Zimmerman, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Zimmerman, Minnesota Market population: 5K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Zimmerman MN Properties: 1.0100%
⭐ 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 Zimmerman MN
Common questions from investors exploring commercial real estate in Zimmerman MN.
What's the overall investment potential of Zimmerman, MN, considering its demographics and economy?
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With a median household income of $65,278 and a relatively low poverty rate of 10.0%, Zimmerman, MN, presents a stable investment market, further strengthened by its diverse top industries, including Professional, Scientific, & Management, and Finance & Insurance, which can drive demand for housing. The city's ethnic diversity, led by White and White Non-Hispanic populations, and its high health insurance coverage rate of 95.9% also suggest a resilient community. Additionally, the average commute time of 33.1 minutes and high homeownership rate of 79.6% indicate a favorable quality of life for residents.
How does the commute time and health insurance coverage impact the rental market in Zimmerman, MN?
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The 33.1-minute average commute time in Zimmerman, MN, combined with a high health insurance coverage rate of 95.9%, suggests a stable and attractive rental market, as residents have access to employment opportunities and healthcare, enhancing their ability to pay rent. This stability, coupled with the top commute methods being driving alone, carpooling, and working from home, indicates flexibility and reliability in transportation, making the area more desirable for renters. Furthermore, the low poverty rate of 10.0% and high median household income of $65,278 reinforce the potential for a stable rental income stream.
What role does ethnic diversity and industry variety play in the demand for real estate in Zimmerman, MN?
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The ethnic diversity in Zimmerman, MN, with White and White Non-Hispanic populations being predominant, alongside a smaller but significant presence of other ethnicities, contributes to a culturally rich and potentially vibrant community, which can attract a wide range of residents and businesses. The variety in top industries, including Professional, Scientific, & Management, Finance & Insurance, and Construction, not only diversifies the local economy but also creates a broad base of employment opportunities, thereby increasing the demand for real estate. This diversity, paired with a median property value of $141,400 and a relatively low poverty rate, makes Zimmerman an appealing location for real estate investment.
How do the poverty rate and health insurance coverage in Zimmerman, MN, affect the quality of tenants and property values?
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The combination of a low poverty rate of 10.0% and a high health insurance coverage rate of 95.9% in Zimmerman, MN, suggests a market with stable, employed individuals who are more likely to be reliable tenants. This demographic characteristic can lead to lower vacancy rates and more consistent rental income, positively impacting property values. Additionally, the median household income of $65,278 and the diverse economy further support the potential for maintaining or increasing property values over time, making the area an attractive option for real estate investors seeking stable returns.
What insights can be gleaned from the homeownership rate and median property taxes in Zimmerman, MN, for real estate investment purposes?
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The high homeownership rate of 79.6% in Zimmerman, MN, indicates a strong preference for owning over renting, which can influence the rental market's dynamics and potentially impact rental yields. However, this also suggests a community with a significant stake in their properties, which can contribute to neighborhood stability and upkeep. The median property taxes of $1,153, while a consideration for investors, are relatively manageable compared to the median property value of $141,400, suggesting that property ownership in Zimmerman can be a viable and potentially profitable investment, especially when considering the broader economic and demographic trends in the area.
Zimmerman MN Real Estate & City Facts
Key facts and real estate information about Zimmerman MN.
What are some of the best neighborhoods to live in Zimmerman?
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Unfortunately, I was unable to find specific information about the best neighborhoods to live in Zimmerman, MN. However, according to the Data USA API, the median property value in Zimmerman is $141,400, and the homeownership rate is 79.6%, which suggests that Zimmerman may have some affordable and desirable neighborhoods to live in.
What are some fun things to do in Zimmerman?
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I was unable to find specific information about things to do in Zimmerman, MN. However, I can suggest checking out local parks, community events, or visiting nearby cities for more entertainment options.
What is the food scene like in Zimmerman?
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Zimmerman has a variety of restaurants, including D's Smokehouse, Vita Bella Ristorante Italiano, Zimmermann Cafe Bar Bowl, Zimmerman Bar and Grill Featuring Angeno's Pizza, Papa's Italian, Thai 1 On Kitchen, and Swede's. There are also options like Subway and China House Zimmerman. Additionally, you can find soft-serve ice cream and signature shakes at classic burger and fries fast-food chains.
What are the pros and cons of living in Zimmerman?
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Some pros of living in Zimmerman may include its relatively affordable housing market, with a median property value of $141,400, and a high homeownership rate of 79.6%. However, some cons may include limited job opportunities and a relatively small population, which may limit entertainment and cultural options. Additionally, the poverty rate is 10.0%, which may be a challenge for some residents.
Is Zimmerman a good place to live?
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Zimmerman may be a good place to live for those who value a small-town atmosphere and affordable housing. However, it may not be the best fit for those who are looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether or not Zimmerman is a good place to live depends on an individual's personal 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 Zimmerman MN Commercial Property: $65,278
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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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