Pikeville, KY High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pikeville, Kentucky Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ 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 Pikeville KY Properties: 1.3300%
⭐ 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 Pikeville KY
Common questions from investors exploring commercial real estate in Pikeville KY.
What's the overall investment potential of Pikeville, KY, considering its demographics and economy?
+
Pikeville, KY's investment potential is influenced by its relatively low median household income of $31,419 and a poverty rate of 24.9%, but the high health insurance coverage of 95.5% and short average commute time of 18.4 minutes suggest a stable workforce, which could be attractive for investors looking for a working-class market with employment stability, particularly in the dominant Health Care & Social Assistance industry.
How does the ethnic diversity and industry mix in Pikeville, KY impact the local real estate market?
+
The city's ethnic diversity, led by a predominantly White population at 93.6%, combined with its top industries in Health Care & Social Assistance, Retail Trade, and Educational Services, indicates a relatively stable market demand, which could be favorable for real estate investors, especially considering the city's high homeownership rate of 55.6% and median property value of $123,400.
What are the implications of Pikeville, KY's commute patterns and health insurance coverage for real estate investors?
+
The short average commute time of 18.4 minutes and the high percentage of residents who drove alone to work at 85.5% suggest convenient transportation options, while the excellent health insurance coverage of 95.5% points to a relatively healthy and stable population, which are positive factors for investors assessing the quality of life and potential tenant reliability in Pikeville, KY.
How do income inequality and poverty rates in Pikeville, KY affect the attractiveness of the city for real estate investment?
+
Pikeville, KY's GINI coefficient of 0.443 indicates moderate income inequality, and the poverty rate of 24.9% is a consideration for investors, but the presence of strong industries like Health Care & Social Assistance and the city's relatively low median property taxes of $941 could offset some of these concerns, making it essential for investors to weigh these factors carefully when evaluating the local market's potential for growth and stability.
What role do education levels and the local job market play in the real estate investment potential of Pikeville, KY?
+
The city's high school graduation rate of 85.3% and the percentage of residents with a Bachelor's degree or higher at 23.2% are important for attracting and retaining a skilled workforce, which is crucial for the local economy and, by extension, the real estate market, especially given the significant employment in sectors like Educational Services and Health Care & Social Assistance, suggesting a market with potential for stable, long-term growth.
Pikeville KY Real Estate & City Facts
Key facts and real estate information about Pikeville KY.
What are some of the best neighborhoods to live in Pikeville?
+
Some of the best neighborhoods to live in Pikeville, KY are Broad Bottom, Mossy Bottom, Coal Run Village, and South Williamson. These areas offer a range of housing options and are considered to be safe and desirable places to live.
What are some fun things to do in Pikeville?
+
There are plenty of fun things to do in Pikeville, KY, including visiting the Dueling Barrels Brewery & Distillery, exploring the Appalachian Wireless Arena, and checking out the Bob Amos Park. You can also visit the Dils Cemetery, go ziplining or kayaking, or attend one of the many festivals and events held in the city throughout the year.
What is the food scene like in Pikeville?
+
The food scene in Pikeville, KY is diverse and offers a range of options, from down-home cooking to more exquisite cuisine. Some popular restaurants include Coles 735 on Main, The Mine 606, and Miss Betty's Diner And Pizzeria. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Pikeville?
+
The pros of living in Pikeville, KY include its natural beauty, outdoor recreational opportunities, and small-town charm. However, some cons include the city's limited job opportunities and higher poverty rate compared to other areas. Additionally, the city's remote location can make it difficult to access certain amenities and services.
Is Pikeville a good place to live?
+
Pikeville, KY can be a good place to live for those who value a close-knit community, outdoor recreation, and a slower pace of life. While it may not offer all the amenities and job opportunities of a larger city, it has a unique charm and natural beauty that makes it an attractive option for many people. Ultimately, whether or not Pikeville 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 Pikeville KY Commercial Property: $31,419
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement