St. Stephens, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in St. Stephens, North Carolina Market population: 9K. Compare commercial properties across all major asset...
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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 St. Stephens NC Properties: 1.2400%
⭐ 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 St. Stephens NC
Common questions from investors exploring commercial real estate in St. Stephens NC.
What's the overall investment potential of St. Stephens, NC?
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With a median household income of $53,419 and a relatively low poverty rate of 10.2%, St. Stephens presents a stable investment market, further supported by its high health insurance coverage rate of 92.1% and a short average commute time of 24.4 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand?
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The top industries in St. Stephens, including Manufacturing, Retail Trade, and Health Care & Social Assistance, contribute to a diverse economy, which, combined with a high employment rate and low unemployment rate of 3.8%, suggests a strong demand for housing, especially considering the area's ethnic diversity with 83.2% White and 10.3% Hispanic or Latino populations.
What are the key factors to consider for rental property investments?
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The median gross rent of $844 and a median property value of $143,400 indicate a potentially lucrative rental market, especially when considering the high homeownership rate of 81.4% and the fact that 87.2% of commuters drive alone, suggesting a need for convenient and affordable housing options, which can be attractive to the 22.1% of the population with a Bachelor's degree or higher.
How does the commute and transportation infrastructure affect the quality of life for residents?
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The average commute time of 24.4 minutes and the prevalence of driving alone (87.2%) or carpooling (7.2%) suggest that the city's infrastructure supports easy mobility, which, paired with a high health insurance rate of 92.1%, contributes to a good quality of life, making St. Stephens an attractive location for both residents and investors, particularly given its diverse population with 8.5% foreign-born residents.
What role does income inequality and poverty play in assessing tenant quality and market stability?
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The GINI coefficient of 0.443 and a poverty rate of 10.2% indicate a level of income inequality, but when combined with the high health insurance coverage of 92.1% and a median household income of $53,419, it suggests a working-class market with employment stability, which can be beneficial for investors looking for reliable tenants, especially in a city with a strong manufacturing and retail trade sector.
St. Stephens NC Real Estate & City Facts
Key facts and real estate information about St. Stephens NC.
What are some of the best neighborhoods to live in St. Stephens?
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Some of the best neighborhoods to live in St. Stephens include the northwest parts of the city and the St. Stephens area, which offer a mix of housing options with prices ranging from $200,000 to $270,000. Other desirable areas include the Mountain View area and NW Hickory.
What are some fun things to do in St. Stephens?
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There are plenty of fun things to do in St. Stephens, including visiting the Western NC Children's Museum, Aquarium & Planetarium, exploring the Catawba Science Center, and hiking or biking at Bakers Mountain or Mountain Creek Park. You can also check out the St. Stephens Park or Riverbend for outdoor activities.
What is the food scene like in St. Stephens?
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The food scene in St. Stephens is vibrant and diverse, with a range of restaurants serving different cuisines. Some popular options include 13TWENTY Hickory Pub, Umi, Hugh's Q, Fourk, Boca, Bubblys, and Olde Hickory Brewery. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in St. Stephens?
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The pros of living in St. Stephens include its affordable housing options, outdoor recreational activities, and a growing food scene. However, some cons include the limited job opportunities and a relatively high poverty rate. Overall, St. Stephens is a great option for those looking for a small-town feel with access to outdoor activities and a growing community.
Is St. Stephens a good place to live?
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St. Stephens is a good place to live for those who value a small-town feel, outdoor recreational activities, and a growing community. While it may have its limitations, the area is surrounded by natural beauty and has a lot to offer in terms of food, drink, and entertainment. Ultimately, whether St. Stephens is a good place to live depends on your individual preferences and priorities.
⭐ 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 St. Stephens NC Commercial Property: $53,419
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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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