Gridley, KS High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Gridley, Kansas Market population: 7K. 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 Gridley CA Properties: 1.1600%
⭐ 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 Gridley CA
Common questions from investors exploring commercial real estate in Gridley CA.
What's the overall investment potential of Gridley, CA, considering its demographics and economy?
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Gridley's median household income of $40,682, combined with a poverty rate of 16.2% and a high health insurance coverage of 89.8%, suggests a relatively stable market with opportunities for growth, especially given its diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic, and a strong presence of industries like Information and Public Administration.
How does the commute time and method impact the quality of life for residents and potential renters in Gridley?
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The average commute time of 20.1 minutes, with top methods being driving alone, carpooling, and working from home, indicates a manageable and flexible commute scenario, which, paired with a health insurance rate of 89.8%, suggests a good quality of life that could attract and retain residents and renters, particularly in a city with a median age of 28.7 and a diverse ethnic background.
What are the implications of Gridley's economic indicators, such as the GINI coefficient and median property value, for real estate investors?
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The GINI coefficient of 0.426, which is relatively moderate, and a median property value of $164,800, suggest a balanced economy with potential for property appreciation, especially considering the city's top industries include Finance & Insurance, and Real Estate & Rental & Leasing, which could drive demand and support investment in the local real estate market.
How might the foreign-born rate and educational attainment impact the local workforce and rental market in Gridley?
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A foreign-born rate of 23.4% and educational attainment levels with 83.2% high school graduation rate and 14.5% holding a Bachelor's degree or higher, indicate a diverse and somewhat educated workforce, which, combined with a poverty rate of 16.2% and health insurance coverage of 89.8%, could suggest a stable and employable rental demographic, attractive to investors looking for low-risk tenants.
What role do homeownership rates and median property taxes play in assessing the attractiveness of Gridley's real estate market for investors?
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A homeownership rate of 52.2% and median property taxes of $1,198, in the context of a median property value of $164,800 and an average household income of $40,682, suggest a relatively affordable housing market with potential for rental income, especially considering the diverse top industries and ethnicities, which could support a vibrant and resilient local economy and real estate market.
Gridley CA Real Estate & City Facts
Key facts and real estate information about Gridley CA.
What are some of the best neighborhoods to live in Gridley?
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Some of the best neighborhoods to live in Gridley include Gridley Road, which is a charming and rural neighborhood with a peaceful atmosphere and family-friendly environment. Other neighborhoods like Live Oak are also nearby and offer a great central location between Chico and Yuba City.
What are some fun things to do in Gridley?
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There are plenty of fun things to do in Gridley, such as visiting the Gray Lodge Wildlife Area, where you can walk or take a driving tour of the wetlands and view wildlife. You can also check out the Feather River Fish Hatchery and Nature Center, or visit the Manuel Guerra Park for some outdoor recreation. Additionally, the Butte County Fair is a great event to attend for some festive fun.
What is the food scene like in Gridley?
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The food scene in Gridley is diverse and offers a range of options. You can find great restaurants like Casa Lupe, which serves up delicious Mexican food, or try out the Rail House Pub & Grill for some American cuisine. There are also plenty of great food trucks and casual eateries like Ice Burgie and Los Charros Taqueria. For a unique dining experience, be sure to check out the local favorites like Our Town Pizzeria & Deli and Casa de Alma.
What are the pros and cons of living in Gridley?
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The pros of living in Gridley include its small-town charm, peaceful atmosphere, and family-friendly environment. The town also has a great central location between Chico and Yuba City, making it easy to access amenities and services. However, some cons of living in Gridley include its limited job opportunities and lower median household income compared to other areas in California. Additionally, the town's rural location may not be suitable for everyone, especially those who prefer a more urban lifestyle.
Is Gridley a good place to live?
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Overall, Gridley can be a great place to live for those who value a small-town atmosphere and a strong sense of community. While it may have its limitations, the town's peaceful environment, outdoor recreational opportunities, and diverse food scene make it an attractive option for families and individuals looking for a more relaxed pace of life. However, it's essential to weigh the pros and cons and consider your individual needs and preferences before deciding if Gridley is the right fit for you.
⭐ 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 Gridley CA Commercial Property: $40,682
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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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