Lake Butler, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lake Butler, Florida Market population: 17K. 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 Lake Butler FL Properties: 0.9700%

📊 Average Income For Lake Butler FL Commercial Property: $123,042

Investor Questions For Lake Butler FL

Common questions from investors exploring commercial real estate in Lake Butler FL.

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

With a median household income of $123,042 and a relatively low poverty rate of 5.3%, Lake Butler presents a stable investment market, further strengthened by its diverse economy led by industries like Wholesale Trade and Finance & Insurance, which cater to a population with a high health insurance coverage rate of 93.8%.

How does the ethnic diversity and foreign-born rate impact the demand for real estate in Lake Butler? +

The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a foreign-born rate of 14.1%, suggests a culturally rich and potentially dynamic housing market, which could be attractive for investors looking to capitalize on rental properties, especially considering the high homeownership rate of 82.5% and the average commute time of 25.1 minutes.

What are the implications of Lake Butler's commute times and health insurance coverage for real estate investors? +

The average commute time of 25.1 minutes, coupled with a high health insurance coverage rate of 93.8%, indicates a stable and healthy workforce, which is beneficial for investors as it suggests a lower risk of tenant turnover and higher reliability in rental income, making properties in Lake Butler more attractive for long-term investment strategies.

How do the top industries in Lake Butler influence the local real estate market and investor demand? +

The presence of top industries such as Wholesale Trade, Information, and Finance & Insurance, & Real Estate & Rental & Leasing, contributes to a strong and diversified economic base, which can lead to a more stable and growing demand for housing, both for ownership and rental, thereby presenting opportunities for real estate investors to capitalize on a market with a median property value of $555,000 and median property taxes of $4,574.

What role does the GINI coefficient and poverty rate play in assessing the quality of tenants and market stability in Lake Butler? +

The GINI coefficient of 0.465, indicating a moderate level of income inequality, combined with a low poverty rate of 5.3%, suggests that Lake Butler has a relatively stable and affluent population, which can translate to more reliable tenants and a lower risk of investment, especially when considering the high employment rate and the dominance of stable industries in the local economy.

Lake Butler FL Real Estate & City Facts

Key facts and real estate information about Lake Butler FL.

What are some of the best neighborhoods to live in Lake Butler? +

Some of the best neighborhoods to live in Lake Butler include Keene's Pointe, Windermere Trails, Lakes of Windermere, Isleworth, Summerport, Reserve at Lake Butler Sound, and Lake Cypress. These neighborhoods offer a range of housing options and amenities, and are located near the town's central area and the lake.

What are some fun things to do in Lake Butler? +

There are plenty of fun things to do in Lake Butler, including visiting the Union County Historical Museum, exploring the Palatka-Lake Butler State Trail, and enjoying the town's parks and outdoor recreational areas. You can also visit the nearby Sweetwater Wetlands Park or take a tram tour. Additionally, the town hosts various events and festivals throughout the year, such as the Lake Butler Festival.

What is the food scene like in Lake Butler? +

The food scene in Lake Butler is diverse and offers a range of options, including Subway, China 1, Simmer Down Lakeside Grill, Spires Country Deli, Skips Delicatessen, and Krispy Krunchy Chicken. There are also plenty of great food trucks and restaurants in the area, serving everything from fried chicken to Italian cuisine. You can also find delivery options through services like Uber Eats.

What are the pros and cons of living in Lake Butler? +

The pros of living in Lake Butler include its natural beauty, outdoor recreational opportunities, and small-town charm. However, some cons include the limited job opportunities and higher cost of living compared to other areas in Florida. Additionally, the town's remote location may make it difficult to access certain amenities or services. Overall, Lake Butler is a great place to live for those who value a peaceful, natural environment and a strong sense of community.

Is Lake Butler a good place to live? +

Lake Butler is a great place to live for those who value a peaceful, natural environment and a strong sense of community. The town offers a range of outdoor recreational opportunities, a diverse food scene, and a variety of community events and festivals. While it may have some limitations, such as limited job opportunities and a higher cost of living, overall Lake Butler is a wonderful place to call home.

Lake Butler, 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 Lake Butler FL Properties: 0.9700%

📊 Average Income For Lake Butler FL Commercial Property: $123,042

Investor Questions For Lake Butler FL

Lake Butler FL Real Estate & City Facts

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