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Fishersville, VA High Cap Rate Commercial Investment Properties for Sale

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

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Fishersville VA Properties: 52.0000%

πŸ“Š Average Income For Fishersville VA Commercial Property: $61,044

Investor Questions For Fishersville VA

Common questions from investors exploring commercial real estate in Fishersville VA.

What's the overall investment potential of Fishersville, VA? +
With a median household income of $61,044 and a relatively low poverty rate of 9.1%, Fishersville presents a stable investment market, further supported by its high health insurance coverage of 94.2% and short average commute time of 19.3 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate investment in Fishersville? +
The top industries in Fishersville, including Finance & Insurance, Public Administration, and Manufacturing, contribute to a diverse economy, which, combined with a median property value of $242,400 and a homeownership rate of 69.4%, suggests a strong and stable housing market, attractive to both homeowners and renters, especially considering the low poverty rate and high employment rate.
What role does ethnic diversity play in the demand for real estate in Fishersville? +
The ethnic diversity in Fishersville, with a population that is predominantly White (45.8%) and White Non-Hispanic (45.4%), and a smaller but present Black population (3.4%), indicates a potential for a stable community, which, when combined with the area's top industries and low poverty rate of 9.1%, can lead to a consistent demand for housing, supported by the area's relatively high median household income of $61,044 and low average commute time of 19.3 minutes.
How do quality of life metrics, such as commute time and health insurance coverage, affect the stability of the real estate market in Fishersville? +
The short average commute time of 19.3 minutes and high health insurance coverage of 94.2% in Fishersville suggest a high quality of life, which can attract and retain residents, thereby stabilizing the real estate market, especially when considered alongside the area's median property value of $242,400 and low poverty rate, indicating a desirable and relatively affordable place to live.
What insights can be gleaned from the income inequality and employment rates in Fishersville for real estate investment purposes? +
The GINI coefficient of 0.408, indicating moderate income inequality, combined with an employed population of 3,178 and a poverty rate of 9.1%, suggests that Fishersville has a working population with a degree of economic stability, which, when considered alongside the top industries and median household income of $61,044, points to a market with potential for consistent rental income and property appreciation, supported by the area's high health insurance coverage and short commute times.

Fishersville VA Real Estate & City Facts

Key facts and real estate information about Fishersville VA.

What are some of the best neighborhoods to live in Fishersville? +
Some of the best neighborhoods to live in Fishersville include the southeast parts of the city, which tend to be more desired, and the southwest regions, which offer more affordable homes. You can also consider nearby areas like Waynesboro or Crozet, which offer a peaceful and family-friendly environment.
What are some fun things to do in Fishersville? +
There are plenty of fun things to do in Fishersville, including visiting the Barren Ridge Vineyards, exploring the Fishersville Antiques Expo, and checking out the Blue Ridge Tunnel. You can also visit the nearby Gateway Senior Living to learn more about the local attractions and events.
What is the food scene like in Fishersville? +
The food scene in Fishersville is diverse and offers a range of options, from fine dining at The Chop House Tavern to casual eats at The River Burger Bar. You can also find great local food producers and restaurants, such as El Barko, which serves up delicious Mexican cuisine. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Fishersville? +
The pros of living in Fishersville include its peaceful and family-friendly environment, convenient location, and access to outdoor activities like hiking and fishing. However, some cons include the limited job opportunities and higher cost of living compared to other nearby areas. Overall, Fishersville is a great place to live for those who value a quiet and natural setting.
Is Fishersville a good place to live? +
Yes, Fishersville is a good place to live, offering a unique blend of natural beauty, outdoor recreation, and small-town charm. While it may have some limitations, the city's peaceful atmosphere, convenient location, and growing food scene make it an attractive option for those looking to escape the hustle and bustle of city life. As with any place, it's essential to weigh the pros and cons and consider your individual priorities and preferences.
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