Piney Green, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Piney Green, North Carolina Market population: 14K. Explore income-producing properties with verified cap rates...
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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 Piney Green NC Properties: 0.6600%
⭐ 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 Piney Green NC
Common questions from investors exploring commercial real estate in Piney Green NC.
What's the overall investment potential of Piney Green, NC, considering its demographics and economy?
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Piney Green's median household income of $47,805, combined with a poverty rate of 14.6% and a high health insurance coverage of 91.7%, suggests a relatively stable market with a mix of working-class and more affluent residents, driven by top industries like Public Administration and Manufacturing.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, along with an average commute time of 25.5 minutes and a preference for driving alone or carpooling, indicates a rental market with a broad appeal to different demographics and a relatively convenient location.
What are the implications of Piney Green's income inequality and employment rate for real estate investors?
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The GINI coefficient of 0.371, indicating moderate income inequality, coupled with an employed population of 4,730 and a median household income of $47,805, suggests that investors should focus on affordable housing options that cater to the working-class population, while also considering the potential for appreciation in property values.
How do the city's homeownership rate and property taxes influence the investment landscape?
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Piney Green's homeownership rate of 54.6% and median property taxes of $2,652 imply a relatively balanced market between owners and renters, with opportunities for investors to capitalize on rental yields, particularly in areas with lower property taxes and higher demand for housing.
What role do health insurance coverage and commute methods play in assessing market stability and tenant quality?
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The high health insurance coverage rate of 91.7% and the prevalence of driving alone or carpooling as commute methods suggest a relatively stable and healthy population, which can contribute to a lower risk of tenant turnover and higher quality of renters, making Piney Green an attractive location for real estate investment.
Piney Green NC Real Estate & City Facts
Key facts and real estate information about Piney Green NC.
What are some of the best neighborhoods to live in Piney Green?
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Some of the best neighborhoods to live in Piney Green, NC, are in the northeast parts of the city, while more affordable homes are in the southwest regions. Neighborhoods like Aldersgate are considered nice, but it's best to steer clear of some areas like Piney Green. It's always a good idea to research and visit the area before making a decision.
What are some fun things to do in Piney Green?
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There are plenty of fun things to do in Piney Green, NC, such as visiting the Possumwood Acres Wildlife Sanctuary, playing games at Cracked It Escape Games, or enjoying the outdoors at Northeast Creek Park. You can also take a trip to nearby Jacksonville and explore its many attractions, like the Lejeune Memorial Gardens or the Walton's Distillery.
What is the food scene like in Piney Green?
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The food scene in Piney Green, NC, is quite amazing, with a variety of international cuisine available. You can find great restaurants like Jeff's Burgers, Dogs & Shakes, which serves nostalgic diner-style food, or try some fresh Southern-inspired cuisine at 34° North Restaurant in nearby Beaufort. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Piney Green?
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The pros of living in Piney Green, NC, include its affordable housing, outdoor recreational opportunities, and a growing food scene. However, some cons include the need to research and choose the right neighborhood, as some areas are considered nicer than others. Additionally, the city's crime rate is higher than average, so it's essential to take necessary precautions to ensure safety.
Is Piney Green a good place to live?
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Piney Green, NC, can be a good place to live, depending on your individual preferences and priorities. It offers a unique blend of outdoor recreation, cultural attractions, and a growing food scene, making it an excellent choice for those who value these aspects. However, it's crucial to weigh the pros and cons, research the area thoroughly, and consider factors like safety and neighborhood quality before making a decision.
⭐ 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 Piney Green NC Commercial Property: $47,805
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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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