Riverton, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Riverton, Minnesota Market population: 39K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Riverton UT Properties: 0.6100%
⭐ 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 Riverton UT
Common questions from investors exploring commercial real estate in Riverton UT.
What is the overall investment potential of Riverton, UT, considering its demographic and economic factors?
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Riverton, UT, with a median household income of $82,336 and a relatively low poverty rate of 3.6%, presents a stable investment market. The city's high health insurance coverage rate of 94.6% and low average commute time of 25.3 minutes also indicate a favorable quality of life, which can attract and retain residents, thereby supporting rental demand and property values.
How does the ethnic diversity and industry mix in Riverton impact the local real estate market?
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The ethnic diversity in Riverton, with top ethnicities including White (47.2%), White Non-Hispanic (44.7%), and Hispanic (4.1%), contributes to a vibrant community. The presence of top industries such as Finance & Insurance, Real Estate & Rental & Leasing, Information, and Manufacturing suggests a strong and diverse economic base, which can drive demand for housing and support long-term investment growth.
What are the implications of Riverton's commute patterns and health insurance coverage for real estate investors?
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The average commute time of 25.3 minutes in Riverton, combined with the prevalence of driving alone, working from home, and carpooling as top commute methods, indicates a city with manageable transportation options. Additionally, the high health insurance coverage rate of 94.6% suggests a population with access to healthcare, which can contribute to a stable and reliable tenant base for investors.
How do the poverty rate and employment statistics in Riverton influence the attractiveness of the city for real estate investment?
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Riverton's low poverty rate of 3.6% and significant employed population of 19,377 suggest a market with strong employment stability. This, coupled with a GINI coefficient of 0.322 indicating relatively low income inequality, makes Riverton an attractive location for investors seeking a balanced and sustainable real estate market.
What role do median property values and homeownership rates play in assessing Riverton as a potential investment location?
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With a median property value of $267,000 and a high homeownership rate of 88.0%, Riverton presents a market where property values are substantial and there is a strong preference for owning over renting. This can impact the rental market, potentially leading to higher demand for certain types of properties, and suggests that investors should consider strategies that appeal to homeowners or explore niche rental opportunities.
Riverton UT Real Estate & City Facts
Key facts and real estate information about Riverton UT.
What are some of the best neighborhoods to live in Riverton?
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Some of the best neighborhoods to live in Riverton include Glen Aire and Riverton/South Jordan, which are known for their friendliness and high home values. The northeast parts of the city tend to be more desired, while the southeast regions offer more affordable homes.
What are some fun things to do in Riverton?
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There are plenty of fun things to do in Riverton, such as visiting the Kinlands, Summerhill Park, Zion Bank Stadium, and Western Springs Central Park. You can also check out the Riverton Town Days activities and entertainment, which include various events and tours.
What is the food scene like in Riverton?
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The food scene in Riverton is diverse, with a range of unique and fun dining experiences available. Some popular restaurants include Salsa Leedos Mexican Grill, Kona Grill, and Saffron Circle. You can also find Utah-specific dishes like funeral potatoes, pastrami burgers, and fry sauce.
What are the pros and cons of living in Riverton?
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The pros of living in Riverton include its high median income, low poverty rate, and affordable housing options. However, the city also has a high cost of living, with housing expenses 33% higher than the national average. Additionally, transportation expenses are 6% higher than the national average.
Is Riverton a good place to live?
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Riverton can be a good place to live, depending on your individual preferences and priorities. The city offers a range of amenities, including parks, restaurants, and community events. However, it's essential to consider the high cost of living and transportation expenses when deciding whether Riverton is the right fit for you.
⭐ 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 Riverton UT Commercial Property: $82,336
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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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