Waynesboro, GA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Waynesboro, Georgia Market population: 21K. Compare commercial properties across all major asset classes with...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ 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 Waynesboro VA Properties: 77.0000%
⭐ 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 Waynesboro VA
Common questions from investors exploring commercial real estate in Waynesboro VA.
What is the overall investment potential of Waynesboro, VA, considering its demographic and economic factors?
+
The city's relatively low poverty rate of 16.3% and high health insurance coverage of 87.3% suggest a stable market with access to employment opportunities, making it an attractive location for real estate investment. Additionally, the top industries in Public Administration, Finance, and Real Estate contribute to a diverse economy, while the median household income of $44,847 and average commute time of 19.5 minutes indicate a decent quality of life for residents.
How does the ethnic diversity and industry mix in Waynesboro, VA impact the demand for housing and rental properties?
+
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community, while the top industries in Public Administration, Finance, and Real Estate drive demand for housing and rental properties. The relatively high homeownership rate of 58.5% and median property value of $165,600 also suggest a strong housing market, with opportunities for investors to capitalize on rental yields and property appreciation.
What are the key factors that influence the quality of life in Waynesboro, VA, and how do they impact real estate investment decisions?
+
The average commute time of 19.5 minutes, low poverty rate of 16.3%, and high health insurance coverage of 87.3% all contribute to a high quality of life in Waynesboro, VA, making it an attractive location for residents and investors alike. Furthermore, the city's relatively low crime rates and high average vehicle ownership per household also suggest a safe and convenient living environment, which can positively impact property values and rental yields.
How does the income inequality and poverty rate in Waynesboro, VA affect the affordability and accessibility of housing for residents and investors?
+
The GINI coefficient of 0.426 and poverty rate of 16.3% in Waynesboro, VA indicate a moderate level of income inequality, which can impact the affordability of housing for some residents. However, the median household income of $44,847 and median property value of $165,600 suggest that housing is relatively affordable, making it an attractive option for investors looking to capitalize on rental yields and property appreciation. Additionally, the high health insurance coverage rate of 87.3% also contributes to a stable and secure living environment.
What are the implications of the city's transportation infrastructure and commute patterns for real estate investors in Waynesboro, VA?
+
The average commute time of 19.5 minutes and top commute methods of driving alone, carpooling, and working from home suggest a convenient and flexible transportation infrastructure in Waynesboro, VA. This can positively impact property values and rental yields, as residents prioritize easy access to employment opportunities and amenities. Furthermore, the relatively high public transportation usage rate of 0.8% also indicates a demand for alternative transportation options, which can inform investment decisions and development opportunities in the city.
Waynesboro VA Real Estate & City Facts
Key facts and real estate information about Waynesboro VA.
What are some of the best neighborhoods to live in Waynesboro?
+
Some of the best neighborhoods to live in Waynesboro include Lyndhurst/Meadowbrook, known for its peaceful and quiet atmosphere, and Beagle Gap, which is a family-friendly neighborhood. Other desired areas tend to be in the south parts of the county, while more affordable homes are in the southeast regions.
What are some fun things to do in Waynesboro?
+
There are plenty of fun things to do in Waynesboro, such as exploring the vibrant arts scene, immersing yourself in live music, and indulging in unique shopping. You can also visit attractions like Zeus Digital Theater, Wayne Theatre, P Buckley Moss Museum, and Blue Ridge Tunnel. Additionally, Basic City and the Parks are popular spots, and Seven Arrows has great food and beer.
What is the food scene like in Waynesboro?
+
The food scene in Waynesboro is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include Shredders Smokehouse, Royal India Palace, Dani's Pizza, and A Taste of Cuba. You can also find upscale restaurants like The Green Leaf Grill, The Shack, and Jack's Hideaway. There are also plenty of great food trucks and local eateries, such as Benny Stivale's and The River Burger Bar.
What are the pros and cons of living in Waynesboro?
+
The pros of living in Waynesboro include its peaceful and quiet neighborhoods, vibrant arts scene, and unique shopping experiences. However, some cons include the potential for higher property values and prices in certain areas, as well as a relatively high poverty rate. Additionally, some residents have mentioned that the city can be quite liberal, which may be a pro or con depending on individual perspectives.
Is Waynesboro a good place to live?
+
Overall, Waynesboro seems to be a good place to live, with its peaceful neighborhoods, vibrant arts scene, and unique shopping experiences. While it may have some drawbacks, such as higher property values and prices in certain areas, the city's pros outweigh its cons for many residents. With its strong sense of community and plenty of things to do, Waynesboro is definitely worth considering as a place to call home.
⭐ 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 Waynesboro VA Commercial Property: $44,847
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement