Umatilla, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Umatilla, Florida Market population: 7K. Explore income-producing properties with verified cap rates and operating...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Umatilla OR Properties: 0.9400%

📊 Average Income For Umatilla OR Commercial Property: $49,750

Investor Questions For Umatilla OR

Common questions from investors exploring commercial real estate in Umatilla OR.

What's the overall investment potential of Umatilla, OR, considering its demographics and economy? +

Umatilla's median household income of $49,750, combined with a poverty rate of 20.1% and an employed population of 2,079, suggests a relatively stable market with opportunities for growth, especially given the diverse top industries including Construction and Health Care & Social Assistance, which can drive demand for housing.

How does the city's ethnic diversity and commute time impact the rental market? +

The city's ethnic diversity, with top ethnicities being White, Hispanic, and White Non-Hispanic, contributes to a vibrant community, while the average commute time of 20 minutes and top commute methods like driving alone or carpooling indicate a convenient location for renters, making it an attractive option for investors looking for rental yields.

What are the implications of Umatilla's health insurance coverage and poverty rate for tenant quality? +

The 84.6% health insurance coverage combined with a 20.1% poverty rate suggests that while there are challenges, there is also a significant portion of the population with access to healthcare, indicating a potential for stable, employed tenants, which is a positive factor for real estate investors assessing tenant quality and reliability.

How do the median property value and taxes in Umatilla compare to its overall economic indicators? +

With a median property value of $123,100 and median property taxes of $815, Umatilla presents a relatively affordable housing market, especially when considered alongside its median household income of $49,750 and an employed population of 2,079, making it an attractive location for both homeowners and investors looking for affordable property options with potential for appreciation.

What role does the city's homeownership rate and income inequality play in its real estate market stability? +

Umatilla's homeownership rate of 60.3% and a GINI coefficient of 0.365 indicate a relatively stable housing market with a mix of owned and rented properties, suggesting that the market is not overly skewed towards renters or owners, which can contribute to stability, and the income inequality, while present, does not seem to drastically impact the overall stability of the market, given the diverse industries and relatively low poverty rate.

Umatilla OR Real Estate & City Facts

Key facts and real estate information about Umatilla OR.

What are some of the best neighborhoods to live in Umatilla? +

Some of the best neighborhoods to live in Umatilla include West Umatilla, which is known for its peaceful and friendly atmosphere, as well as its green spaces and quiet streets. Other desirable areas tend to be in the central parts of the city, while more affordable homes can be found in the northwest regions.

What are some fun things to do in Umatilla? +

Umatilla has a variety of attractions and activities to enjoy, including the Ocala National Forest, Sunnyhill Restoration Area, and Sawgrass Island Preserve. You can also explore the city's parks, preserves, and waterways, or visit local farms and eateries. If you're looking for more adventure, you can head to nearby cities like Portland, which has a thriving food scene and plenty of job opportunities in the culinary industry.

What is the food scene like in Umatilla? +

The food scene in Umatilla is shaped by its location in Oregon, with a focus on local ingredients and cuisine. You can find a variety of restaurants serving everything from BBQ to Tex-Mex, as well as food trucks and pop-ups. There are also plenty of great food trucks and restaurants in nearby cities like Portland, which is known for its vibrant food scene.

What are the pros and cons of living in Umatilla? +

The pros of living in Umatilla include its peaceful and friendly atmosphere, as well as its natural beauty and outdoor recreational opportunities. However, the city may have limited job opportunities and a smaller selection of restaurants and cultural attractions compared to larger cities. Additionally, the cost of living in Umatilla can be relatively high, especially when it comes to housing.

Is Umatilla a good place to live? +

Umatilla can be a great place to live for those who value a peaceful and natural environment, with plenty of opportunities for outdoor recreation. While it may have some limitations in terms of job opportunities and cultural attractions, the city's friendly atmosphere and beautiful scenery make it an attractive option for those looking for a relaxed and laid-back lifestyle.

Umatilla, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Umatilla OR Properties: 0.9400%

📊 Average Income For Umatilla OR Commercial Property: $49,750

Investor Questions For Umatilla OR

Umatilla OR Real Estate & City Facts

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