Strasburg, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Strasburg, North Dakota Market population: 6K. Compare commercial properties across all major asset classes...
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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 Strasburg VA Properties: 0.6400%
⭐ 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 Strasburg VA
Common questions from investors exploring commercial real estate in Strasburg VA.
What's the overall investment potential of Strasburg, VA, considering its demographics and economy?
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Strasburg, VA, with a population of 6,419 and a median age of 39.5, presents a stable investment market, given its median household income of $47,927 and a relatively low poverty rate of 9.6%, indicating a strong potential for rental income stability. The top industries, including Public Administration, Wholesale Trade, and Manufacturing, suggest a diverse economic base. Additionally, the high health insurance coverage rate of 91.6% and average commute time of 33.2 minutes reflect a quality of life that could attract and retain tenants.
How does the ethnic diversity and industry mix in Strasburg, VA, impact the demand for real estate?
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The ethnic diversity in Strasburg, VA, with top ethnicities being White (46.6%), White Non-Hispanic (45.2%), and Two Or More (2.7%), contributes to a culturally rich community that can attract a wide range of residents. Combined with the top industries of Public Administration, Wholesale Trade, and Manufacturing, this diversity suggests a robust demand for housing, both for renters and buyers, especially considering the employed population of 3,070 and the median property value of $190,100.
What are the implications of the poverty rate and health insurance coverage for real estate investors in Strasburg, VA?
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The 9.6% poverty rate in Strasburg, VA, when considered alongside the 91.6% health insurance coverage, indicates a market with a significant portion of the population having access to employment and healthcare, suggesting stability in rental payments and potentially lower vacancy rates. This combination, along with a median household income of $47,927, points to a favorable environment for real estate investment, with tenants likely to have the means to pay rent consistently.
How do commute times and methods affect the attractiveness of Strasburg, VA, to potential tenants and investors?
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The average commute time of 33.2 minutes in Strasburg, VA, with top commute methods being driving alone, carpooling, and working from home, suggests a community with manageable transportation options and a degree of flexibility in work arrangements. This, coupled with the relatively high homeownership rate of 63.3% and median property taxes of $1,610, indicates a stable and potentially attractive market for both tenants and investors, considering the balance between commute convenience and housing costs.
What insights can be gleaned from the income inequality and employment data for real estate investment strategies in Strasburg, VA?
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The GINI coefficient of 0.383, indicating a moderate level of income inequality, combined with an employed population of 3,070 and a median household income of $47,927, suggests that Strasburg, VA, has a working population with a range of income levels. This, along with the top industries and relatively low poverty rate, implies that investors should consider a mix of housing types and price points to cater to different segments of the market, potentially maximizing rental yields and property appreciation over time.
Strasburg VA Real Estate & City Facts
Key facts and real estate information about Strasburg VA.
What are some of the best neighborhoods to live in Strasburg?
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Some of the best neighborhoods to live in Strasburg include Founders Landing, Signal Knob Estates, Hupps Hill, and Cedar Springs Estates. These neighborhoods offer a range of housing options and are known for their clean, quiet streets and beautiful scenery.
What are some fun things to do in Strasburg?
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There are plenty of fun things to do in Strasburg, including visiting the Strasburg Emporium, exploring the town's contemporary murals, and taking a self-guided tour of the local artisanal shops. You can also hike and bike in the nearby Shenandoah Valley, or visit the Strasburg Town Hall. Additionally, the town has a range of dining options, from farm-to-table cuisine to diner fare, and is home to a winery and a brewery.
What is the food scene like in Strasburg?
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The food scene in Strasburg is diverse and offers something for everyone. You can find farm-to-table cuisine, diner fare, and a range of international options. Some popular restaurants include the Queen Street Diner, Strasburg Diner, and Olde Country Diner. There are also plenty of great food trucks and local eateries to try. Additionally, the town is home to a winery and a brewery, offering a range of local wines and craft beers.
What are the pros and cons of living in Strasburg?
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The pros of living in Strasburg include its peaceful and family-friendly atmosphere, clean and quiet streets, and beautiful scenery. The town also has a range of amenities, including shops, restaurants, and outdoor recreation opportunities. However, some cons of living in Strasburg include its relatively small size, which can limit job opportunities and entertainment options. Additionally, the town's rural location can make it difficult to access certain services and amenities.
Is Strasburg a good place to live?
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Overall, Strasburg is a great place to live for those who value a peaceful and family-friendly atmosphere, outdoor recreation opportunities, and a strong sense of community. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, it offers a unique and charming way of life that is worth considering. With its beautiful scenery, range of amenities, and friendly residents, Strasburg is definitely worth exploring as a potential 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 Strasburg VA Commercial Property: $47,927
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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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