Bon Air, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bon Air, Alabama Market population: 16K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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10 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 Bon Air VA Properties: 89.0000%
⭐ 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 Bon Air VA
Common questions from investors exploring commercial real estate in Bon Air VA.
What's the overall investment potential of Bon Air, VA?
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Bon Air, VA offers a stable investment market with a median household income of $67,859, a relatively low poverty rate of 6.0%, and a high health insurance coverage rate of 91.8%, indicating a reliable tenant base. The top industries, including Transportation & Warehousing and Finance & Insurance, also contribute to the area's economic stability. With a median property value of $217,900 and a homeownership rate of 71.5%, Bon Air presents a promising opportunity for real estate investors.
How does the local economy impact rental demand?
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The diverse economy of Bon Air, VA, with top industries like Transportation & Warehousing, Information, and Finance & Insurance, creates a strong demand for rentals. The employed population of 8,407 and a median household income of $67,859 also suggest a stable tenant base. Additionally, the area's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community with a range of housing needs.
What's the quality of life like for residents and tenants?
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Bon Air, VA offers a high quality of life, with an average commute time of just 22.1 minutes and a range of commute options, including driving alone, working from home, and carpooling. The high health insurance coverage rate of 91.8% also indicates access to good healthcare, making the area attractive to residents and tenants. With a median age of 42.9 and a relatively low poverty rate, Bon Air presents a stable and desirable environment for investment.
How does the area's demographics impact property values?
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The demographics of Bon Air, VA, including a median age of 42.9 and a top ethnicity of White (42.8%), suggest a stable and established community. The median property value of $217,900 and median property taxes of $5,002 indicate a relatively affordable housing market. With a GINI coefficient of 0.369, indicating moderate income inequality, and a foreign born rate that is not applicable, the area's demographics contribute to a stable property market with opportunities for long-term appreciation.
What are the key factors to consider for real estate investment in Bon Air, VA?
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When considering real estate investment in Bon Air, VA, key factors include the area's strong economy, with a range of top industries, and a stable tenant base, with a median household income of $67,859 and a high health insurance coverage rate. The area's quality of life, with a short average commute time and access to good healthcare, also contributes to its attractiveness. Additionally, the median property value, homeownership rate, and property taxes should be carefully evaluated to ensure a solid return on investment.
Bon Air VA Real Estate & City Facts
Key facts and real estate information about Bon Air VA.
What are some of the best neighborhoods to live in Bon Air?
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Some of the best neighborhoods to live in Bon Air include areas with charming Victorian homes, community pools, and clubhouses. Neighborhoods like Buford Road and Stony Point are popular for their bikeability and convenience for young families. However, it's worth noting that the quality of neighborhoods can vary greatly, and some areas may have higher crime rates or less desirable housing options.
What are some fun things to do in Bon Air?
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There are plenty of fun things to do in Bon Air, including visiting the local park with a covered picnic shelter, getting a massage at Unique Foot Relaxing, or attending events and classes at the local spa. You can also explore the surrounding areas, such as Richmond, which offers a variety of attractions, tours, and activities. Additionally, there are several restaurants and bars in the area that offer a range of cuisines and entertainment options.
What is the food scene like in Bon Air?
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The food scene in Bon Air is eclectic and inviting, with a range of restaurants serving different cuisines. Some popular options include First Watch, Frank's Pizzeria, and Eggs Up Grill. You can also find Chinese restaurants like Cathay Gourmet, and family-owned eateries like Joe's Inn Bon Air. There are also plenty of great food trucks and new restaurants in the area, so you're sure to find something that suits your taste.
What are the pros and cons of living in Bon Air?
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The pros of living in Bon Air include its convenient location, charming neighborhoods, and range of amenities. However, some areas may have higher crime rates or less desirable housing options, which can be a con. Additionally, the quality of schools can vary, and some residents may find the commute to nearby cities like Richmond to be a challenge. Overall, it's essential to weigh the pros and cons and consider your individual needs and priorities when deciding whether to live in Bon Air.
Is Bon Air a good place to live?
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Bon Air can be a great place to live, depending on your individual needs and preferences. The area offers a range of amenities, including parks, restaurants, and community events, and its convenient location makes it an attractive option for families and commuters. However, as with any area, there are also some challenges to consider, such as varying crime rates and housing options. Ultimately, whether Bon Air is a good place to live will depend on your personal priorities and what you're looking for in a community.
⭐ 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 Bon Air VA Commercial Property: $67,859
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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 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
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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