Laurinburg, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Laurinburg, North Carolina Market population: 16K. Compare commercial properties across all major asset classes...
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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 Laurinburg NC Properties: 4.3450%
⭐ 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 Laurinburg NC
Common questions from investors exploring commercial real estate in Laurinburg NC.
What's the overall investment potential of Laurinburg, NC, considering its demographics and economy?
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Laurinburg's diverse population, with 54.9% Black or African American, 34.4% White, and 4.1% American Indian or Alaska Native, combined with a median household income of $29,491 and a poverty rate of 31.9%, suggests a working-class market with potential for affordable housing investments. The city's top industries, including Health Care & Social Assistance and Retail Trade, indicate a stable employment base, while the 22.5-minute average commute time and high health insurance coverage rate of 86.2% suggest a relatively stable quality of life for residents.
How does the city's commute time and transportation infrastructure impact rental yields and property values?
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The average commute time of 22.5 minutes in Laurinburg, with 83.1% of residents driving alone and 11.2% carpooling, indicates a relatively convenient and accessible location, which can positively impact rental yields and property values. Additionally, the median property value of $94,400 and median property taxes of $844 suggest a relatively affordable housing market, making it an attractive option for investors looking for stable cash flow and potential long-term appreciation.
What are the implications of Laurinburg's poverty rate and health insurance coverage on tenant quality and investment risk?
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The 31.9% poverty rate in Laurinburg, combined with a high health insurance coverage rate of 86.2%, suggests that while there may be challenges related to tenant income and employment stability, there is also a degree of social support and access to healthcare, which can mitigate some of these risks. Investors should carefully consider these factors when evaluating potential investments and developing strategies for tenant screening and property management.
How does the city's ethnic diversity and industry base impact market demand and investment opportunities?
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Laurinburg's diverse population and industry base, including Health Care & Social Assistance, Retail Trade, and Educational Services, suggest a relatively stable and growing economy, with potential opportunities for investments in affordable housing, commercial properties, and healthcare-related facilities. The city's foreign-born rate of 3.42% and top ethnicities also indicate a potential demand for culturally sensitive and affordable housing options, which investors can capitalize on by developing targeted marketing strategies and property offerings.
What role do education and income inequality play in shaping the city's real estate market and investment potential?
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The relatively low median household income of $29,491 and high poverty rate of 31.9% in Laurinburg, combined with a GINI coefficient of 0.483 indicating moderate income inequality, suggest that education and job training programs may be essential for promoting economic mobility and stability among residents. Investors should consider these factors when evaluating potential investments and developing strategies for community engagement and social responsibility, such as partnering with local organizations to provide education and job training programs for residents.
Laurinburg NC Real Estate & City Facts
Key facts and real estate information about Laurinburg NC.
What are some of the best neighborhoods to live in Laurinburg?
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Some of the best neighborhoods to live in Laurinburg include McKenzie Acres East, which is known for its friendly atmosphere and well-kept homes. Other neighborhoods to consider are McArthur Crossroads and Spring Hill Township.
What are some fun things to do in Laurinburg?
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There are plenty of fun things to do in Laurinburg, such as visiting the North Carolina Rural Heritage Center, exploring the trails at Market Park, or catching a movie at the Laurinburg Cinema. You can also check out the Utopia Room for some arcade games and entertainment.
What is the food scene like in Laurinburg?
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The food scene in Laurinburg is diverse and delicious, with a range of restaurants to choose from. Some popular spots include The Burgs 401, Grahams Buffet, Captain Larry's Seafood & Steakhouse, and Railroad Bar & Grill. There are also plenty of great food trucks and cafes to grab a quick bite.
What are the pros and cons of living in Laurinburg?
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The pros of living in Laurinburg include its friendly community, affordable housing, and outdoor recreational opportunities. However, some cons to consider are the limited job opportunities and higher poverty rate compared to other areas. Overall, Laurinburg is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Laurinburg a good place to live?
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Laurinburg can be a good place to live for those who are looking for a small-town atmosphere and a strong sense of community. While it may not have all the amenities and job opportunities of a larger city, it offers a unique charm and a low cost of living. Ultimately, whether or not Laurinburg is a good place to live depends on your individual priorities and preferences.
⭐ 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 Laurinburg NC Commercial Property: $29,491
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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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