Cloverly, MD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cloverly, Maryland Market population: 16K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Cloverly MD Properties: 0.9400%
⭐ 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 Cloverly MD
Common questions from investors exploring commercial real estate in Cloverly MD.
What's the overall investment outlook for Cloverly, MD, considering its demographics and economy?
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Cloverly, MD presents a stable investment market, with a median household income of $119,243, a relatively low poverty rate of 4.4%, and a high health insurance coverage rate of 94.3%, indicating a strong and stable workforce. The top industries, including Information and Public Administration, also suggest a diverse economy. Additionally, the city's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community.
How does the commute time and transportation infrastructure impact the rental market in Cloverly, MD?
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The average commute time of 35.7 minutes in Cloverly, MD, combined with the top commute methods being Drove Alone, Worked At Home, and Public Transit, suggests a well-developed transportation infrastructure that supports a convenient and relatively quick commute for residents. This, along with the high median household income and low poverty rate, indicates a strong demand for rental properties, especially from professionals working in the top industries such as Information and Public Administration.
What are the implications of Cloverly, MD's high homeownership rate and median property value for real estate investors?
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The high homeownership rate of 89.7% and median property value of $478,400 in Cloverly, MD, suggest a stable and potentially appreciating housing market. This stability, coupled with the low poverty rate of 4.4% and high health insurance coverage of 94.3%, indicates that investors may expect relatively low vacancy rates and stable rental income. Furthermore, the city's diverse economy and ethnic makeup contribute to a dynamic community that can support long-term investment growth.
How does the income inequality and foreign-born population affect the tenant quality and market demand in Cloverly, MD?
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The GINI coefficient of 0.346, indicating moderate income inequality, and the foreign-born rate of 24.1% in Cloverly, MD, suggest a diverse population with varying income levels. However, the high median household income of $119,243 and low poverty rate of 4.4% mitigate potential concerns about tenant quality. The diversity also contributes to a vibrant community, which can drive market demand, especially in the rental sector, supported by the top industries and convenient commute options.
What role does the health insurance coverage and education level play in assessing the quality of tenants and overall investment stability in Cloverly, MD?
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The high health insurance coverage rate of 94.3% and education levels, with 94.5% high school graduation rate and 63.2% bachelor's degree or higher, in Cloverly, MD, indicate a well-educated and financially stable population. This suggests that tenants are likely to be reliable and stable, contributing to a low-risk investment environment. Additionally, the combination of these factors with the city's economic diversity and commute infrastructure supports a stable and potentially growing real estate market.
Cloverly MD Real Estate & City Facts
Key facts and real estate information about Cloverly MD.
What are some of the best neighborhoods to live in Cloverly?
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Some of the best neighborhoods to live in Cloverly include Cloverly Acres, which is known for its big yards, easy commuting options, and great schools. Other popular neighborhoods in the area include Colesville and Layhill, which offer a safe and rural feel.
What are some fun things to do in Cloverly?
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There are plenty of fun things to do in Cloverly, including visiting the Brookside Gardens, a 50-acre public display garden located in nearby Wheaton. You can also check out the Underground Railroad Experience Trail, the National Capital Trolley Museum, or take a stroll along the Clopper Lake Shore Trail. For some local events and activities, you can visit the Olney Farmers and Artists Market or take a class at the Sip & Develop event space.
What is the food scene like in Cloverly?
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The food scene in Cloverly is diverse and exciting, with a range of restaurants to choose from. Some popular spots include Fusion Bar And Grill, Eggspectation, Olney Ale House, and Restaurant 198. You can also find great food at Cuba de Ayer, Salt & Vine, Cava Mezze, and Mannequin Pis. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Cloverly?
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The pros of living in Cloverly include its safe and rural feel, easy commuting options, and great schools. However, some cons include the high cost of living, traffic, and limited nightlife options. Additionally, some residents have noted that the area can feel a bit suburban and lacking in diversity. Overall, Cloverly is a great choice for families and those looking for a quiet, suburban lifestyle.
Is Cloverly a good place to live?
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Yes, Cloverly is a good place to live, offering a unique blend of rural charm and suburban convenience. With its safe neighborhoods, great schools, and easy commuting options, it's an ideal choice for families and professionals alike. While it may not be the best fit for those looking for a vibrant nightlife or diverse cultural scene, Cloverly is a great option for those seeking a quiet, peaceful lifestyle with plenty of opportunities for outdoor recreation and community engagement.
⭐ 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 Cloverly MD Commercial Property: $119,243
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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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