Roxborough Park, CO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Roxborough Park, Colorado Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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3 properties found
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π Average Cap Rate For Roxborough Park CO Properties: 5.7%
β 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
π Avg Property Tax Rate For Roxborough Park CO Properties: 7.1000%
β 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
Investor Questions For Roxborough Park CO
Common questions from investors exploring commercial real estate in Roxborough Park CO.
What's the overall investment potential of Roxborough Park, CO?
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With a median household income of $123,419 and a low poverty rate of 2.1%, Roxborough Park presents a stable investment market, further supported by its high health insurance coverage of 96.2% and relatively low income inequality, as indicated by a GINI coefficient of 0.341.
How does the local economy impact real estate demand?
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The top industries in Roxborough Park, including Professional, Scientific, & Management, and Finance & Insurance, contribute to a strong demand for housing, while the diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a vibrant community with various needs and opportunities for real estate investment.
What are the key factors influencing rental yields in Roxborough Park?
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The combination of a high median property value of $433,400, a median gross rent of $1,844, and a significant portion of the population driving alone or working from home, indicates a potential for stable rental yields, especially considering the average commute time of 34.4 minutes and the high health insurance coverage rate of 96.2%.
How does the commute and transportation infrastructure affect the quality of life for residents?
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The average commute time of 34.4 minutes, although somewhat lengthy, is mitigated by the prevalence of driving alone, working from home, and carpooling, suggesting that residents have adapted to the commute, and when combined with the high health insurance rate of 96.2%, it points to a relatively stable and healthy community.
What role does ethnic diversity and industry variety play in the local real estate market?
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The ethnic diversity, with 83.2% White, 78.5% White Non-Hispanic, and 8.5% Hispanic, alongside a variety of top industries including Retail Trade and Finance & Insurance, indicates a dynamic market with a broad range of housing needs, potentially supporting both rental and ownership opportunities, especially in a community with a high homeownership rate of 93.1% and low poverty rate of 2.1%.
Roxborough Park CO Real Estate & City Facts
Key facts and real estate information about Roxborough Park CO.
What are some of the best neighborhoods to live in Roxborough Park?
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Some of the best neighborhoods to live in Roxborough Park include Roxborough Park North, which is a desirable subdivision with fantastic views, and Chatfield Farms, which offers homes built in the early 2000s with open floor plans and vaulted ceilings. Additionally, the southwest parts of the city tend to be more desired, while more affordable homes can be found in the northeast regions.
What are some fun things to do in Roxborough Park?
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There are plenty of fun things to do in Roxborough Park, including visiting Roxborough State Park, which features dramatic red rock formations, diverse plant life, and abundant wildlife. You can also hike at Chatfield Farms or explore the nearby town of Littleton, which has a charming downtown area with shops and restaurants. If you're looking for more adventure, you can try Colorado Railbike Adventures or visit the LEGO Americana Roadshow.
What is the food scene like in Roxborough Park?
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The food scene in Roxborough Park is diverse and delicious, with a range of restaurants to choose from. Some popular options include Nono's Cafe, which serves American and Cajun cuisine, and Saffron Indian Fusion Flair, which offers a unique blend of Indian and international flavors. You can also find great Italian food at Homegrown Tap & Dough or try some traditional pub fare at On the Rocks Bar & Grill. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Roxborough Park?
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The pros of living in Roxborough Park include its beautiful natural surroundings, with plenty of opportunities for outdoor recreation and stunning views of the red rock formations. The area is also known for its good schools and safe communities, making it a great place to raise a family. However, some cons include the relatively high cost of living, with median home prices over $400,000, and the potential for traffic and congestion in the area. Additionally, some residents have noted that the area can feel a bit suburban and lacking in nightlife or cultural events.
Is Roxborough Park a good place to live?
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Overall, Roxborough Park is a great place to live for those who value natural beauty, outdoor recreation, and a safe, family-friendly community. While it may not be the best fit for those looking for a more urban or vibrant nightlife scene, it offers a unique blend of small-town charm and easy access to the amenities of nearby Littleton and Denver. With its good schools, low crime rate, and stunning natural surroundings, Roxborough Park is definitely worth considering for those looking to relocate to the area.
π Average Income For Roxborough Park CO Commercial Property: $123,419
β 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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