High Point, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in High Point, North Carolina Market population: 112K. Browse multifamily, office, retail, industrial, and mixed-use...
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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 High Point NC Properties: 1.3800%
⭐ 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 High Point NC
Common questions from investors exploring commercial real estate in High Point NC.
What's the overall investment outlook for High Point, NC, considering its demographic and economic trends?
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The city's median household income of $44,449, combined with a poverty rate of 19.1% and a high health insurance coverage of 87.3%, suggests a relatively stable market with opportunities for growth. The diverse economy, led by retail trade, healthcare, and public administration, supports a strong employment base, while the average commute time of 22.2 minutes indicates good infrastructure for residents.
How does the ethnic diversity and industry mix in High Point impact the demand for real estate investments?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community, while the top industries of retail trade, healthcare, and public administration drive demand for housing and commercial spaces. This diversity, paired with a relatively high homeownership rate of 55.3%, suggests a stable and growing market.
What are the key factors to consider when evaluating the quality of life for tenants in High Point, and how do they impact investment decisions?
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The average commute time of 22.2 minutes, top commute methods including driving and carpooling, and a high health insurance coverage rate of 87.3% all contribute to a good quality of life for tenants. Additionally, the median property value of $154,300 and median property taxes of $1,942 provide a relatively affordable housing option, making High Point an attractive market for investors seeking stable rental income.
How does the income inequality and poverty rate in High Point affect the local real estate market, and what opportunities or challenges does it present for investors?
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The poverty rate of 19.1% and a gini coefficient of 0.459 indicate some level of income inequality, which can impact the affordability and stability of the real estate market. However, the employed population of 51,111 and median household income of $44,449 suggest a working-class market with employment stability, presenting opportunities for investors to provide affordable housing options and capitalize on the demand for rental properties.
What role do the top industries in High Point play in shaping the local economy and real estate market, and how can investors leverage this information to make informed decisions?
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The top industries of retail trade, healthcare, and public administration drive the local economy and create demand for commercial and residential spaces. Investors can leverage this information to focus on developing or acquiring properties that cater to the needs of these industries, such as mixed-use developments, medical offices, or affordable housing for workers in these sectors, ultimately contributing to a more stable and diverse investment portfolio.
High Point NC Real Estate & City Facts
Key facts and real estate information about High Point NC.
What are some of the best neighborhoods to live in High Point?
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Some of the best neighborhoods to live in High Point include Johnson Street, Deep River, Emerywood, Florence, and Sandy Ridge. These neighborhoods offer a mix of safety, community, and accessibility to local amenities. However, it's always a good idea to do your own research and visit the areas in person to get a feel for which neighborhood is the best fit for you.
What are some fun things to do in High Point?
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High Point has a variety of fun things to do, including visiting the World's Largest Chest of Drawers, exploring the High Point City Lake Park, and checking out the All-A-Flutter Butterfly Farm. You can also visit the High Point Museum, go hiking at the nearby trails, or explore the local food scene. There's something for everyone in High Point, whether you're interested in nature, history, or just having a good time.
What is the food scene like in High Point?
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The food scene in High Point is diverse and growing, with a range of restaurants serving everything from barbecue to sushi. Some popular spots include Sammy G's Tavern, Odeh's Mediterranean Kitchen, and Blue Ridge Diner. There are also plenty of great food trucks and local eateries to try. However, it's worth noting that High Point has been identified as a food desert in the past, so it's great to see new restaurants and initiatives popping up to support the local community.
What are the pros and cons of living in High Point?
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The pros of living in High Point include its affordable housing, growing food scene, and variety of fun things to do. However, some cons include the city's reputation as a food desert and limited job opportunities in certain industries. Additionally, some areas of the city may have higher crime rates or limited access to certain amenities. Overall, it's a good idea to weigh the pros and cons carefully and consider what's most important to you when deciding whether to live in High Point.
Is High Point a good place to live?
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Whether or not High Point is a good place to live depends on your individual priorities and preferences. If you're looking for an affordable place to live with a growing food scene and plenty of fun things to do, High Point might be a great fit. However, if you're concerned about limited job opportunities or access to certain amenities, you may want to consider other options. Ultimately, it's a good idea to visit High Point in person and get a feel for the community before making a decision.
⭐ 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 High Point NC Commercial Property: $44,449
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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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