Elon, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Elon, North Carolina Market population: 10K. Compare commercial properties across all major asset classes...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Elon NC Properties: 0.4300%
⭐ 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 Elon NC
Common questions from investors exploring commercial real estate in Elon NC.
What's the overall investment outlook for Elon, NC, considering its demographics and economy?
+
Elon, NC's median age of 21.4 and median household income of $44,167, combined with a poverty rate of 24.9% and a high health insurance coverage of 95.1%, suggest a relatively stable market with a mix of working-class and student populations, given its strong educational services industry.
How does the city's ethnic diversity and industry mix impact real estate demand?
+
The city's diverse population, with top ethnicities being White (73.1%), Black or African American (14.4%), and Asian (6.5%), along with its top industries in educational services, health care, and retail trade, indicates a robust demand for housing, particularly for renters and students, with a relatively low average commute time of 22.1 minutes.
What are the implications of the city's poverty rate and health insurance coverage for real estate investors?
+
The 24.9% poverty rate, although concerning, is somewhat mitigated by the high health insurance coverage of 95.1%, suggesting that many residents have access to employment benefits, which can contribute to a more stable tenant base, and with a median property value of $233,400, investors may find opportunities in affordable housing.
How do commute times and methods affect the quality of life for residents and, by extension, real estate investment?
+
The average commute time of 22.1 minutes, with 73.2% of residents driving alone and 14.1% walking, indicates a relatively convenient and accessible city, which can enhance the quality of life for residents, making it more attractive for investors, especially considering the city's high health insurance rate and low unemployment rate of 5.2%.
What role does the city's homeownership rate and median property taxes play in investment decisions?
+
The homeownership rate of 47.1% and median property taxes of $2,342 suggest a balanced market with opportunities for both rental investments and homeownership, and with a median household income of $44,167, investors should consider the potential for rental yield and property appreciation, particularly in areas with growing demand from the educational and health care sectors.
Elon NC Real Estate & City Facts
Key facts and real estate information about Elon NC.
What are some of the best neighborhoods to live in Elon?
+
Some of the best neighborhoods to live in Elon, NC include the neighborhoods around Elon University, such as Elon, and other areas like Greensboro and High Point. Each neighborhood offers a unique experience, with a cluster of residence halls, apartments, and houses.
What are some fun things to do in Elon?
+
There are plenty of fun things to do in Elon, NC, such as visiting the Rhodes Stadium, Schar Center, and Beth Schmidt Park. You can also check out the downtown area, which holds a host of restaurants and shopping venues. Additionally, there are several hiking trails and parks in the area, including the Shallow Ford Natural Area.
What is the food scene like in Elon?
+
The food scene in Elon, NC is diverse and offers a range of options, including authentic menus developed by local culinary teams. Some popular restaurants include The Mark at Elon, Tangent Eat+Bar, and Smitty's Homemade Ice Cream. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Elon?
+
The pros of living in Elon, NC include its small-town charm, beautiful parks and trails, and a range of cultural and educational opportunities. However, some cons include a relatively high poverty rate and limited job opportunities. Overall, Elon is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Elon a good place to live?
+
Elon, NC is a good place to live for those who value a small-town atmosphere and a strong sense of community. While it may have its challenges, the town offers a range of amenities and opportunities, including a beautiful downtown area, plenty of outdoor spaces, and a range of cultural and educational events. Ultimately, whether or not Elon 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 Elon NC Commercial Property: $44,167
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement