Savage, MT Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Savage, Montana Market population: 32K. Explore income-producing properties with verified cap rates and operating...
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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 Savage MN Properties: 1.0700%
⭐ 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 Savage MN
Common questions from investors exploring commercial real estate in Savage MN.
What is the overall investment potential of Savage, MN, considering its demographic and economic factors?
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The city's high median household income of $113,419, combined with a low poverty rate of 4.2% and a strong health insurance coverage rate of 97.3%, suggests a stable and attractive market for investors. Additionally, the top industries, including Professional, Scientific, & Management, and Finance & Insurance, indicate a diverse and robust economy. The city's ethnic diversity, with a majority of White (83.1%) and Asian (6.3%) populations, also contributes to its investment potential.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential tenants in Savage, MN?
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The average commute time of 28.4 minutes, with top commute methods including Drove Alone, Worked At Home, and Carpooled, indicates a relatively convenient and flexible transportation infrastructure. This, combined with a high health insurance coverage rate of 97.3% and a low poverty rate of 4.2%, suggests a high quality of life for residents and potential tenants, making it an attractive location for investment.
What role does the city's industry diversity play in its investment potential, and how does it impact the local job market?
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The diversity of top industries in Savage, MN, including Professional, Scientific, & Management, Finance & Insurance, and Healthcare & Social Assistance, contributes to a robust and resilient local economy. This diversity, combined with a high median household income of $113,419 and a low poverty rate of 4.2%, suggests a strong and stable job market, making it an attractive location for investment. The city's foreign-born rate of 7.1% and ethnic diversity also contribute to its industry diversity and investment potential.
How does the city's homeownership rate and median property value impact its investment potential, and what does it indicate about the local real estate market?
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The high homeownership rate of 89.1% and median property value of $313,100 in Savage, MN, indicate a strong and stable local real estate market. This, combined with a low poverty rate of 4.2% and a high health insurance coverage rate of 97.3%, suggests a low-risk investment environment. The city's median property taxes of $4,981 also contribute to its investment potential, as they are relatively low compared to other cities.
What are the key factors that contribute to the stability and attractiveness of Savage, MN, as a location for real estate investment?
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The combination of a high median household income of $113,419, a low poverty rate of 4.2%, and a high health insurance coverage rate of 97.3% makes Savage, MN, a stable and attractive location for investment. Additionally, the city's diverse economy, with top industries including Professional, Scientific, & Management, and Finance & Insurance, contributes to its investment potential. The city's relatively low GINI coefficient of 0.373 and high average commute time of 28.4 minutes also indicate a stable and attractive investment environment.
Savage MN Real Estate & City Facts
Key facts and real estate information about Savage MN.
What are some of the best neighborhoods to live in Savage?
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Some of the best neighborhoods to live in Savage include Carriage Hill, which is known for being peaceful and family-friendly, with easy freeway access. The south parts of the city tend to be more desired, while more affordable homes can be found in the north regions.
What are some fun things to do in Savage?
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There are plenty of activities to enjoy in Savage, such as exploring the beautiful parks and trails, visiting the Murphy-Hanrehan Park Reserve, or checking out the Loon's Landing Brewery And Tap Room. You can also visit the Normandale Japanese Garden or play a round of golf at the Golf Zone.
What is the food scene like in Savage?
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The food scene in Savage is diverse, with options ranging from American cuisine at the Windmill Cafe, to Hawaiian-inspired dishes at Pau Hana, to Korean BBQ at GOGI Korean BBQ. There are also plenty of great food trucks and restaurants to try, such as Buffalo Tap and Kyoto Sushi.
What are the pros and cons of living in Savage?
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The pros of living in Savage include its peaceful and family-friendly atmosphere, easy freeway access, and plenty of outdoor activities to enjoy. However, some cons might include the city's relatively high cost of living and limited job opportunities in certain industries. Overall, Savage is a great place to live for those who value a quiet, suburban lifestyle.
Is Savage a good place to live?
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Yes, Savage is a good place to live, with a high quality of life and plenty of amenities to enjoy. The city has a strong sense of community, with many residents rating the overall quality of life as excellent or great. While it may not be the best fit for everyone, Savage is a great option for those who value a peaceful, suburban lifestyle with easy access to outdoor activities and a diverse food scene.
⭐ 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 Savage MN Commercial Property: $113,419
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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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