Lakeland North, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lakeland North, Washington Market population: 14K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Lakeland North WA Properties: 0.8800%
⭐ 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 Lakeland North WA
Common questions from investors exploring commercial real estate in Lakeland North WA.
What's the overall investment outlook for Lakeland North, WA?
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With a median household income of $69,702 and a relatively low poverty rate of 10.0%, Lakeland North presents a stable investment market, further supported by its high health insurance coverage rate of 91.8% and a strong employment base in industries like Public Administration and Manufacturing.
How does the local economy impact rental demand?
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The diverse economy, led by Public Administration, Manufacturing, and Transportation & Warehousing, & Utilities, combined with a low poverty rate and high employment rate, suggests a strong and stable rental market, which is further enhanced by the area's ethnic diversity, including a significant White and Asian population.
What are the key factors influencing property values in Lakeland North?
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The median property value of $264,900, coupled with a median property tax of $3,691 and a high homeownership rate of 76.2%, indicates a favorable environment for property appreciation, especially considering the area's relatively low poverty rate of 10.0% and high health insurance coverage of 91.8%.
How does commute time affect the quality of life and rental yields?
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The average commute time of 30.7 minutes, although moderate, is mitigated by the prevalence of drove alone, carpooled, and worked at home commute methods, suggesting flexibility and convenience for residents, which, combined with the low poverty rate and high health insurance coverage, contributes to a stable and attractive rental market.
What role does demographic diversity play in the investment potential of Lakeland North?
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The ethnic diversity, with significant White, White Non-Hispanic, and Asian populations, alongside a GINI coefficient of 0.362 indicating moderate income inequality, suggests a dynamic and resilient community, which, when considered with the strong median household income of $69,702 and low poverty rate, points to a market with robust demand for housing and potential for long-term investment growth.
Lakeland North WA Real Estate & City Facts
Key facts and real estate information about Lakeland North WA.
What are some of the best neighborhoods to live in Lakeland North?
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Some of the best neighborhoods to live in Lakeland North include Lakeland Hills, Lakeland North, and West Hill-Midway. These neighborhoods offer a peaceful and tree-filled environment, with easy freeway access and a variety of housing options, including condos, single-family homes, and luxury homes.
What are some fun things to do in Lakeland North?
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There are plenty of fun things to do in Lakeland North, including visiting Emerald Downs, going for a stroll around the neighborhood, and exploring the surrounding lakes and forests. You can also find unique restaurants and bars in the area, such as Farm 12 and The Bistro at Lakeland Village.
What is the food scene like in Lakeland North?
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The food scene in Lakeland North is diverse and offers a range of options, from unique restaurants like Farm 12 and The Bistro at Lakeland Village, to Indian street food takeout spots and modern sushi bars. There are also plenty of great food trucks and casual eateries in the area.
What are the pros and cons of living in Lakeland North?
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The pros of living in Lakeland North include its peaceful and tree-filled environment, easy freeway access, and variety of housing options. However, some cons include the potential for traffic and noise from the nearby freeway, and the need for a car to get around the area. Additionally, some residents have noted that the area can feel a bit isolated from the rest of the city.
Is Lakeland North a good place to live?
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Overall, Lakeland North is a great place to live for those who value a peaceful and natural environment, with easy access to amenities and activities. While it may not be the best fit for everyone, it offers a unique and desirable lifestyle for those who enjoy the outdoors and a sense of community. As with any neighborhood, it's worth weighing the pros and cons and visiting the area in person to get a sense of whether it's 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 Lakeland North WA Commercial Property: $69,702
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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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