Prescott, IA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Prescott, Iowa Market population: 40K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Prescott AZ Properties: 0.3400%
⭐ 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 Prescott AZ
Common questions from investors exploring commercial real estate in Prescott AZ.
What is the overall investment potential of Prescott, AZ, considering its demographic and economic factors?
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The combination of a relatively low poverty rate of 12.8% and high health insurance coverage of 91.8% suggests a stable market with access to employment opportunities, making Prescott an attractive location for real estate investment, especially when considering the top industries such as Finance & Insurance, and Real Estate & Rental & Leasing, which can drive demand for housing.
How does the ethnic diversity and industry mix in Prescott impact the demand for real estate?
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The diversity in Prescott, with top ethnicities including White, White Non-Hispanic, and Hispanic, coupled with a mix of industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Information, indicates a varied economy that can support a range of housing needs, from affordable to higher-end properties, thus offering investors a broad spectrum of opportunities.
What role do commute times and health insurance coverage play in assessing the quality of life and market stability in Prescott?
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The average commute time of 16.7 minutes, which is relatively short, and the high health insurance coverage rate of 91.8% contribute to a high quality of life, suggesting that Prescott offers a stable and attractive environment for residents, which in turn, can lead to a more stable real estate market with consistent demand for housing.
How do the median property value and property taxes in Prescott influence real estate investment decisions?
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The median property value of $263,100 and median property taxes of $12,146 in Prescott need to be considered in the context of the median household income of $44,224 and the poverty rate of 12.8%, indicating that while property values are substantial, the overall economic conditions and relatively low poverty rate may support the affordability and attractiveness of real estate investments in the area.
What insights can be gained from the homeownership rate and top commute methods in Prescott for real estate investors?
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The high homeownership rate of 67.2% and the prevalence of commute methods such as driving alone, working from home, and carpooling suggest a community with a strong sense of stability and flexibility, which can be appealing to both homeowners and renters, thereby potentially increasing demand for real estate and making Prescott an interesting market for investors to consider.
Prescott AZ Real Estate & City Facts
Key facts and real estate information about Prescott AZ.
What are some of the best neighborhoods to live in Prescott?
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Some of the best neighborhoods to live in Prescott include Iron Springs, Prescott Lakes, Talking Rock Ranch, American Ranch, Hassayampa Village, and Granite Dells. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in Prescott?
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There are plenty of fun things to do in Prescott, including hiking and biking trails, visiting the Downtown Historic Area, exploring Watson Lake and Granite Dells, and checking out the local breweries and art galleries. You can also visit the Whiskey Row, a historic district with shops, restaurants, and bars.
What is the food scene like in Prescott?
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The food scene in Prescott is casual and diverse, with a range of restaurants serving everything from burgers and wood-fired pizzas to hearty breakfasts and pastries. Some popular restaurants include Murphy's, The Barley Hound, Bistro St. Michael, and Vino at Prescott Pines. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Prescott?
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The pros of living in Prescott include its natural beauty, outdoor recreation opportunities, and small-town charm. However, some cons include the limited job market, high cost of living, and potential for summer heat. Additionally, some areas of Prescott can be prone to wildfires, so it's essential to be aware of the risks and take necessary precautions.
Is Prescott a good place to live?
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Whether or not Prescott is a good place to live depends on your individual preferences and priorities. If you value a relaxed, small-town atmosphere, outdoor recreation opportunities, and a strong sense of community, Prescott may be an excellent choice. However, if you're looking for a more urban lifestyle or a wider range of job opportunities, you may want to consider other options. Ultimately, it's crucial to weigh the pros and cons and visit Prescott in person to get a feel for the area 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 Prescott AZ Commercial Property: $44,224
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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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