Spring Hill, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Spring Hill, Minnesota Market population: 100K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Spring Hill FL Properties: 0.0000%
⭐ 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 Spring Hill FL
Common questions from investors exploring commercial real estate in Spring Hill FL.
What's the overall investment outlook for Spring Hill, FL, considering its demographics and economy?
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The 14.2% poverty rate combined with 86.4% health insurance coverage and a median household income of $41,387 suggests a relatively stable market with employment opportunities, particularly in top industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing. The 30-minute average commute time and high homeownership rate of 76.6% also indicate a solid quality of life for residents. Additionally, the diversity of the population, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community.
How does the local economy impact the rental market in Spring Hill, FL?
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The employed population of 33,229 and median household income of $41,387, along with a gini coefficient of 0.419, indicate a working-class market with some income inequality, but the 86.4% health insurance coverage suggests a level of employment stability. The top industries, including Public Administration and Finance & Insurance, & Real Estate & Rental & Leasing, also contribute to a stable rental market, with the average commute time of 30 minutes and top commute methods like Drove Alone and Worked At Home providing flexibility for renters.
What are the key factors to consider when evaluating the housing market in Spring Hill, FL?
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The median property value of $120,200 and median property taxes of $30,155, combined with a homeownership rate of 76.6%, suggest a relatively affordable housing market with a high level of owner-occupancy. The poverty rate of 14.2% and health insurance coverage of 86.4% also provide insight into the quality of the rental market, with the top ethnicities of White, White Non-Hispanic, and Hispanic contributing to a diverse community. Additionally, the average commute time of 30 minutes and top commute methods indicate a convenient location for residents.
How does the ethnic diversity of Spring Hill, FL impact the local real estate market?
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The top ethnicities of White, White Non-Hispanic, and Hispanic, along with a median age of 44.9, contribute to a diverse and potentially vibrant community, which can drive demand for housing and rentals. The 14.2% poverty rate and 86.4% health insurance coverage also suggest a level of socioeconomic stability, while the top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, provide employment opportunities that can support a stable real estate market. The 30-minute average commute time and high homeownership rate of 76.6% further indicate a desirable quality of life for residents.
What are the implications of the commute time and health insurance coverage for real estate investors in Spring Hill, FL?
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The 30-minute average commute time and top commute methods like Drove Alone and Worked At Home suggest a convenient location for residents, which can drive demand for housing and rentals. The 86.4% health insurance coverage, combined with a poverty rate of 14.2% and median household income of $41,387, indicates a level of employment stability and socioeconomic well-being, making Spring Hill, FL an attractive market for real estate investors. The diversity of the population and top industries also contribute to a stable and potentially growing market, with the median property value of $120,200 and median property taxes of $30,155 providing a relatively affordable entry point for investors.
Spring Hill FL Real Estate & City Facts
Key facts and real estate information about Spring Hill FL.
What are some of the best neighborhoods to live in Spring Hill?
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Some of the best neighborhoods to live in Spring Hill include Regency Oaks, Timber Pines, Seven Hills, Sterling Hill, Pristine Place, The Oaks, Orchard Park, East Linden Estates, and Berkeley Manor. These neighborhoods are known for being peaceful, well-maintained, and family-friendly, with beautiful trees and clean surroundings.
What are some fun things to do in Spring Hill?
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There are plenty of fun things to do in Spring Hill, including visiting the Weeki Wachee Springs State Park, Nature Coast Botanical Gardens & Nursery, and going fishing, boating, or paddling. You can also check out the Wildlife Survival Sanctuary, Florida Blueberry Festival, and Sweetfields Farm. If you're looking for more adventure, Busch Gardens is only an hour away.
What is the food scene like in Spring Hill?
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The food scene in Spring Hill is diverse and delicious, with plenty of great restaurants to choose from. Some popular spots include La Bella Napoli Italian Restaurant, Bayport Inn, Cody's Original Road House, and My Nanny's. There are also plenty of great food trucks and street food options available. If you're looking for something new to try, you might want to check out Nouvelle Cuisine, a Belgian restaurant that serves some of the best food in the area.
What are the pros and cons of living in Spring Hill?
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The pros of living in Spring Hill include its peaceful and well-maintained neighborhoods, beautiful natural surroundings, and plenty of outdoor activities to enjoy. However, some cons include the growing population and increasing prices, as well as traffic. Overall, Spring Hill is a great place to live for those who want a relaxed and natural environment, but may not be ideal for those who prefer a more urban lifestyle.
Is Spring Hill a good place to live?
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Yes, Spring Hill is a good place to live, offering a great balance of natural beauty, outdoor activities, and small-town charm. While it may not be perfect, with some drawbacks like growing traffic and prices, the pros outweigh the cons for many people. If you're looking for a peaceful and relaxed place to call home, with plenty of opportunities to get outside and enjoy nature, Spring Hill is definitely worth considering.
⭐ 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 Spring Hill FL Commercial Property: $41,387
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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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