Kings Mountain, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Kings Mountain, North Carolina Market population: 11K. Compare commercial properties across all major asset...
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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 Kings Mountain NC Properties: 0.9000%
⭐ 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 Kings Mountain NC
Common questions from investors exploring commercial real estate in Kings Mountain NC.
What's the overall investment potential of Kings Mountain, NC?
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The city's median household income of $43,419, combined with a relatively high poverty rate of 18.1%, suggests a working-class market with some employment stability, and the 88.2% health insurance coverage indicates a relatively stable tenant base. The top industries, including Manufacturing, Retail Trade, and Healthcare & Social Assistance, drive the local economy, and the diverse population with top ethnicities like White, Black or African American, and Asian, contributes to a vibrant community. With an average commute time of 25.6 minutes and top commute methods like Drove Alone, Carpooled, and Worked At Home, the city's infrastructure supports a convenient lifestyle.
How does the local economy impact real estate investment in Kings Mountain?
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The employed population of 5,201 and top industries like Manufacturing, Retail Trade, and Healthcare & Social Assistance, contribute to a stable economy, while the median property value of $143,400 and median property taxes of $1,344, indicate a relatively affordable housing market. The GINI coefficient of 0.451 suggests some income inequality, but the foreign-born rate of 8.1% and diverse top ethnicities, including White, Black or African American, and Asian, contribute to a culturally rich community, which can attract businesses and residents. The average household size of 2.45 and homeownership rate of 64.9% also provide insights into the local housing demand.
What are the key factors to consider when evaluating rental yields in Kings Mountain?
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The median gross rent of $844, combined with the median property value of $143,400, suggests a relatively stable rental yield, and the poverty rate of 18.1% and health insurance coverage of 88.2% provide insights into the tenant quality and stability. The top commute methods, including Drove Alone, Carpooled, and Worked At Home, indicate a convenient lifestyle, and the top industries, including Manufacturing, Retail Trade, and Healthcare & Social Assistance, drive the local job market, which can impact rental demand. The average commute time of 25.6 minutes also affects the quality of life and attractiveness of the area to potential tenants.
How does the demographic diversity of Kings Mountain impact real estate investment?
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The city's diverse population, with top ethnicities like White (73.1%), Black or African American (20.5%), and Asian (2.3%), contributes to a vibrant community, and the foreign-born rate of 8.1% indicates a degree of cultural diversity, which can attract businesses and residents. The median age of 40.4 and average household size of 2.45 provide insights into the local housing demand, and the top languages, including English, Spanish, and Other Indo-European, suggest a linguistically diverse population. The health insurance coverage of 88.2% and poverty rate of 18.1% also impact the overall quality of life and stability of the tenant base.
What are the implications of the local housing market trends for real estate investors in Kings Mountain?
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The median property value of $143,400 and median property taxes of $1,344, indicate a relatively affordable housing market, and the homeownership rate of 64.9% suggests a stable community, while the average commute time of 25.6 minutes and top commute methods, including Drove Alone, Carpooled, and Worked At Home, contribute to a convenient lifestyle. The top industries, including Manufacturing, Retail Trade, and Healthcare & Social Assistance, drive the local economy, and the GINI coefficient of 0.451 suggests some income inequality, but the overall trend suggests a stable and relatively affordable housing market, which can be attractive to real estate investors.
Kings Mountain NC Real Estate & City Facts
Key facts and real estate information about Kings Mountain NC.
What are some of the best neighborhoods to live in Kings Mountain?
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Some of the best neighborhoods to live in Kings Mountain include Oak Grove, Westover, and other family-friendly suburban areas with tree-lined streets and spacious lots. According to Nextdoor, Oak Grove is a peaceful and family-friendly neighborhood with a strong sense of community and safety. Westover is also a popular choice, with its residential area featuring well-maintained homes and a suburban feel.
What are some fun things to do in Kings Mountain?
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There are plenty of fun things to do in Kings Mountain, including visiting Crowders Mountain State Park, hiking the Kings Mountain Gateway Trail, and exploring the Veronet Vineyard & Winery. You can also check out the Discover Kings Mountain website for more ideas on history, scenery, and award-winning vineyards. Additionally, the Kings Mountain National Military Park offers special events and battle anniversary information.
What is the food scene like in Kings Mountain?
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The food scene in Kings Mountain is diverse, with a range of restaurants serving American eats, steak, and international cuisine. Some popular spots include 133 West, Rice, 238 Cherokee Grill, and Chat-N-Nibble. You can also find great food at Big Red's Cafe, Carolina Cafe, and Carolina Steak & Ribs, which are just a short drive away. Additionally, there's a family-run Laotian restaurant called Pho 98 that's worth trying.
What are the pros and cons of living in Kings Mountain?
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The pros of living in Kings Mountain include its peaceful and family-friendly neighborhoods, scenic views, and outdoor recreational opportunities. However, some cons include the need to drive to nearby cities for more amenities and entertainment options. The city also has a relatively high poverty rate and income inequality. Overall, Kings Mountain is a great choice for those who value a close-knit community and easy access to nature, but may not be the best fit for those looking for a more urban lifestyle.
Is Kings Mountain a good place to live?
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Kings Mountain can be a good place to live for those who value a peaceful and family-friendly community, with easy access to outdoor recreation and a strong sense of history. While it may not have all the amenities and entertainment options of a larger city, it offers a unique blend of small-town charm and natural beauty. Ultimately, whether Kings Mountain is a good place to live depends on your individual priorities and preferences. If you're looking for a close-knit community and a more relaxed pace of life, Kings Mountain may be an excellent choice.
⭐ 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 Kings Mountain NC Commercial Property: $43,419
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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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