Severance, CO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Severance, Colorado Market population: 3K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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3 properties found
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π Average Cap Rate For Severance 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 Severance CO Properties: 0.7400%
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 Severance CO
Common questions from investors exploring commercial real estate in Severance CO.
What is the overall investment potential of Severance, CO?
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With a median household income of $84,293 and a low poverty rate of 3.0%, Severance, CO presents a stable investment market, further supported by a high health insurance coverage rate of 96.2% and a relatively short average commute time of 27.7 minutes, indicating a reliable and healthy workforce.
How does the demographic diversity impact the real estate market in Severance, CO?
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The top ethnicities in Severance, CO, including White (44.6%), White Non-Hispanic (41.5%), and Hispanic (7.1%), suggest a diverse community, which, combined with top industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, indicates a robust market demand driven by a varied economy and population.
What are the key factors influencing the quality of life for residents and, by extension, real estate investors in Severance, CO?
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The average commute time of 27.7 minutes, coupled with a high rate of health insurance coverage at 96.2%, and a significant portion of the population working at home, suggests a high quality of life, which is attractive for potential residents and thus beneficial for real estate investors looking for stable rental income and property appreciation.
How does the economic profile of Severance, CO affect its attractiveness for real estate investment?
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Severance, CO's median household income of $84,293, low poverty rate of 3.0%, and a GINI coefficient of 0.31 indicating relatively low income inequality, make it an attractive location for real estate investment, as these factors contribute to a stable and potentially growing housing market, supported by a diverse range of top industries including Manufacturing and Finance & Insurance.
What insights can be gleaned from the housing market and demographic data for real estate investment strategies in Severance, CO?
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The high homeownership rate of 93.8% and median property value of $230,000, in conjunction with a low poverty rate and high health insurance coverage, suggest a market with strong potential for property appreciation and stable rental yields, making Severance, CO a viable option for investors looking to balance risk and return in a relatively stable economic environment.
Severance CO Real Estate & City Facts
Key facts and real estate information about Severance CO.
What are some of the best neighborhoods to live in Severance?
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Some of the best neighborhoods to live in Severance, CO are Casa Loma, and the northwest parts of the city. These areas tend to have more desirable homes and a stronger sense of community. However, more affordable homes can be found in the southeast regions.
What are some fun things to do in Severance?
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There are plenty of fun things to do in Severance, CO. You can visit Blue Spruce Park for a picnic, or check out the Colorado Railbike Adventures for a unique experience. The town also hosts various events throughout the year, such as the Dinner Detective True Crime Murder Mystery Dinner Show.
What is the food scene like in Severance?
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The food scene in Severance, CO is growing, with local favorites like Bruce's Bar serving up delicious Rocky Mountain oysters. There are also plenty of great food trucks and restaurants in the area, offering a range of cuisines to suit every taste. For a special night out, you can try one of the many highly-recommended restaurants in the area, such as Chimney Park or Dickey's Barbecue Pit.
What are the pros and cons of living in Severance?
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The pros of living in Severance, CO include its strong sense of community, affordable housing options, and easy access to outdoor recreation. However, some cons include the town's rapid growth, which can put a strain on local resources, and the need for more diverse amenities and entertainment options. Overall, Severance is a great place to live for those who value a small-town feel and a strong sense of community.
Is Severance a good place to live?
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Yes, Severance, CO is a good place to live, offering a unique blend of small-town charm and easy access to larger cities like Fort Collins and Denver. While it may not have all the amenities of a bigger city, Severance has a strong sense of community and a growing food and entertainment scene. With its affordable housing options and beautiful natural surroundings, Severance is a great choice for families, outdoor enthusiasts, and anyone looking for a relaxed, small-town lifestyle.
π Average Income For Severance CO Commercial Property: $84,293
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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