Excelsior Springs, MO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Excelsior Springs, Missouri Market population: 11K. Compare commercial properties across all major asset classes...
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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 Excelsior Springs MO Properties: 1.3500%
⭐ 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 Excelsior Springs MO
Common questions from investors exploring commercial real estate in Excelsior Springs MO.
What's the overall investment potential of Excelsior Springs, MO, considering its demographic and economic factors?
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Excelsior Springs, MO, with a population of 11,308 and a median age of 35.9, presents a stable investment market, given its median household income of $49,779 and a relatively high homeownership rate of 64.7%. The poverty rate of 13.8% combined with an 87.1% health insurance coverage rate suggests a working-class market with employment stability, further reinforced by top industries like Public Administration and Finance & Insurance.
How does the ethnic diversity and industry mix in Excelsior Springs impact the demand for real estate investments?
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The city's ethnic diversity, led by White (46.9%) and White Non-Hispanic (45.3%) populations, alongside a small but present Hispanic (2.4%) community, indicates a potential for a broad rental market. The top industries, including Public Administration, Finance & Insurance, and Professional, Scientific, & Management Services, suggest a stable workforce, which can drive demand for housing, especially considering the average commute time of 26.1 minutes and the prevalence of driving alone or carpooling as commute methods.
What are the implications of the city's commute times, health insurance rates, and poverty levels for real estate investors?
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The 26.1-minute average commute time, which is relatively manageable, coupled with high health insurance coverage of 87.1%, indicates a population with access to employment and healthcare, suggesting stability in the rental market. Additionally, the poverty rate of 13.8%, while a consideration, is mitigated by the overall economic stability suggested by the median household income of $49,779 and the diverse industry base, making Excelsior Springs an attractive location for real estate investment.
How does the GINI coefficient and the foreign-born rate influence the real estate market in Excelsior Springs?
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The GINI coefficient of 0.366, which is relatively low, suggests a more equal distribution of income, potentially leading to a more stable and less volatile real estate market. The foreign-born rate of 2.1% is low, indicating a less diverse but potentially more stable community in terms of cultural integration, which can be beneficial for long-term investments. This stability, combined with the city's median property value of $104,800 and median property taxes of $2,614, makes it an interesting market for investors looking for balance between affordability and potential for appreciation.
What insights can be gleaned from the homeownership rate, median property value, and top commute methods for real estate investment strategies in Excelsior Springs?
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The high homeownership rate of 64.7% suggests a strong preference for owning over renting, which could impact rental demand. However, the median property value of $104,800 and median property taxes of $2,614 offer a relatively affordable entry point for investors. The top commute methods, with a significant portion of the population driving alone or carpooling, indicate a need for conveniently located housing, potentially guiding investment towards properties near major employment centers or transportation hubs, thus catering to the working population's needs.
Excelsior Springs MO Real Estate & City Facts
Key facts and real estate information about Excelsior Springs MO.
What are some of the best neighborhoods to live in Excelsior Springs?
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Some of the best neighborhoods to live in Excelsior Springs include Marietta, which is a peaceful and family-friendly neighborhood known for its clean environment and welcoming atmosphere. Other neighborhoods to consider are those near the Elms Hotel and Spa, which offer a range of housing options and easy access to local amenities.
What are some fun things to do in Excelsior Springs?
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There are plenty of fun things to do in Excelsior Springs, including visiting the Hall of Waters, exploring the Excelsior Springs Museum, and taking a stroll through the beautiful parks and gardens. You can also visit the Four Horses and a Dog attraction, go wine tasting at Fence Stile Vineyards & Winery, or play a round of golf at the Excelsior Springs Golf Course.
What is the food scene like in Excelsior Springs?
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The food scene in Excelsior Springs is diverse and delicious, with a range of restaurants serving everything from Italian cuisine at Ventana Gourmet Grill to home-style family food at The Springs Restaurant. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. Be sure to check out Cafe Soterian at The Elms, Casa Di Vite, and Donnici's Italian Market & Deli for some local favorites.
What are the pros and cons of living in Excelsior Springs?
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The pros of living in Excelsior Springs include its small-town charm, beautiful parks and gardens, and range of outdoor activities. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in Missouri. Additionally, some residents have noted that the town can be quite quiet and lacking in nightlife options. Overall, Excelsior Springs is a great choice for those looking for a peaceful and family-friendly community with plenty of natural beauty.
Is Excelsior Springs a good place to live?
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Excelsior Springs is a great place to live for those who value a small-town atmosphere, outdoor recreation, and a strong sense of community. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle or a wide range of job opportunities, it offers a unique and charming quality of life that is hard to find elsewhere. With its beautiful parks, historic architecture, and friendly residents, Excelsior Springs is definitely worth considering for anyone looking to relocate to the area.
⭐ 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 Excelsior Springs MO Commercial Property: $49,779
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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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