Scaggsville, MD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Scaggsville, Maryland Market population: 9K. Explore income-producing properties with verified cap rates and operating...
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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 Scaggsville MD Properties: 1.0440%
⭐ 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 Scaggsville MD
Common questions from investors exploring commercial real estate in Scaggsville MD.
What is the overall investment potential of Scaggsville, MD?
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Scaggsville, MD offers a stable investment market with a median household income of $144,244, a relatively low poverty rate of 2.3%, and a high health insurance coverage rate of 97.0%, indicating a strong and secure tenant base. The top industries, including Public Administration and Finance & Insurance, also contribute to the area's economic stability. With a median property value of $491,800 and a high homeownership rate of 93.3%, Scaggsville presents a promising opportunity for real estate investors.
How does the demographic diversity of Scaggsville impact the rental market?
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The diversity of Scaggsville, with top ethnicities including White, White Non-Hispanic, and Asian, suggests a vibrant and inclusive community that can attract a wide range of renters. Combined with a foreign-born rate of 24.5% and a median age of 39.6, this diversity can contribute to a dynamic and growing rental market. Additionally, the area's low poverty rate of 2.3% and high health insurance coverage rate of 97.0% indicate a stable and secure tenant base.
What are the key factors influencing the quality of life in Scaggsville, MD?
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The quality of life in Scaggsville is influenced by factors such as the average commute time of 33.2 minutes, which is relatively low, and the top commute methods, including driving alone and working from home. The high health insurance coverage rate of 97.0% and low poverty rate of 2.3% also contribute to a stable and secure living environment. Furthermore, the area's high median household income of $144,244 and low GINI coefficient of 0.324 indicate a relatively equal distribution of income, which can positively impact the overall quality of life.
How does the local economy impact the real estate market in Scaggsville, MD?
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The local economy in Scaggsville, driven by top industries such as Public Administration, Manufacturing, and Finance & Insurance, provides a stable foundation for the real estate market. The median household income of $144,244 and employed population of 4,824 also contribute to a strong and secure economic environment. With a low poverty rate of 2.3% and high health insurance coverage rate of 97.0%, the area's economy is well-positioned to support a thriving real estate market, including a median property value of $491,800 and a high homeownership rate of 93.3%.
What are the implications of Scaggsville's transportation options for real estate investors?
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The transportation options in Scaggsville, including a relatively low average commute time of 33.2 minutes and top commute methods such as driving alone and working from home, suggest a convenient and accessible location for renters. The area's high health insurance coverage rate of 97.0% and low poverty rate of 2.3% also indicate a stable and secure tenant base, which can be attracted to the area's transportation options. Furthermore, the diversity of the area, with top ethnicities including White, White Non-Hispanic, and Asian, can contribute to a dynamic and growing rental market, supported by the local economy and transportation infrastructure.
Scaggsville MD Real Estate & City Facts
Key facts and real estate information about Scaggsville MD.
What are some of the best neighborhoods to live in Scaggsville?
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Some of the best neighborhoods to live in Scaggsville include Maple Lawn, which is known for its walkability, boutique shops, and well-maintained homes. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the north regions.
What are some fun things to do in Scaggsville?
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There are plenty of fun things to do in Scaggsville, including visiting the National Wildlife Visitor Center, Laurel Park Race Track, and Montpelier Mansion. You can also explore the nearby Howard County, which offers rural and urban travel inspiration, including the Clark's Elioak Farm and the Bollman Truss Railroad Bridge.
What is the food scene like in Scaggsville?
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The food scene in Scaggsville is diverse and exciting, with a range of restaurants serving unique and delicious dishes. Some popular options include Grille620, Mad Chef Kitchen & Bar, and Alexandra's at Turf Valley. There are also plenty of great food trucks and local eateries serving Maryland-style cuisine, including steamed crabs and oysters.
What are the pros and cons of living in Scaggsville?
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The pros of living in Scaggsville include its desirable neighborhoods, fun things to do, and diverse food scene. However, some cons include the high cost of living, with median house prices being quite expensive. Additionally, traffic and commute times can be a challenge, especially during rush hour. Overall, Scaggsville is a great place to live for those who value a high quality of life and are willing to pay for it.
Is Scaggsville a good place to live?
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Yes, Scaggsville is a good place to live, offering a unique blend of rural and urban charm. With its desirable neighborhoods, fun things to do, and diverse food scene, there's something for everyone in Scaggsville. While it may have its challenges, such as high costs and traffic, the pros outweigh the cons for many residents. Ultimately, whether Scaggsville is a good place to live depends on your individual priorities and preferences.
⭐ 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 Scaggsville MD Commercial Property: $144,244
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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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