CRE Admin

Groves, TX High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Groves, Texas Market population: 16K. Compare commercial properties across all major asset classes with...

Advertisement
Cap Rate: Any NOI: High Tax Rate: Any Price: Any Size: Any
Clear All
No properties found matching your criteria. Here are some featured properties.
12 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Groves TX Properties: 2.3300%

⭐ Featured

High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Groves TX

Common questions from investors exploring commercial real estate in Groves TX.

What's the overall investment potential of Groves, TX, considering its demographics and economy? +
With a median household income of $50,691 and a relatively low poverty rate of 12.0%, Groves, TX presents a stable investment market, further supported by its diverse top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, which cater to a broad range of employment opportunities, and a health insurance coverage rate of 81.6% indicating a relatively healthy and secure population.
How does the ethnic diversity and commute time in Groves, TX impact the rental market? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, while the average commute time of 19.0 minutes and top commute methods like Drove Alone and Carpooled suggest convenient transportation options, making it an attractive location for renters from various backgrounds, especially considering the employed population of 6,627 and the median property value of $100,000.
What are the implications of the GINI coefficient and poverty rate on tenant quality in Groves, TX? +
The GINI coefficient of 0.422, indicating a moderate level of income inequality, combined with a poverty rate of 12.0% and a health insurance coverage rate of 81.6%, suggests that while there are disparities in income, the overall employment stability and access to health insurance contribute to a relatively stable tenant base, which is further reinforced by the top industries and median household income of $50,691.
How does the homeownership rate and median property taxes influence the real estate investment landscape in Groves, TX? +
With a homeownership rate of 73.6% and median property taxes of $4,648, Groves, TX offers a balanced market where investors can find opportunities for both rental properties and owner-occupied homes, considering the median property value of $100,000 and the average commute time of 19.0 minutes, which together suggest a stable and potentially growing market, especially given the city's diverse economy and relatively low poverty rate.
What role do the top industries and median age play in determining market demand for real estate investments in Groves, TX? +
The top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, drive employment and economic stability, while the median age of 38.3 suggests a mature and potentially family-oriented community, which, combined with the ethnic diversity and health insurance coverage rate of 81.6%, indicates a strong and varied demand for housing, making Groves, TX an attractive location for real estate investments, especially considering the median household income and relatively low poverty rate.

Groves TX Real Estate & City Facts

Key facts and real estate information about Groves TX.

What are some of the best neighborhoods to live in Groves? +
Some of the best neighborhoods to live in Groves, TX are Nederland, Port Neches, and Groves itself. These neighborhoods offer a mix of older homes and new constructions, and are known for being quiet and family-oriented. For example, the neighborhood of Groves is a friendly area with a mix of older homes and is known for its annual Texas Pecan Festival.
What are some fun things to do in Groves? +
There are plenty of fun things to do in Groves, TX. You can visit the Moody Gardens, the San Jacinto Monument and Museum, or go shopping at Snooper's Paradise Antiques. If you're looking for outdoor activities, you can visit the McFaddin National Wildlife Refuge or go horseback riding at Tyrrell Park Stables. Additionally, the city hosts various events throughout the year, such as the Texas Pecan Festival.
What is the food scene like in Groves? +
The food scene in Groves, TX is diverse and offers a range of options. You can find restaurants like Popeyes Louisiana Kitchen, Tony's BBQ & Steak House, and waterfront restaurants in nearby Port Arthur, such as Neches River Wheelhouse and Katie's Seafood House. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Groves? +
The pros of living in Groves, TX include its quiet and family-oriented neighborhoods, outdoor recreational opportunities, and a diverse food scene. However, some cons include the limited job opportunities and a relatively high poverty rate. Additionally, the city's location near the Gulf Coast makes it prone to hurricanes and flooding. Overall, Groves is a great option for those looking for a small-town feel with access to outdoor activities and a range of amenities.
Is Groves a good place to live? +
Groves, TX can be a good place to live for those who value a small-town feel and outdoor recreational opportunities. While it may have its drawbacks, such as limited job opportunities and a high poverty rate, the city's friendly neighborhoods, diverse food scene, and annual events make it an attractive option for families and individuals looking for a quiet and affordable place to call home.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Groves TX Commercial Property: $50,691

Advertisement
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

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
⭐ 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
⭐ 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
Advertisement
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

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

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

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

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

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)

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
Advertisement
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
Advertisement