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University Park, IL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in University Park, Illinois Market population: 23K. Explore income-producing properties with verified cap rates and...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For University Park TX Properties: 7.68%

πŸ“Š Avg Property Tax Rate For University Park TX Properties: 55.8000%

πŸ“Š Average Income For University Park TX Commercial Property: $173,520

Investor Questions For University Park TX

Common questions from investors exploring commercial real estate in University Park TX.

What makes University Park, TX a stable investment market? +
The combination of a high median household income of $173,520, a relatively low poverty rate of 4.4%, and a high health insurance coverage rate of 97.2% suggests a stable and secure market for real estate investments, with a strong foundation of employed individuals and a low risk of tenant instability.
How does the demographic diversity of University Park, TX impact the local real estate market? +
The top ethnicities in University Park, TX, including White (47.2%), White Non-Hispanic (45.5%), and Hispanic (2.6%), indicate a relatively homogeneous population, but the presence of top industries such as Information, Wholesale Trade, and Finance & Insurance suggests a diverse range of job opportunities and a potential for attracting a wide range of tenants and buyers.
What are the key factors that contribute to the quality of life in University Park, TX, and how do they impact real estate investments? +
The average commute time of 16.4 minutes, combined with the top commute methods of Drove Alone, Worked At Home, and Walked, indicates a high level of convenience and flexibility for residents, while the high health insurance coverage rate of 97.2% suggests a stable and secure population, making University Park, TX an attractive location for real estate investments.
How does the local economy in University Park, TX support the real estate market? +
The top industries in University Park, TX, including Information, Wholesale Trade, and Finance & Insurance, contribute to a strong and diverse local economy, with a median household income of $173,520 and an employed population of 9,747, providing a solid foundation for real estate investments and a potential for long-term growth and appreciation.
What are the implications of the housing market characteristics in University Park, TX for real estate investors? +
The high median property value of $968,300, combined with a median property tax of $5,408 and a homeownership rate of 80.7%, suggests a competitive and potentially lucrative housing market, with a strong demand for properties and a potential for long-term appreciation, making University Park, TX an attractive location for real estate investors seeking to maximize their returns.

University Park TX Real Estate & City Facts

Key facts and real estate information about University Park TX.

What are some of the best neighborhoods to live in University Park? +
Some of the best neighborhoods to live in University Park include Devonshire, Bluffview, Greenway Parks, and Highland Park. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their beautiful parks, good schools, and safe environments.
What are some fun things to do in University Park? +
There are plenty of fun things to do in University Park, including visiting the Moody Coliseum, exploring the shops and restaurants at Snider Plaza, and enjoying the outdoors at Goar Park or Lakeside Park. You can also catch a show or concert at the Inwood Theatre or take a stroll through the beautiful Highland Park Village.
What is the food scene like in University Park? +
The food scene in University Park is diverse and vibrant, with a range of restaurants serving everything from Tex-Mex to Italian cuisine. Some popular spots include il Bracco, Hudson House, and Jack & Harry's, as well as Torchy's Tacos and El Fenix for delicious breakfast and Tex-Mex options. There are also plenty of great food trucks and casual eateries to choose from.
What are the pros and cons of living in University Park? +
The pros of living in University Park include its beautiful neighborhoods, good schools, and safe environment, as well as its convenient location near Dallas and plenty of amenities like parks, restaurants, and shops. However, some cons include the high cost of living, traffic, and limited public transportation options. Additionally, the area can be quite crowded and noisy, especially near the university and major roads.
Is University Park a good place to live? +
Overall, University Park is a great place to live, offering a unique blend of small-town charm and big-city amenities. While it may have some drawbacks, the area's beautiful neighborhoods, good schools, and vibrant food and entertainment scene make it an attractive option for families, young professionals, and anyone looking for a convenient and enjoyable place to call home.
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