Ruskin, NE High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ruskin, Nebraska Market population: 17K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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📊 Avg Property Tax Rate For Ruskin FL Properties: 1.8200%
⭐ Featured
190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate
$6,500,000
Buffalo
Multifamily
Cap Rate
7.56%
NOI
$491,400
Size
65,000 SF
📊 Average Income For Ruskin FL Commercial Property: $45,625
⭐ Featured
Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate
$1,750,000
Buffalo
Multifamily
Cap Rate
6.16%
NOI
$107,842
Size
8,640 SF
Investor Questions For Ruskin FL
Common questions from investors exploring commercial real estate in Ruskin FL.
What is the overall investment potential of Ruskin, FL, considering its demographic and economic factors?
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Ruskin, FL, with a population of 17,311 and a median age of 32.4, presents a diverse market with top ethnicities including White, White Non-Hispanic, and Hispanic, suggesting a culturally rich environment. The city's median household income of $45,625, combined with a poverty rate of 16.4% and a health insurance coverage of 83.5%, indicates a working-class market with some employment stability. The presence of manufacturing, public administration, and information industries also contributes to its economic potential.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential tenants in Ruskin, FL?
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The average commute time of 29.2 minutes in Ruskin, FL, with top commute methods being driving alone, working from home, and carpooling, suggests a relatively convenient transportation infrastructure. This, coupled with a health insurance coverage rate of 83.5%, indicates a decent quality of life for residents, which could attract potential tenants looking for a balanced lifestyle. The diversity in top ethnicities, including White, White Non-Hispanic, and Hispanic, also adds to the city's appeal.
What are the implications of Ruskin, FL's economic inequality and poverty rate on real estate investment?
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The GINI coefficient of 0.408 and a poverty rate of 16.4% in Ruskin, FL, suggest some level of economic inequality. However, the median household income of $45,625 and the presence of major industries like manufacturing and public administration could provide a stable tenant base. The foreign-born rate of 24.5% and ethnic diversity may also contribute to a vibrant community, potentially offsetting some of the challenges posed by economic inequality.
How does the housing market in Ruskin, FL, with its median property value and homeownership rate, look for real estate investors?
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With a median property value of $141,000 and a homeownership rate of 70.7%, Ruskin, FL's housing market appears relatively stable. The median property taxes of $3,858 are also a consideration for investors. The city's demographic, including a median age of 32.4 and top industries in manufacturing and public administration, suggests a potential for rental demand, especially considering the average commute time of 29.2 minutes and the health insurance coverage rate of 83.5%.
What role does ethnic diversity and industry presence play in determining market demand for real estate in Ruskin, FL?
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The ethnic diversity in Ruskin, FL, with top ethnicities being White, White Non-Hispanic, and Hispanic, contributes to a dynamic community that could attract a wide range of residents. The presence of manufacturing, public administration, and information industries not only provides employment opportunities but also suggests a demand for housing from workers in these sectors. This, combined with the city's relatively low poverty rate of 16.4% and high health insurance coverage of 83.5%, indicates a stable market with potential for growth.
Ruskin FL Real Estate & City Facts
Key facts and real estate information about Ruskin FL.
What are some of the best neighborhoods to live in Ruskin?
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Some of the best neighborhoods to live in Ruskin, FL, are Cockroach Bay Rd, River Bend, Riverbend West, Brookside Estates, and Mira Bay. These neighborhoods offer a range of housing options and amenities, but it's worth noting that the city has an extreme risk from flooding, so it's essential to research and consider this factor when choosing a neighborhood.
What are some fun things to do in Ruskin?
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There are plenty of fun things to do in Ruskin, FL, including visiting E. G. Simmons Regional Park, Ruskin Family Drive-In, and Cockroach Bay Aquatic Preserve. You can also explore the downtown area, go on a sunset cruise, or take a guided kayak tour. Additionally, the city hosts its own farmers' market and a Tomato and Heritage Festival, which are great events to check out.
What is the food scene like in Ruskin?
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The food scene in Ruskin, FL, is diverse and offers a range of options. Some popular restaurants include Sunset Bar & Grill at Little Harbor, Ybor Grille Restaurant, and Hooks Waterfront Bar and Grill. You can also find unique restaurants, such as Bosphorous Turkish Cuisine and Helyx Restaurant, which offer a variety of cuisines. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Ruskin?
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The pros of living in Ruskin, FL, include its coastal charm, sunny shores, and outdoor recreational opportunities. The city also has a strong sense of community, with events like the farmers' market and Tomato and Heritage Festival. However, one of the cons is the extreme risk from flooding, which can be a significant concern for homeowners. Additionally, the city has a higher poverty rate and lower median household income compared to other areas, which can impact the quality of life for some residents.
Is Ruskin a good place to live?
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Ruskin, FL, can be a good place to live for those who value its coastal charm, outdoor recreational opportunities, and strong sense of community. However, it's essential to carefully consider the pros and cons, including the risk of flooding, and research the different neighborhoods and amenities to determine if it's the right fit for your lifestyle and preferences. With its unique blend of rural and coastal characteristics, Ruskin can be a great option for those looking for a more laid-back and affordable lifestyle.
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