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Garden Grove, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Garden Grove, Florida Market population: 173K. Compare commercial properties across all major asset classes...

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Garden Grove CA Properties: 1.2800%

πŸ“Š Average Income For Garden Grove CA Commercial Property: $59,648

Investor Questions For Garden Grove CA

Common questions from investors exploring commercial real estate in Garden Grove CA.

What is the overall investment potential of Garden Grove, CA, considering its demographic and economic factors? +
The city's median household income of $59,648, combined with a relatively high poverty rate of 14.8% and a strong health insurance coverage of 88.0%, suggests a stable market with a mix of working-class and middle-class residents. The top industries, including Information and Public Administration, contribute to a diverse economy, while the median property value of $393,900 and median property taxes of $25,617 indicate a potentially lucrative rental market.
How does the ethnic diversity and commute time in Garden Grove, CA impact the demand for housing and rentals? +
The city's diverse population, with top ethnicities including Asian, White, and Hispanic, contributes to a vibrant community with a range of cultural and economic backgrounds. The average commute time of 26.4 minutes, with top commute methods including driving alone, carpooling, and working from home, indicates a relatively convenient and flexible transportation system, making it an attractive location for renters and homeowners alike.
What are the key factors to consider when evaluating the quality of life and market stability in Garden Grove, CA? +
The city's health insurance coverage of 88.0%, combined with a median age of 35.6 and a relatively low poverty rate of 14.8%, suggests a stable and healthy population. The average commute time of 26.4 minutes and the top commute methods also indicate a convenient and relatively stress-free transportation system, contributing to a high quality of life and market stability.
How do the top industries in Garden Grove, CA, including Information and Public Administration, impact the local economy and real estate market? +
The presence of top industries such as Information and Public Administration contributes to a diverse and stable economy, with a range of job opportunities and a relatively high median household income of $59,648. This, in turn, supports a strong demand for housing and rentals, with the median property value of $393,900 and median property taxes of $25,617 indicating a potentially lucrative market for real estate investors.
What is the potential for long-term growth and appreciation in the Garden Grove, CA real estate market, considering factors such as population growth and economic development? +
The city's population of 172,785, combined with a median age of 35.6 and a diverse economy, suggests a strong potential for long-term growth and appreciation. The relatively high median property value of $393,900 and median property taxes of $25,617 also indicate a stable and potentially lucrative market, with the top industries and ethnic diversity contributing to a vibrant and attractive community for residents and investors alike.

Garden Grove CA Real Estate & City Facts

Key facts and real estate information about Garden Grove CA.

What are some of the best neighborhoods to live in Garden Grove? +
Some of the best neighborhoods to live in Garden Grove include Lampson Ave and Santa-Grove. These areas are known for their community charm, safety, and lifestyle appeal. Additionally, neighborhoods like Anaheim Hills are also popular, although they come with a higher price tag.
What are some fun things to do in Garden Grove? +
There are plenty of fun things to do in Garden Grove, such as visiting the Christ Cathedral, Atlantis Play Center, and The GEM Theater. You can also explore the city's historic sites, dine at unique restaurants, or attend the Strawberry Festival over Memorial weekend. For outdoor enthusiasts, there are options like Newport Elite Cruises and iFLY Oceanside Indoor Skydiving.
What is the food scene like in Garden Grove? +
The food scene in Garden Grove is diverse and vibrant, with a mix of global influences and family-owned institutions. Some popular restaurants include Los Sanchez Mexican Restaurant, Joe's Crab Shack, and Buca di Beppo Italian Restaurant. There are also plenty of great food trucks and hidden gems like Oc & Lau, Garlic & Chives, and Thai Nakorn.
What are the pros and cons of living in Garden Grove? +
The pros of living in Garden Grove include its community charm, safety, and lifestyle appeal. The city also offers a range of activities and attractions, from historic sites to unique restaurants. However, some cons include the higher cost of living, particularly in areas like Anaheim Hills, and the potential for traffic and congestion. Overall, Garden Grove is a great place to live for those who value community and diversity.
Is Garden Grove a good place to live? +
Garden Grove is a great place to live for those who value community, diversity, and a range of activities and attractions. While it may come with a higher cost of living, the city's unique character and charm make it a desirable place to call home. From its vibrant food scene to its historic sites and outdoor activities, Garden Grove has something to offer for everyone.
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