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Firestone, CO High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Firestone, Colorado Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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📊 Average Cap Rate For Firestone CO Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

📊 Avg Property Tax Rate For Firestone CO Properties: 0.5500%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Firestone CO

Common questions from investors exploring commercial real estate in Firestone CO.

What's the overall investment potential of Firestone, CO, considering its demographic and economic factors? +
Firestone, CO, with its median household income of $79,091 and a relatively low poverty rate of 3.9%, presents a stable investment market. The city's diverse economy, led by industries such as Information and Professional, Scientific, & Management Services, coupled with a high health insurance coverage rate of 91.9%, suggests a strong and stable workforce. This stability, combined with the city's ethnic diversity, including a significant White and Hispanic population, indicates a robust demand for housing.
How does the commute time and transportation infrastructure in Firestone, CO, impact its attractiveness to investors? +
The average commute time of 33.8 minutes in Firestone, CO, although slightly above the national average, is mitigated by the prevalence of drive-alone and work-from-home commute methods, indicating flexibility and potentially less strain on public transportation. This, paired with a high employment rate and low poverty level, suggests that residents have stable incomes to support rent or mortgage payments, making it an attractive location for real estate investment.
What role does the median property value and property taxes play in the investment decision for Firestone, CO? +
The median property value of $241,400 and median property taxes of $2,909 in Firestone, CO, suggest a moderate to high-end housing market. Considering the city's median household income of $79,091 and a homeownership rate of 85.2%, these values indicate a potentially lucrative rental market, especially when factoring in the low poverty rate of 3.9% and high health insurance coverage of 91.9%, which together suggest a reliable tenant base.
How does the ethnic diversity and industry mix in Firestone, CO, influence market demand and stability? +
The ethnic diversity in Firestone, CO, with significant White and Hispanic populations, contributes to a culturally rich and potentially vibrant community, which can attract a wide range of residents and businesses. The mix of top industries, including Information and Professional, Scientific, & Management Services, indicates a diversified economy that can support a stable housing market, further enhanced by the city's low poverty rate and high employment levels.
What insights can be gleaned from the health insurance rate and its implications for tenant quality in Firestone, CO? +
The high health insurance coverage rate of 91.9% in Firestone, CO, combined with a low poverty rate of 3.9%, suggests a population with access to healthcare and stable employment, which are key indicators of tenant quality. This, along with the city's median household income and diverse economy, points to a reliable and stable tenant base, making Firestone an attractive location for real estate investors seeking low-risk investments with potential for long-term appreciation.

Firestone CO Real Estate & City Facts

Key facts and real estate information about Firestone CO.

What are some of the best neighborhoods to live in Firestone? +
Some of the best neighborhoods to live in Firestone include Oak Meadows, which is a peaceful and family-friendly neighborhood with a welcoming atmosphere and dog-friendly parks. Other desirable areas tend to be in the southeast parts of the city, while more affordable homes are in the northeast regions.
What are some fun things to do in Firestone? +
Firestone has plenty of fun things to do, including visiting the St. Vrain State Park where you can fish, camp, and hike. The Dougherty Museum is also a great place to learn about the history of Firestone, and the Golden Ponds trail is a paved bike path with a flat packed gravel side and a boardwalk that extends into the main pond. For outdoor enthusiasts, golf, hiking, fishing, and mountain biking are popular activities in the warm spring and summer months, while downhill and cross-country skiing, snowmobiling, hunting, and snowshoeing are favorite pastimes in the winter.
What is the food scene like in Firestone? +
The food scene in Firestone is diverse and delicious, with restaurants like Hacienda Jalisco offering authentic Mexican and Pacific coast cuisine, and Pepper’s Fireside Grille serving standard barside favorites and delicious entrees. There are also plenty of great food trucks and restaurants that offer takeout and dine-in options, such as King Wah for Chinese food and pho. Additionally, Firestone has a variety of restaurants that offer unique gastro pub food, like Lazy Dog Restaurant & Bar, and Maria Bonita for Mexican cuisine.
What are the pros and cons of living in Firestone? +
The pros of living in Firestone include its peaceful and family-friendly atmosphere, with plenty of outdoor activities and a strong sense of community. The city also has a low crime rate and a growing economy. However, some cons of living in Firestone include its relatively small size, which may limit job opportunities and entertainment options. Additionally, the city's rapid growth may lead to increased traffic and construction, which can be a nuisance for some residents. Overall, Firestone is a great place to live for those who value a tight-knit community and easy access to outdoor recreation.
Is Firestone a good place to live? +
Yes, Firestone is a good place to live, offering a unique blend of small-town charm and easy access to outdoor recreation. The city has a strong sense of community, with plenty of family-friendly activities and a low crime rate. While it may have some limitations in terms of job opportunities and entertainment options, Firestone is a great choice for those who value a peaceful and welcoming atmosphere. With its growing economy and beautiful natural surroundings, Firestone is an excellent option for families, outdoor enthusiasts, and anyone looking for a relaxed and friendly place to call home.

📊 Average Income For Firestone CO Commercial Property: $79,091

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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