Orange City, IA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Orange City, Iowa Market population: 11K. Explore income-producing properties with verified cap rates and...
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11 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 Orange City FL Properties: 0.8300%
⭐ 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 Orange City FL
Common questions from investors exploring commercial real estate in Orange City FL.
What's the overall investment potential of Orange City, FL, considering its demographics and economy?
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With a median household income of $29,050 and a poverty rate of 16.5%, Orange City presents a mixed bag for investors, but its diverse top industries, including Construction and Finance & Insurance, alongside a relatively high health insurance coverage rate of 89.3%, suggest a stable workforce and potential for growth.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, while the average commute time of 27.4 minutes, primarily by driving alone or carpooling, indicates a manageable and connected city, which can attract a wide range of renters.
What are the implications of the city's income inequality and employment rates for real estate investors?
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Orange City's GINI coefficient of 0.412 and an employed population of 3,521 out of 10,823 residents suggest a notable income inequality, but the presence of strong industries like Construction and Transportation & Warehousing could support a stable tenant base, especially when combined with the city's 89.3% health insurance coverage rate.
How do the median property value and taxes influence the decision to invest in Orange City?
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The median property value of $75,500 and median property taxes of $2,475 make Orange City an attractive option for investors looking for relatively affordable properties, and when considering the 51.9% homeownership rate, there's a notable potential for rental income, especially given the city's diverse economic base and decent commute times.
What role does the foreign-born rate and top occupations play in assessing market demand?
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The foreign-born rate of 8.5% and top occupations in Management, Business, Science, & Arts Occupations indicate a cosmopolitan and skilled workforce, which, combined with the city's top industries, suggests a demand for housing that can accommodate diverse professional needs, making it an interesting market for investors looking to cater to a variety of tenants.
Orange City FL Real Estate & City Facts
Key facts and real estate information about Orange City FL.
What are some of the best neighborhoods to live in Orange City?
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Some of the best neighborhoods to live in Orange City include West Highlands and DeBary. West Highlands is a peaceful, family-friendly neighborhood with quiet streets lined with trees, while DeBary has some old, peaceful neighborhoods with a nice amount of space between houses. Both areas are considered safe and are great options for those looking to move to the area.
What are some fun things to do in Orange City?
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There are plenty of fun things to do in Orange City, including visiting Blue Spring State Park, Thursby House, and Museum of Art - Deland. You can also explore the scenic waterfront, family-friendly parks, and events in the area. If you're looking for outdoor activities, you can try camping, canoeing, fishing, or picnicking at Lake Monroe Park Boardwalk.
What is the food scene like in Orange City?
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The food scene in Orange City is diverse and exciting, with a range of restaurants serving different cuisines. Some popular options include Fire on the Bayou, Orange Social, Lelo's BBQ, and Mi Tierra Authentic Mexican Restaurant. There are also plenty of great food trucks and casual eateries to try. Whether you're in the mood for American, Mexican, or Asian food, you'll find something to suit your taste in Orange City.
What are the pros and cons of living in Orange City?
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The pros of living in Orange City include its peaceful and safe neighborhoods, scenic waterfront, and family-friendly parks and events. However, some cons include the limited job opportunities and lower median household income compared to other areas. Additionally, the city may not have as many amenities or entertainment options as larger cities. Overall, Orange City is a great option for those looking for a quiet and affordable place to live, but it may not be the best fit for everyone.
Is Orange City a good place to live?
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Orange City can be a good place to live for those who value a peaceful and safe community with a strong sense of small-town charm. While it may not have all the amenities and job opportunities of a larger city, it offers a unique and affordable lifestyle that can be appealing to many people. Ultimately, whether or not Orange City is a good place to live depends on your individual priorities and preferences. If you're looking for a quiet and affordable place to call home, Orange City may be worth considering.
⭐ 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 Orange City FL Commercial Property: $29,050
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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 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
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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
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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