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Norcross, MN High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Norcross, Minnesota Market population: 14K. Explore income-producing properties with verified cap rates and operating...

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12 properties found
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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Norcross GA Properties: 1.2800%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Norcross GA

Common questions from investors exploring commercial real estate in Norcross GA.

What's the overall investment potential of Norcross, GA, considering its demographics and economy? +
The city's median household income of $43,046, combined with a poverty rate of 20.1% and a health insurance coverage of 70.6%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Public Administration and Finance & Insurance, indicate a diverse economy, while the Hispanic and White populations contribute to the city's ethnic diversity.
How does the commute time and transportation infrastructure impact the quality of life for renters in Norcross, GA? +
The average commute time of 31.2 minutes, with top commute methods including Drove Alone, Worked At Home, and Carpooled, indicates a relatively manageable commute. This, combined with a health insurance coverage rate of 70.6%, suggests that renters in Norcross enjoy a decent quality of life, making it an attractive location for investment.
What are the implications of the city's income inequality and poverty rate on the real estate market? +
The GINI coefficient of 0.497 and a poverty rate of 20.1% suggest a notable level of income inequality in Norcross. However, the median property value of $148,800 and median property taxes of $2,344 indicate a relatively affordable housing market, which could attract investors looking for opportunities in a diverse economic environment.
How does the ethnic diversity and industry mix in Norcross, GA, influence the demand for housing and rentals? +
The city's top ethnicities, including Hispanic and White populations, contribute to a diverse cultural landscape, which can drive demand for housing and rentals. The presence of top industries like Information and Finance & Insurance also suggests a strong demand for housing from professionals and families, making Norcross an attractive location for real estate investment.
What's the outlook for property appreciation and rental yields in Norcross, GA, considering its housing market and economic trends? +
The median property value of $148,800 and a homeownership rate of 52.6% indicate a relatively stable housing market. With a poverty rate of 20.1% and a health insurance coverage rate of 70.6%, the city's working-class and middle-class residents can contribute to a steady demand for rentals, potentially driving property appreciation and rental yields in the long term.

Norcross GA Real Estate & City Facts

Key facts and real estate information about Norcross GA.

What are some of the best neighborhoods to live in Norcross? +
Some of the best neighborhoods to live in Norcross include Hien Trinh, which is a clean and family-friendly area with well-kept homes, and Peachtree Corners, which is a desirable suburb with nice neighborhoods and room for growth. Other neighborhoods like those in the northwest part of the city tend to be more desired, while the northeast regions have more affordable homes.
What are some fun things to do in Norcross? +
There are plenty of fun things to do in Norcross, such as visiting the Tiny Towne amusement park, exploring the Jones Bridge Park, and attending events like the outdoor summer concert series and the annual art festival in downtown historic Norcross. You can also check out the Robert D. Fowler Family YMCA and the Norcross Cultural Arts and Community Center for more activities.
What is the food scene like in Norcross? +
The food scene in Norcross is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include 45 South Café, Bleu House, and Who Wanna Pho for Vietnamese food. There are also plenty of great food trucks and restaurants in the downtown area, such as Glacier Ice Bar & Kitchen and Eating Americana, which offer a fun dining experience.
What are the pros and cons of living in Norcross? +
The pros of living in Norcross include its rich history, vibrant arts scene, and playful outdoor landscape, making it a great place to live for those who enjoy a mix of culture and recreation. However, some neighborhoods can feel a bit run down, and the city has a higher poverty rate compared to other areas. Overall, Norcross offers a unique blend of small-town charm and urban amenities, but it's essential to weigh the pros and cons before deciding to move there.
Is Norcross a good place to live? +
Norcross can be a good place to live for those who appreciate its unique character and are willing to look beyond some of its challenges. The city has a lot to offer, from its historic downtown area to its various parks and recreational facilities. While it may not be the best fit for everyone, Norcross is definitely worth considering for those who value a strong sense of community and a mix of urban and small-town living.
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Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Norcross GA Commercial Property: $43,046

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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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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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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