabethtown, KY, impact the real estate market?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can contribute to a vibrant and dynamic community, potentially attracting a wide range of residents and businesses. However, the income inequality, as indicated by a GINI coefficient of 0.473, may affect the affordability and accessibility of housing, particularly for low-income households. The median property value and homeownership rate can provide further insight into the market's stability and potential for investment.
What are the key factors to consider when evaluating the quality of life in Elizabethtown, KY, for real estate investment purposes?
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The average commute time of 20.1 minutes, top commute methods, and health insurance coverage of 91.7% are essential factors to consider when evaluating the quality of life in Elizabethtown, KY. These metrics suggest a relatively high level of accessibility, convenience, and overall well-being, which can positively impact the demand for housing and the stability of the real estate market. Additionally, the city's median age of 36.7 and employed population of 12,191 can provide insight into the demographics and potential for long-term growth.
How does the poverty rate and employment population in Elizabethtown, KY, affect the tenant quality and rental yields?
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The poverty rate of 15.6% and employed population of 12,191 in Elizabethtown, KY, can impact the tenant quality and rental yields, as a higher poverty rate may lead to a higher risk of tenant default or vacancy. However, the city's high health insurance coverage and relatively low average commute time may offset this risk, indicating a more stable and employed population. The median household income and top industries can also provide insight into the potential for rental income and long-term growth.
What are the implications of the homeownership rate and median property value in Elizabethtown, KY, for real estate investors?
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The homeownership rate of 48.1% and median property value of $155,400 in Elizabethtown, KY, suggest a relatively balanced market with opportunities for both rental income and long-term appreciation. The median property taxes of $6,020 and top industries, including Construction and Finance & Insurance, can also impact the market's stability and potential for growth. Additionally, the city's ethnic diversity and average commute time can contribute to a dynamic and attractive community, potentially driving demand for housing and supporting investment returns.
Elizabethtown KY Real Estate & City Facts
Key facts and real estate information about Elizabethtown KY.
What are some of the best neighborhoods to live in Elizabethtown?
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Some of the best neighborhoods to live in Elizabethtown include Arlington Park, Pine Valley, Helmwood Heights, Woodland Heights, and Ring Road Area. These neighborhoods offer a range of housing options and are known for their safety and community amenities.
What are some fun things to do in Elizabethtown?
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There are plenty of fun things to do in Elizabethtown, including visiting the American Legion Park, Freeman Lake Park, and the Elizabethtown Sports Park. You can also explore the outdoors, eat and drink at The Assembly, or stroll through the nature preserve. Additionally, you can visit the Swope's Cars of Yesteryear Museum, or play a round of golf at one of the local courses.
What is the food scene like in Elizabethtown?
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The food scene in Elizabethtown is diverse and offers a range of options, including American, Italian, and Indian cuisine. Some popular restaurants include Back Home Restaurant, The Original Impellizzeri's Pizza, and Namaste Indian Cuisine & Bar. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Elizabethtown?
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The pros of living in Elizabethtown include its small-town charm, safe neighborhoods, and outdoor recreational opportunities. However, some cons include limited job opportunities and a relatively high poverty rate. Additionally, the town may not have all the amenities and services that a larger city would have.
Is Elizabethtown a good place to live?
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Elizabethtown can be a good place to live for those who value a small-town atmosphere and outdoor recreation. While it may not have all the amenities of a larger city, it has a strong sense of community and a relatively low cost of living. Ultimately, whether or not Elizabethtown is a good place to live depends on your individual preferences and priorities.
⭐ 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 Elizabethtown KY Commercial Property: $42,904
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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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