Rockingham, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Rockingham, North Carolina Market population: 10K. Compare commercial properties across all major asset classes...
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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 Rockingham NC Properties: 1.0500%
⭐ 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 Rockingham NC
Common questions from investors exploring commercial real estate in Rockingham NC.
What's the overall investment potential of Rockingham, NC, considering its demographic and economic factors?
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Rockingham's 28.4% poverty rate and $30,638 median household income suggest a challenging market, but the 88.6% health insurance coverage and 16.2-minute average commute time indicate a degree of stability and accessibility, making it a potential location for affordable housing investments that cater to the working-class population, particularly in industries like Transportation & Warehousing, and Utilities.
How does the ethnic diversity and industry landscape of Rockingham impact the demand for real estate investments?
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The city's diverse population, with 36.7% White, 35.0% White Non-Hispanic, and 20.9% Black, combined with top industries like Finance & Insurance, and Real Estate & Rental & Leasing, suggests a demand for housing that serves a broad range of professionals and families, potentially supporting a mix of rental and owner-occupied properties, especially given the 55.1% homeownership rate.
What are the implications of Rockingham's poverty rate and health insurance coverage for tenant quality and property management?
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The 28.4% poverty rate combined with 88.6% health insurance coverage suggests a working-class market with some employment stability, which could translate to reliable tenants, especially if properties are priced affordably and cater to the needs of local workers in sectors like Public Administration, though property management would need to balance rent levels with tenant income to ensure sustainability.
How do commute times and transportation methods in Rockingham affect the attractiveness of investments in different areas of the city?
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The 16.2-minute average commute time and prevalence of driving alone, carpooling, and walking as commute methods indicate that locations with easy access to major transportation routes and amenities could be particularly attractive to investors, as they would offer tenants convenience and flexibility, potentially supporting higher rental yields or property values in well-connected areas.
What role do income inequality and median property values play in assessing the stability and potential for appreciation of real estate investments in Rockingham?
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Rockingham's GINI coefficient of 0.457 and median property value of $91,200 suggest a market with noticeable income inequality but relatively affordable housing, which could mean opportunities for investors to find undervalued properties or to develop housing that meets the needs of a broad range of incomes, potentially leading to stable or appreciating property values over time, especially if the local economy diversifies and grows.
Rockingham NC Real Estate & City Facts
Key facts and real estate information about Rockingham NC.
What are some of the best neighborhoods to live in Rockingham?
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Some of the best neighborhoods to live in Rockingham include Pine Lakes, which is known for its peaceful and friendly atmosphere, as well as its beautiful lake views and well-kept homes. Other desirable areas tend to be in the central parts of the city, while more affordable homes are in the north regions.
What are some fun things to do in Rockingham?
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There are plenty of fun things to do in Rockingham, including visiting the Discovery Place Kids, Rockingham Speedway, and Rockingham Dragway. You can also explore the Hitchcock Creek Blue Trail Paddleway and Greenway, or visit one of the many parks in the area, such as Castlewood Park or Lincoln Memorial Park.
What is the food scene like in Rockingham?
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The food scene in Rockingham is diverse and offers a range of options, including Italian cuisine at Ciro's Italian Eatery, Mexican food at El Paso Mexican Restaurant and La Cabana Mexican, and American classics at Hank's Grille & Catering and The Grille. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Rockingham?
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The pros of living in Rockingham include its small-town charm, friendly community, and affordable housing options. However, some cons include the limited job opportunities and lower median household income compared to other areas. Additionally, the town's economy is still recovering from past challenges, but efforts are being made to revitalize and grow the local economy.
Is Rockingham a good place to live?
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Rockingham can be a good place to live for those who value a close-knit community, outdoor recreation opportunities, and a slower pace of life. While it may not offer the same level of economic opportunity or cultural diversity as larger cities, it has a unique charm and a strong sense of community that makes it an attractive option for many people.
⭐ 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 Rockingham NC Commercial Property: $30,638
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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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