Northville, SD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Northville, South Dakota Market population: 6K. 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 Northville MI Properties: 0.9300%
⭐ 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 Northville MI
Common questions from investors exploring commercial real estate in Northville MI.
What's the overall investment potential of Northville, MI?
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With a median household income of $89,116 and a low poverty rate of 4.3%, Northville presents a stable market, further reinforced by its high health insurance coverage of 97.1% and relatively short average commute time of 22.4 minutes, indicating a strong, employed population.
How does the ethnic diversity and industry mix impact demand in Northville?
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The city's top ethnicities, including White and Asian populations, contribute to a diverse community, while its leading industries such as Transportation & Warehousing and Professional, Scientific, & Management Services, suggest a robust job market, which can drive housing demand and support rental yields.
What are the implications of Northville's commute patterns and health insurance rates for investors?
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The prevalence of driving alone and working from home among commute methods, combined with an average commute time of 22.4 minutes, points to a convenient and flexible lifestyle for residents, and when paired with the high health insurance rate of 97.1%, it indicates a population with access to resources, potentially leading to more reliable tenants.
How do property values and taxes in Northville compare to its demographic and economic indicators?
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The median property value of $238,300 and median property taxes of $1,801, set against the backdrop of a $89,116 median household income and a poverty rate of 4.3%, suggest that housing in Northville is relatively affordable for its residents, which could contribute to a stable housing market and attract investors looking for balanced risk and return.
What role does the GINI coefficient and employment rate play in assessing Northville's investment stability?
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A GINI coefficient of 0.468, which is relatively moderate, and an employed population of 3,050, indicate a level of income equality and a strong workforce, respectively, both of which are crucial for maintaining a stable and growing real estate market, as they suggest a consistent demand for housing from a financially stable population.
Northville MI Real Estate & City Facts
Key facts and real estate information about Northville MI.
What are some of the best neighborhoods to live in Northville?
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Some of the best neighborhoods to live in Northville include the historic downtown area, which offers a vibrant business district, historic buildings, and plenty of parks and trails for relaxing and enjoying nature. Other popular neighborhoods include the ones near Maybury State Park and the Northville Township.
What are some fun things to do in Northville?
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There are plenty of fun things to do in Northville, such as visiting the Tipping Point Theatre, exploring the trails at Maybury State Park, or checking out the unique fairy doors around town. You can also visit the Northville Art House, which brings creativity to the heart of the community with dynamic exhibitions, programs, and events.
What is the food scene like in Northville?
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The food scene in Northville is vibrant and diverse, with a range of upscale restaurants, casual eateries, and unique dining experiences. Some popular spots include NOMI Lounge, Jia Lounge, The Ledger, and Lucy & The Wolf. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Northville?
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The pros of living in Northville include its vibrant downtown area, historic charm, and plenty of outdoor recreational opportunities. However, some cons include the higher cost of living, traffic, and limited job opportunities in certain industries. Overall, Northville is a great place to live for those who value a strong sense of community and small-town charm.
Is Northville a good place to live?
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Yes, Northville is a good place to live for those who value a strong sense of community, historic charm, and plenty of outdoor recreational opportunities. While it may have some drawbacks, such as a higher cost of living, the pros outweigh the cons for many residents. With its vibrant downtown area, excellent schools, and low crime rate, Northville is an attractive option for families, young professionals, and retirees alike.
⭐ 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 Northville MI Commercial Property: $89,116
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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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