High Springs, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in High Springs, Florida Market population: 5K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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

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📊 Avg Property Tax Rate For High Springs FL Properties: 1.1800%

📊 Average Income For High Springs FL Commercial Property: $53,295

Investor Questions For High Springs FL

Common questions from investors exploring commercial real estate in High Springs FL.

What's the overall investment potential of High Springs, FL, considering its demographics and economy? +

High Springs, FL, with a population of 5,422 and a median age of 36.2, presents a stable investment environment, given its median household income of $53,295 and a relatively low poverty rate of 16.2%, which is further bolstered by an 86.9% health insurance coverage, indicating a reliable tenant base. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, suggest a diverse economic foundation. Additionally, the average commute time of 26.7 minutes and high health insurance coverage rate contribute to a favorable quality of life, making it an attractive location for investors.

How does the ethnic diversity and industry mix in High Springs impact real estate demand? +

The ethnic diversity in High Springs, with top ethnicities being White (43.9%), White Non-Hispanic (39.9%), and Black (8.4%), contributes to a culturally rich community, which can attract a broad range of residents. The industry mix, led by Finance & Insurance, Real Estate & Rental & Leasing, Manufacturing, Educational Services, and Health Care & Social Assistance, provides a solid base for employment and, consequently, demand for housing. This diversity, combined with a median property value of $159,200 and a homeownership rate of 78.4%, suggests a stable and potentially growing real estate market.

What are the implications of the poverty rate and health insurance coverage for real estate investors in High Springs? +

The 16.2% poverty rate in High Springs, although a concern, is mitigated by the high health insurance coverage rate of 86.9%, indicating that a significant portion of the population has access to healthcare, which can reflect a more stable and employable workforce. This combination, along with a median household income of $53,295, suggests that while there are challenges, there is also a foundation for a working-class market with employment stability, which can be attractive for investors looking for rental income opportunities.

How do commute times and methods affect the quality of life and, by extension, the attractiveness of High Springs to investors? +

The average commute time of 26.7 minutes in High Springs, along with the top commute methods being driving alone, carpooling, and working from home, indicates a relatively convenient and flexible commuting environment. This, coupled with the city's health insurance coverage rate of 86.9%, contributes to a high quality of life, which can make High Springs more attractive to potential residents, thereby supporting demand for real estate and making it a more viable investment opportunity.

What insights can be gleaned from the homeownership rate and median property value for real estate investment in High Springs? +

The high homeownership rate of 78.4% in High Springs, combined with a median property value of $159,200, suggests a strong preference for owning over renting, which can influence the rental market dynamics. However, the median property taxes of $1,402 and the overall economic indicators, such as the median household income of $53,295 and the employed population of 2,219, provide a balanced view, indicating that while there may be a leaning towards homeownership, there is still potential for rental investments, especially considering the city's diverse industries and relatively low poverty rate.

High Springs FL Real Estate & City Facts

Key facts and real estate information about High Springs FL.

What are some of the best neighborhoods to live in High Springs? +

Some of the best neighborhoods to live in High Springs include the northeast parts of the city, which tend to be more desirable and have higher home values. However, more affordable homes can be found in the west regions. Neighborhoods like the ones near Poe Springs Park and the downtown area are also popular for their scenic views and proximity to amenities.

What are some fun things to do in High Springs? +

High Springs has a lot to offer when it comes to outdoor activities. You can explore the scenic rivers and springs, such as Ginnie Springs and Poe Springs Park, which are perfect for swimming, snorkeling, kayaking, and camping. The city also has a charming downtown area with shops, restaurants, and a farmers' market. If you're looking for more adventure, you can check out the BMX events or catch a Florida Gators football game in nearby Gainesville.

What is the food scene like in High Springs? +

The food scene in High Springs is a mix of traditional cuisine and fresh, locally-sourced ingredients. You can find great restaurants like the Great Outdoors Restaurant, which offers hand-cut steaks and vegan options, and El Toro Mexican Restaurant, which serves traditional Mexican cuisine in a cozy atmosphere. There are also plenty of great food trucks and casual eateries, like the ones near the downtown area, that offer a range of options from burgers to seafood.

What are the pros and cons of living in High Springs? +

Living in High Springs has its pros and cons. On the plus side, the city has a unique small-town charm, natural beauty, and a close-knit community. However, some residents have noted that the city has lost some of its charm due to development and traffic, and there can be issues with noise and overcrowding. Additionally, the city has a relatively high poverty rate and income inequality. Overall, it's essential to weigh the pros and cons and consider what's important to you when deciding whether to live in High Springs.

Is High Springs a good place to live? +

Whether High Springs is a good place to live depends on your individual preferences and priorities. If you value a small-town atmosphere, outdoor activities, and a close-knit community, High Springs might be an excellent choice. However, if you're looking for a more urban lifestyle or are concerned about issues like traffic and poverty, you might want to consider other options. Ultimately, it's crucial to visit the city, talk to residents, and get a feel for the area before making a decision.

High Springs, FL Commercial Investment Properties for Sale

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

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

📊 Avg Property Tax Rate For High Springs FL Properties: 1.1800%

📊 Average Income For High Springs FL Commercial Property: $53,295

Investor Questions For High Springs FL

High Springs FL Real Estate & City Facts

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