Festus, MO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Festus, Missouri Market population: 12K. Explore income-producing properties with verified cap rates and operating...
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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 Festus MO Properties: 1.0700%
⭐ 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 Festus MO
Common questions from investors exploring commercial real estate in Festus MO.
What's the overall investment potential of Festus, MO, considering its demographics and economy?
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Festus, MO, with a population of 11,662 and a median age of 36.0, presents a stable investment market, given its median household income of $47,185 and a relatively low poverty rate of 12.9%, which is further bolstered by a high health insurance coverage rate of 90.9% and a strong employment base in industries like Finance & Insurance and Manufacturing.
How does the ethnic diversity and industry mix in Festus impact real estate demand?
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The ethnic diversity in Festus, led by White (47.6%) and White Non-Hispanic (46.7%) populations, alongside a mix of industries including Finance & Insurance, Manufacturing, and Transportation & Warehousing, suggests a broad and stable demand for housing, which is beneficial for real estate investors looking for consistent rental yields and property appreciation.
What are the implications of Festus' commute times and health insurance coverage for investor returns?
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The average commute time of 25.9 minutes in Festus, combined with a high health insurance coverage rate of 90.9%, indicates a quality of life that supports employment stability and, by extension, tenant reliability, which is crucial for maintaining consistent rental income and minimizing vacancies, ultimately benefiting real estate investors.
How do poverty rates and homeownership rates in Festus influence the rental market?
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Festus' poverty rate of 12.9% and homeownership rate of 63.1% suggest a working-class market with a significant portion of the population likely to be renters, given the affordability constraints, which presents an opportunity for investors to cater to this demand with appropriately priced rental properties, potentially enhancing rental yields.
What insights do the median property value and property taxes offer for real estate investment in Festus?
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With a median property value of $135,700 and median property taxes of $3,176, Festus offers relatively affordable investment opportunities, especially when considering the median household income of $47,185 and the employed population of 4,972, which together suggest a viable market for both property appreciation and rental income, making it an attractive location for real estate investors seeking balanced returns.
Festus MO Real Estate & City Facts
Key facts and real estate information about Festus MO.
What are some of the best neighborhoods to live in Festus?
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Some of the best neighborhoods to live in Festus include West City Park, which is a quiet and family-friendly area known for its cleanliness and safety. Other neighborhoods to consider are those near the downtown Main Street area, which offers unique gifts, homemade brews, and delicious food.
What are some fun things to do in Festus?
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Festus has a variety of things to do, including visiting its 8 parks and over 200 acres of green space, exploring the downtown Main Street area, and checking out local attractions like the Gateway Arch National Park. You can also hike a trail, play in the shallows of the East Fork of the Black River, or shoot through Mother Nature's hydraulics in the shut-ins.
What is the food scene like in Festus?
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The food scene in Festus is flourishing, with a variety of restaurants to choose from, including Pedal'n Pi, Pine Mountain Country Coffee House & Mercantile, and Kettelhut's Smokehouse. There are also plenty of great food trucks and local eateries to try, offering everything from pizza to burgers to BBQ.
What are the pros and cons of living in Festus?
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The pros of living in Festus include its safe and family-friendly environment, unique downtown area, and plenty of outdoor activities to enjoy. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in Missouri. Overall, Festus is a great place to live for those who value a small-town feel and easy access to outdoor recreation.
Is Festus a good place to live?
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Festus is a good place to live for those who are looking for a safe and family-friendly community with a unique downtown area and plenty of outdoor activities to enjoy. While it may have some limitations in terms of job opportunities and cost of living, the pros outweigh the cons for many people. Ultimately, whether or not Festus is a good place to live depends on your individual priorities and preferences.
⭐ 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 Festus MO Commercial Property: $47,185
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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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