Overlea, MD High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Overlea, Maryland Market population: 12K. Compare commercial properties across all major asset classes with...
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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 Overlea MD Properties: 1.1000%
⭐ 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 Overlea MD
Common questions from investors exploring commercial real estate in Overlea MD.
What is the overall investment potential of Overlea, MD?
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Overlea, MD presents a stable investment market, considering its median household income of $58,291, relatively low poverty rate of 7.5%, and high health insurance coverage of 94.2%, which suggests a reliable tenant base with access to healthcare, and its top industries in Public Administration and Manufacturing indicate a diverse economy.
How does the commute time and transportation infrastructure impact the rental market in Overlea, MD?
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The average commute time of 27.7 minutes, combined with the top commute methods being driving alone, working from home, and carpooling, suggests a well-connected city with flexible transportation options, which is attractive to renters, especially when paired with the city's low poverty rate of 7.5% and high employment rate in industries like Transportation & Warehousing, & Utilities.
What role does ethnic diversity play in the demand for real estate in Overlea, MD?
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The ethnic diversity in Overlea, MD, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a culturally rich and potentially vibrant community, which can drive demand for housing, especially when considering the median property value of $200,500 and the relatively high homeownership rate of 71.7%, indicating a strong and stable housing market.
How does the income inequality and poverty rate affect the quality of tenants in Overlea, MD?
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The poverty rate of 7.5% and a GINI coefficient of 0.355 suggest a relatively stable and equitable income distribution, which, when combined with the high health insurance coverage rate of 94.2%, indicates a reliable and stable tenant base with access to necessary services, making it an attractive location for real estate investment.
What are the key factors indicating market stability and potential for appreciation in Overlea, MD?
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The combination of a low poverty rate of 7.5%, high health insurance coverage of 94.2%, and a diverse economy with top industries in Public Administration, Manufacturing, and Transportation & Warehousing, & Utilities, along with a median property value of $200,500, suggests a stable market with potential for appreciation, especially considering the city's relatively high homeownership rate and low commute times, which are indicators of a desirable place to live and work.
Overlea MD Real Estate & City Facts
Key facts and real estate information about Overlea MD.
What are some of the best neighborhoods to live in Overlea?
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Some of the best neighborhoods to live in Overlea include the east parts of the city, which tend to be more desired, and the southeast regions, which offer more affordable homes. According to AreaVibes, Overlea has a population of 12,063 and is ranked as one of the most diverse neighborhoods in Baltimore. Additionally, Niche ranks Overlea as one of the best neighborhoods to live in Baltimore, with a mix of older and newer homes.
What are some fun things to do in Overlea?
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Overlea has a variety of attractions and activities to offer, including the Natural History Society of Maryland, which is located on Belair Road. You can also explore the local farmer's market, which offers fresh produce and other goods. For outdoor enthusiasts, there are several parks and nature reserves in the area, such as the nearby Patterson Park. Additionally, Eventbrite lists several events and activities in Overlea, including bird-watching walks and cultural festivals.
What is the food scene like in Overlea?
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The food scene in Overlea is diverse and offers a range of options, from traditional American cuisine to international flavors. Some popular restaurants in the area include Diablo Doughnuts, Hajji Suya, and Conrad's Seafood Restaurant. You can also find food trucks, such as L&H Food Truck, which offers a variety of cuisines. According to Yelp, some of the top-rated restaurants in Overlea include Alexander's Tavern and Garibaldi's Italian Pizza & Grill.
What are the pros and cons of living in Overlea?
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One of the pros of living in Overlea is its diverse community and range of housing options, from affordable to more expensive homes. The area also has a strong sense of community, with several local events and festivals throughout the year. However, some cons of living in Overlea include the limited nightlife options and the need for a car to get around, as public transportation is limited. Additionally, some areas of Overlea can be quite crowded and noisy, especially near the main roads.
Is Overlea a good place to live?
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Overall, Overlea is a good place to live, offering a mix of diversity, community, and affordability. While it may not have all the amenities of a larger city, it has a unique charm and a strong sense of community. According to the data from Data USA, Overlea has a median household income of $58,291 and a median property value of $200,500, making it an attractive option for those looking for a affordable and diverse place to live. However, as with any place, it's essential to weigh the pros and cons and consider your individual needs and preferences before deciding if Overlea is the right fit for you.
⭐ 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 Overlea MD Commercial Property: $58,291
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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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