Senatobia, MS Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Senatobia, Mississippi Market population: 8K. Compare commercial properties across all major asset classes with...
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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 Senatobia MS Properties: 1.3700%
⭐ 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 Senatobia MS
Common questions from investors exploring commercial real estate in Senatobia MS.
What's the overall investment potential of Senatobia, MS, considering its demographics and economy?
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With a median household income of $39,181 and a poverty rate of 19.9%, Senatobia's market may present opportunities for affordable housing investments, especially given the relatively high health insurance coverage rate of 87.6% and a short average commute time of 22.5 minutes, indicating a degree of employment stability and quality of life.
How does the ethnic diversity and industry landscape of Senatobia influence its real estate market?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, combined with its top industries in Finance & Insurance, Real Estate, and Transportation, suggests a market with a mix of professional and service-oriented demand, potentially supporting both residential and commercial investments, especially considering the median property value of $128,300.
What are the implications of Senatobia's commute patterns and health insurance coverage for real estate investors?
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The prevalence of driving alone, carpooling, and walking as commute methods, alongside an average commute time of 22.5 minutes, indicates well-developed infrastructure that could attract renters and buyers, while the high health insurance coverage rate of 87.6% suggests a relatively stable and healthy workforce, which is beneficial for long-term investments and rental income stability.
How do poverty rates and income inequality affect the potential for real estate investment in Senatobia?
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The poverty rate of 19.9% and a GINI coefficient of 0.463 suggest income inequality, which investors should consider when assessing the viability of different types of real estate projects, potentially focusing on affordable housing or developments that cater to the needs of a diverse income population, with the median household income of $39,181 being a key factor in determining demand and pricing strategies.
What role do homeownership rates and property values play in evaluating Senatobia as an investment location?
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With a homeownership rate of 55.9% and a median property value of $128,300, Senatobia presents a balanced market where both rental and ownership opportunities could thrive, considering the relatively low median property taxes of $1,583, which could make homeownership more accessible and thus influence the demand for certain types of properties and investment strategies.
Senatobia MS Real Estate & City Facts
Key facts and real estate information about Senatobia MS.
What are some of the best neighborhoods to live in Senatobia?
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Some of the best neighborhoods to live in Senatobia include Main Street, which is known for its affordability and friendliness. Other top areas include the neighborhoods around Northwest Mississippi Community College and the historic district near the Tate County Courthouse. According to reviews and ratings, these areas are considered to be safe and desirable places to live.
What are some fun things to do in Senatobia?
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There are plenty of fun things to do in Senatobia, including visiting the Northwest Mississippi Community College Fine Arts Auditorium, exploring the Tate County Heritage Museum, and playing games at Play HQ. You can also enjoy the outdoors at Davis Park or Gabbert Park, or visit the Senatobia Public Library. For some local flavor, check out the Old Salem Cemetery or grab a bite to eat at one of the many restaurants in the area, such as Cheebo or New China Buffet.
What is the food scene like in Senatobia?
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The food scene in Senatobia is diverse and delicious, with a range of options to suit every taste. You can find everything from Chinese restaurants like New China Buffet and Mr. Chen's Kitchen, to steakhouses like Delta, and even some hidden gems like Hotwangz Inc. There are also plenty of great food trucks and local eateries, such as Cheebo, that serve up tasty dishes. Whether you're in the mood for something familiar or want to try something new, Senatobia has plenty of options to choose from.
What are the pros and cons of living in Senatobia?
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The pros of living in Senatobia include its small-town charm, friendly community, and affordable cost of living. The town also has a rich history and culture, with plenty of opportunities to get involved and make a difference. However, some cons of living in Senatobia include its limited job opportunities and lower median household income compared to other areas. Additionally, the town's rural location may make it difficult to access certain amenities or services. Overall, Senatobia is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Senatobia a good place to live?
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Senatobia can be a great place to live for the right person. The town offers a unique blend of small-town charm and natural beauty, with plenty of opportunities to get outdoors and enjoy the local scenery. While it may not have all the amenities and job opportunities of a larger city, Senatobia has a strong sense of community and a low cost of living, making it an attractive option for those looking for a more relaxed pace of life. Ultimately, whether or not Senatobia is a good place to live depends on your individual priorities and preferences.
⭐ 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 Senatobia MS Commercial Property: $39,181
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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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