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Harrisville, PA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Harrisville, Pennsylvania Market population: 6K. Compare commercial properties across all major asset classes with...

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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 Harrisville UT Properties: 0.6800%

πŸ“Š Average Income For Harrisville UT Commercial Property: $73,419

Investor Questions For Harrisville UT

Common questions from investors exploring commercial real estate in Harrisville UT.

What makes Harrisville, UT an attractive market for real estate investment? +
The combination of a low poverty rate of 2.1%, high health insurance coverage of 95.1%, and a strong median household income of $73,419 suggests a stable and secure market for investors, with a relatively low risk of tenant default and a high potential for long-term rental income.
How does the demographic diversity of Harrisville impact the local real estate market? +
The predominantly White population with a small but present Hispanic community, combined with a foreign-born rate of 2.3%, indicates a relatively homogeneous market with some potential for cultural diversity, which could be attractive to investors looking for a stable and predictable rental market, especially given the top industries of Retail Trade and Health Care & Social Assistance.
What are the key factors influencing the quality of life in Harrisville, and how do they impact real estate investment? +
The average commute time of 24.4 minutes, with a high percentage of residents driving alone or working from home, suggests a convenient and flexible lifestyle, while the high health insurance coverage rate of 95.1% indicates access to quality healthcare, making Harrisville an attractive location for renters and thus a promising market for real estate investors.
How does the local economy and employment landscape affect the real estate market in Harrisville? +
The top industries of Retail Trade, Health Care & Social Assistance, and Professional, Scientific, & Management, & Administrative & Waste Management Services, along with a low poverty rate of 2.1% and a high employment population of 3,161, suggest a strong and diverse economy, which can lead to a stable demand for housing and a lower risk of vacancy for investors, especially when combined with the relatively high median property value of $233,400.
What insights can be gained from the housing market and quality of life metrics in Harrisville for real estate investment purposes? +
The high homeownership rate of 85.1%, combined with a median property value of $233,400 and a relatively low median property tax of $1,734, indicates a strong and stable housing market, while the average commute time of 24.4 minutes and high health insurance coverage of 95.1% suggest a high quality of life, making Harrisville an attractive location for both homeowners and renters, and thus a promising market for real estate investors looking for long-term appreciation and rental yields.

Harrisville UT Real Estate & City Facts

Key facts and real estate information about Harrisville UT.

What are some of the best neighborhoods to live in Harrisville? +
Some of the best neighborhoods to live in Harrisville, UT, are Railyard, Ogden Central Business District, Gibson, Southeast Ogden, and Mountain View. These neighborhoods offer a range of housing options, from new constructions to established homes, and are close to local amenities and attractions.
What are some fun things to do in Harrisville? +
There are plenty of fun things to do in Harrisville, UT, including visiting the Ben Lomond Golf Course, exploring the walking trails and picnic areas at Ogden's Off the Beaten Path, and enjoying the attractions at Toad's Fun Zone, such as go-kart racing, indoor mini golf, and laser tag. You can also visit the nearby city of Ogden, which offers a range of restaurants, shopping, and entertainment options.
What is the food scene like in Harrisville? +
The food scene in Harrisville, UT, is diverse and offers a range of options, from contemporary American cuisine at Snowbasin Resort to unique dining experiences at Weller's Bistro and Peery's Egyptian Theater. You can also find great restaurants and bars in nearby Ogden, such as the Greenery Restaurant, which serves up specialties like the famous Mormon Muffin and homemade Carmel Apple Pie. There are also plenty of great food trucks and casual eateries to choose from.
What are the pros and cons of living in Harrisville? +
The pros of living in Harrisville, UT, include its proximity to outdoor recreation opportunities, a range of housing options, and a growing economy. However, some cons to consider are the potential for traffic and congestion, especially during peak commute times, and the limited number of job opportunities in certain industries. Additionally, some residents may find the city's small-town feel to be either a pro or a con, depending on their personal preferences.
Is Harrisville a good place to live? +
Overall, Harrisville, UT, is a great place to live for those who value a small-town feel, outdoor recreation opportunities, and a growing economy. While it may have some drawbacks, such as limited job opportunities in certain industries, the city's pros outweigh its cons for many residents. With its range of housing options, local amenities, and attractions, Harrisville is definitely worth considering for those looking to relocate to the area.
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