Shelton, WA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Shelton, Washington Market population: 40K. 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 Shelton CT Properties: 1.8800%
⭐ 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 Shelton CT
Common questions from investors exploring commercial real estate in Shelton CT.
What makes Shelton, CT an attractive market for real estate investment?
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The combination of a relatively low poverty rate of 5.3%, high health insurance coverage of 96.2%, and a strong median household income of $86,138 suggests a stable and attractive market for real estate investment, with a diverse population including White, White Non-Hispanic, and Hispanic communities.
How does the local economy impact the real estate market in Shelton, CT?
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The top industries in Shelton, including Transportation & Warehousing, Finance & Insurance, and Wholesale Trade, contribute to a stable employment market, with 20,382 employed individuals, which in turn supports a high homeownership rate of 79.6% and a median property value of $348,400.
What are the key factors to consider when assessing the quality of life for tenants in Shelton, CT?
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The average commute time of 25 minutes, with top commute methods including driving alone, working from home, and carpooling, indicates a convenient and flexible transportation network, while the high health insurance coverage rate of 96.2% and low poverty rate of 5.3% suggest a relatively stable and secure tenant population.
How does the ethnic diversity of Shelton, CT impact the demand for real estate?
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The diverse population of Shelton, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and dynamic community, with a foreign-born rate of 10.2% indicating a potential for ongoing population growth and demand for housing, supported by a strong median household income of $86,138 and a high homeownership rate of 79.6%.
What are the implications of the income inequality and poverty rate on the real estate market in Shelton, CT?
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The relatively low poverty rate of 5.3% and a gini coefficient of 0.42 suggest a relatively equitable distribution of income, which, combined with a high median household income of $86,138 and a strong employment market, indicates a stable and attractive real estate market, with a median property value of $348,400 and median property taxes of $12,214.
Shelton CT Real Estate & City Facts
Key facts and real estate information about Shelton CT.
What are some of the best neighborhoods to live in Shelton?
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Some of the best neighborhoods to live in Shelton include Lower Long Hill Ave, which is a quiet and family-friendly area. The southwest parts of the city tend to be more desirable, while the northeast regions offer more affordable homes. Neighborhoods like Fairfield and Westport are also popular for their good schools.
What are some fun things to do in Shelton?
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There are plenty of things to do in Shelton, such as visiting Indian Wells State Park, the Sports Complex of Connecticut, and Jones Family Farm. You can also explore the Housatonic River, check out the Midsummer Fantasy Renaissance Faire, or visit the Quarry Walk. For food and drink, consider stopping by DJ's Pizza, Roseland pizza, or Old Towne Restaurant.
What is the food scene like in Shelton?
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The food scene in Shelton offers a variety of options, including Italian restaurants like IL Palio and Mercato Italian Kitchen & Bar, as well as Asian cuisine at Red Lotus. You can also find American grill restaurants like Spotted Horse Tavern and Wellington Restaurant. There are also plenty of great food trucks and cafes to try.
What are the pros and cons of living in Shelton?
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The pros of living in Shelton include its balanced lifestyle, community feel, and access to neighboring cities. However, some residents have differing views on the quality of the public schools. The city also has a relatively high cost of living and property taxes. On the other hand, Shelton offers dedicated green spaces, a thriving downtown area, and a range of outdoor activities along the Housatonic River.
Is Shelton a good place to live?
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Overall, Shelton can be a good place to live, depending on your priorities and preferences. It offers a unique blend of small-town charm and access to bigger cities, as well as a range of outdoor activities and community events. While it may have some drawbacks, such as higher costs and varying school quality, Shelton can be a great choice for those looking for a balanced lifestyle and a strong sense of community.
⭐ 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 Shelton CT Commercial Property: $86,138
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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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