Lyman, SC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lyman, South Carolina Market population: 3K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Lyman SC 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 Lyman SC
Common questions from investors exploring commercial real estate in Lyman SC.
What's the overall investment potential of Lyman, SC, considering its demographics and economy?
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With a median household income of $44,444 and a relatively low poverty rate of 8.1%, Lyman, SC, presents a stable investment market, further strengthened by its diverse top industries, including Wholesale Trade, Manufacturing, and Transportation & Warehousing, & Utilities, which can support a wide range of tenants, and a high health insurance coverage rate of 91.6% indicating a stable and secure population.
How does the ethnic diversity and commute time in Lyman, SC, impact the rental market?
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The ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community, while the average commute time of 15.9 minutes, primarily through driving alone, carpooling, or working from home, suggests a convenient and flexible lifestyle for renters, making the area attractive for potential tenants from various backgrounds and industries, including those from the top industries of Wholesale Trade, Manufacturing, and Transportation & Warehousing, & Utilities.
What are the implications of the poverty rate and health insurance coverage for real estate investors in Lyman, SC?
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The combination of a low poverty rate of 8.1% and high health insurance coverage of 91.6% in Lyman, SC, indicates a relatively stable and secure tenant base, suggesting lower risks for investors, as employed individuals with health insurance are more likely to meet rental obligations, and the low poverty rate reflects a community with a stronger economic foundation, supported by top industries like Manufacturing and Wholesale Trade.
How does the homeownership rate and median property value influence the rental market in Lyman, SC?
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With a high homeownership rate of 85.2% and a median property value of $113,000, Lyman, SC, may have a competitive rental market, but the relatively low median gross rent of $844 and the fact that rent is 18.1% of the income suggest that there is still room for profitable rental investments, especially considering the stable employment in industries like Transportation & Warehousing, & Utilities, and the low poverty rate of 8.1%, which together contribute to a stable tenant base.
What role does the commute time and top industries play in assessing market demand for real estate investments in Lyman, SC?
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The short average commute time of 15.9 minutes in Lyman, SC, coupled with the presence of robust industries such as Manufacturing, Wholesale Trade, and Transportation & Warehousing, & Utilities, suggests a strong demand for housing, as these industries can attract and retain a stable workforce, thereby supporting a consistent rental market, and the diversity in top ethnicities, including White, White Non-Hispanic, and Black, further enriches the community, making it an attractive location for a variety of potential tenants.
Lyman SC Real Estate & City Facts
Key facts and real estate information about Lyman SC.
What are some of the best neighborhoods to live in Lyman?
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Some of the best neighborhoods to live in Lyman, SC are Shaws Creek Farm, Downtown Greenville, Augusta Street Area, North Main Area, Viola Street Area, Pleasant Valley, Highland Golf Villas, Pleasantburg, Fleetwood Plaza, and Overbrook. These neighborhoods offer a range of housing options and are considered safe and desirable places to live.
What are some fun things to do in Lyman?
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There are several fun things to do in Lyman, SC, including visiting the nearby parks and museums, exploring the downtown area, and enjoying the local restaurants and shops. Some popular attractions in the area include the Lyman Lake, the Spartanburg County Museum, and the Greenville County Museum of Art.
What is the food scene like in Lyman?
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I was unable to find information about the specific food scene in Lyman, SC, but the surrounding area is known for its Southern cuisine and barbecue. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Lyman?
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The pros of living in Lyman, SC include its safe and desirable neighborhoods, convenient location, and range of outdoor recreational activities. However, the city may lack some of the amenities and entertainment options of larger cities, and traffic can be a issue in some areas.
Is Lyman a good place to live?
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Overall, Lyman, SC is a great place to live for those who value a safe and welcoming community, outdoor recreation, and a convenient location. While it may not have all the amenities of a larger city, it offers a unique blend of small-town charm and natural beauty.
⭐ 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 Lyman SC Commercial Property: $44,444
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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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