Gatesville, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Gatesville, North Carolina Market population: 16K. 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 Gatesville TX Properties: 83.0000%
⭐ 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 Gatesville TX
Common questions from investors exploring commercial real estate in Gatesville TX.
What's the overall investment potential of Gatesville, TX, considering its demographics and economy?
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Gatesville's median household income of $38,657, combined with a poverty rate of 17.4% and a high health insurance coverage rate of 84.6%, suggests a stable workforce with access to healthcare, making it an attractive location for investors. The city's diverse economy, led by Finance & Insurance, Manufacturing, and Public Administration, provides a solid foundation for employment and growth. Additionally, the relatively low median property value of $77,500 and median property taxes of $1,680 make it an affordable market for investment.
How does the city's ethnic diversity and industry mix impact market demand for real estate investments?
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The ethnic diversity of Gatesville, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community with varying housing needs. The top industries, including Finance & Insurance, Manufacturing, and Public Administration, drive demand for housing, particularly for workers in these sectors. With a foreign-born rate of 4.8%, there may also be opportunities to cater to international buyers or renters, further diversifying the investment landscape.
What are the implications of Gatesville's commute times and transportation options for real estate investors?
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The average commute time of 16.5 minutes in Gatesville is relatively short, indicating a convenient and accessible location for residents. The top commute methods, including driving alone, carpooling, and working from home, suggest flexibility in transportation options. This, combined with a high health insurance coverage rate of 84.6% and a low poverty rate compared to other areas, implies a stable and healthy workforce, which is beneficial for investors looking for reliable tenants or buyers.
How does the city's poverty rate and health insurance coverage affect the quality of tenants or buyers in the real estate market?
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Gatesville's poverty rate of 17.4%, although relatively high, is mitigated by a strong health insurance coverage rate of 84.6%, suggesting that many residents have access to employment benefits or other forms of healthcare coverage. This combination indicates a working-class market with a degree of employment stability, which can lead to more reliable tenants or buyers. Investors should consider these factors when assessing potential returns on investment and the overall viability of the local real estate market.
What role do property values, taxes, and homeownership rates play in the attractiveness of Gatesville as an investment destination?
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The median property value of $77,500 and median property taxes of $1,680 in Gatesville make it an affordable market for investors. The homeownership rate of 59.4% suggests a balance between owner-occupied and rental properties, providing opportunities for both rental income and potential long-term appreciation in property value. Considering the city's income inequality (GINI coefficient of 0.426) and the employed population of 4,025, investors can find a mix of affordable housing options and potential for growth, especially in sectors like Finance & Insurance and Manufacturing.
Gatesville TX Real Estate & City Facts
Key facts and real estate information about Gatesville TX.
What are some of the best neighborhoods to live in Gatesville?
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Some of the best neighborhoods to live in Gatesville include Carroll Drive Village, which is ranked as the #1 best neighborhood to live in Gatesville, Texas, according to Nextdoor. Other notable neighborhoods include Copperas Cove, which is known for its small-town charm and good schools.
What are some fun things to do in Gatesville?
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There are plenty of fun things to do in Gatesville, including visiting the Coryell Museum and Historical Center, exploring the Coryell County Courthouse, and enjoying the outdoors at Raby Park or Faunt Le Roy Park. You can also catch a movie at the Last Drive-In Picture Show or try some of the local restaurants like The Feed Mill or Rancher's Steak House and Grill.
What is the food scene like in Gatesville?
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The food scene in Gatesville is a mix of classic American comfort food and fine dining options. Some popular restaurants include The Feed Mill, which serves up delicious burgers and sandwiches, and Rancher's Steak House and Grill, which offers a range of steak and seafood options. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Gatesville?
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Some pros of living in Gatesville include its low crime rate, good schools, and small-town charm. However, some cons include its limited job opportunities and slower pace of life. Overall, Gatesville is a great option for those looking for a peaceful and affordable place to live, but it may not be the best fit for everyone.
Is Gatesville a good place to live?
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Gatesville can be a great place to live for those who value a peaceful and affordable lifestyle. The city has a lot to offer, including a rich history, outdoor recreational opportunities, and a growing food scene. However, it's ultimately up to each individual to decide whether Gatesville is the right fit for them. If you're looking for a slow-paced and affordable place to live with a strong sense of community, Gatesville might be worth considering.
⭐ 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 Gatesville TX Commercial Property: $38,657
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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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