Wake Forest, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Wake Forest, North Carolina Market population: 45K. Explore income-producing properties with verified cap rates...
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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 Wake Forest NC Properties: 0.6800%
⭐ 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 Wake Forest NC
Common questions from investors exploring commercial real estate in Wake Forest NC.
What is the overall investment potential of Wake Forest, NC?
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The combination of a relatively low poverty rate of 6.1% and a high health insurance coverage rate of 95% suggests a stable market with access to quality healthcare, making it an attractive investment opportunity. Additionally, the top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing provide a diverse range of job opportunities, which can lead to a strong demand for housing. With a median household income of $83,348 and a median property value of $283,400, Wake Forest, NC offers a promising investment potential.
How does the demographic diversity of Wake Forest, NC impact investment?
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The ethnic diversity of Wake Forest, NC, with 73.4% White, 15.4% Black or African American, and 6.4% Asian, contributes to a vibrant and inclusive community, which can attract a wide range of residents and businesses. This diversity, combined with a foreign-born rate of 9.1%, can lead to a culturally rich and dynamic market, making it an appealing investment opportunity. Furthermore, the median age of 38.4 and a gini coefficient of 0.43 indicate a relatively stable and equitable population, which can contribute to a strong and resilient investment market.
What are the key factors to consider when evaluating the quality of life in Wake Forest, NC?
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The average commute time of 29.4 minutes and the top commute methods of driving alone, carpooling, and working from home suggest a relatively convenient and flexible transportation system. Additionally, the high health insurance coverage rate of 95% and the strong presence of the healthcare industry indicate access to quality healthcare services. With a median property tax of $2,400 and a homeownership rate of 74%, Wake Forest, NC offers a relatively affordable and stable living environment, making it an attractive investment opportunity.
How does the local economy of Wake Forest, NC impact investment potential?
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The top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing provide a diverse range of job opportunities and contribute to a strong and resilient local economy. With an employed population of 22,412 and a median household income of $83,348, Wake Forest, NC offers a stable and growing market, making it an attractive investment opportunity. Furthermore, the relatively low poverty rate of 6.1% and the high health insurance coverage rate of 95% suggest a stable and secure population, which can lead to a strong demand for housing and other investment opportunities.
What are the implications of the population and housing market trends in Wake Forest, NC for investors?
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The population of 44,988 and the median property value of $283,400 suggest a relatively stable and affordable housing market. With a homeownership rate of 74% and a median property tax of $2,400, Wake Forest, NC offers a relatively affordable and stable living environment, making it an attractive investment opportunity. Additionally, the average commute time of 29.4 minutes and the top commute methods of driving alone, carpooling, and working from home indicate a relatively convenient and flexible transportation system, which can contribute to a strong and resilient investment market.
Wake Forest NC Real Estate & City Facts
Key facts and real estate information about Wake Forest NC.
What are some of the best neighborhoods to live in Wake Forest?
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Some of the best neighborhoods to live in Wake Forest include Heritage, Wakefield, Traditions at Wake Forest, and Bishops Grant. These neighborhoods offer a range of amenities, including golf courses, parks, and community events. For example, Heritage is a popular neighborhood with over 3,000 homes, sitting on an award-winning golf course. Wakefield is another sought-after neighborhood with a variety of home styles and prices. Traditions at Wake Forest is a master-planned community with a range of amenities, including a clubhouse, pool, and parks. Bishops Grant is a smaller, more intimate neighborhood with a strong sense of community.
What are some fun things to do in Wake Forest?
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There are plenty of fun things to do in Wake Forest, including visiting the Falls Lake State Recreation Area, exploring Downtown Wake Forest, and checking out the Wake Forest Historical Museum. You can also enjoy outdoor activities like hiking, biking, and fishing at the nearby Beaverdam Recreation Area. For a more relaxing day, visit the E. Carroll Joyner Park, which features walking trails, a playground, and a picnic area. If you're looking for something more adventurous, try the Raleigh Game Show or the ParTee Shack - North Raleigh, which offers mini golf and other games.
What is the food scene like in Wake Forest?
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The food scene in Wake Forest is diverse and delicious, with a range of restaurants serving everything from traditional Southern cuisine to international flavors. Some popular spots include Over The Falls, Brigs at the Forest, and Farm Table, which offer a range of dishes made with fresh, local ingredients. You can also find great Mexican food at Las Margaritas, or try some Italian cuisine at Amalia's Authentic Italian Restaurant. There are also plenty of great food trucks and cafes, like Sugar Magnolia Cafe and The Lemon Tree Shop & Cafe, which serve up tasty treats and drinks.
What are the pros and cons of living in Wake Forest?
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The pros of living in Wake Forest include its small-town charm, excellent schools, and plenty of outdoor recreational opportunities. The town also has a strong sense of community, with many community events and festivals throughout the year. However, some cons of living in Wake Forest include the limited job opportunities and higher cost of living compared to other areas of the state. Traffic can also be a challenge, especially during rush hour. Additionally, some residents may find the town's growth and development to be a challenge, as it can lead to increased traffic and congestion.
Is Wake Forest a good place to live?
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Overall, Wake Forest is a great place to live, offering a unique blend of small-town charm and big-city amenities. The town's excellent schools, outdoor recreational opportunities, and strong sense of community make it an attractive option for families and individuals alike. While there are some challenges to living in Wake Forest, such as limited job opportunities and higher cost of living, the town's many pros make it a great choice for those looking for a high quality of life. With its rich history, cultural attractions, and natural beauty, Wake Forest is a great place to call home.
⭐ 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 Wake Forest NC Commercial Property: $83,348
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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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