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Wakefield, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wakefield, Virginia Market population: 12K. Explore income-producing properties with verified cap rates and operating...

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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📊 Avg Property Tax Rate For Wakefield VA Properties: 48.0000%

📊 Average Income For Wakefield VA Commercial Property: $151,103

Investor Questions For Wakefield VA

Common questions from investors exploring commercial real estate in Wakefield VA.

What's the overall investment outlook for Wakefield, VA, considering its demographics and economy? +
Wakefield, VA, with its median household income of $151,103 and a relatively low poverty rate of 2.2%, presents a stable investment environment, further bolstered by its diverse economy with top industries in manufacturing, public administration, and professional services, suggesting a robust market demand.
How does the commute time and health insurance coverage impact the quality of life for renters in Wakefield, VA? +
The average commute time of 32.9 minutes, coupled with a high health insurance coverage rate of 95.7%, indicates a good quality of life for renters, suggesting that they have access to stable employment and healthcare, which can lead to a more reliable tenant base for investors.
What role does ethnic diversity play in the demand for real estate in Wakefield, VA? +
The ethnic diversity in Wakefield, VA, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant community, which can drive demand for real estate, especially considering the area's strong median household income of $151,103 and low poverty rate of 2.2%, making it an attractive location for a diverse range of buyers and renters.
How do the median property value and property taxes in Wakefield, VA, affect real estate investment decisions? +
The high median property value of $585,200 and median property taxes of $3,676 in Wakefield, VA, suggest a premium market, which can be attractive for investors looking for long-term appreciation, especially when combined with the area's low poverty rate of 2.2% and high health insurance coverage rate of 95.7%, indicating a stable and affluent community.
What insights can be gleaned from the employment population and top industries in Wakefield, VA, for real estate investors? +
The employed population of 6,052 and the presence of top industries such as manufacturing, public administration, and professional services in Wakefield, VA, indicate a strong and diverse job market, which, when considered alongside the median household income of $151,103 and the low poverty rate of 2.2%, suggests a high demand for housing and a favorable environment for real estate investment.

Wakefield VA Real Estate & City Facts

Key facts and real estate information about Wakefield VA.

What are some of the best neighborhoods to live in Wakefield? +
Some of the best neighborhoods to live in Wakefield include Sussex City, which is known for being peaceful and family-friendly. Other neighborhoods like Duke Gardens and Wakefield are also popular, but it's worth noting that the area can be quite expensive. According to reviews, Sussex City is a great place to raise a family, with a strong sense of community and plenty of amenities nearby.
What are some fun things to do in Wakefield? +
There are plenty of fun things to do in Wakefield, including visiting the Airfield Conference Center, Plantation Peanuts of Wakefield, and the Wakefield Peanut Company. You can also explore the great outdoors at Chippokes State Park or visit the Carpenter Folk Art Museum. If you're looking for something to do with the family, consider checking out the events and activities at the Wakefield Foundation Center For The Arts.
What is the food scene like in Wakefield? +
The food scene in Wakefield is all about classic American comfort food, with a focus on Southern favorites like fried chicken and barbecue. Be sure to check out the Virginia Diner, which has been featured on Diners, Drive-Ins, and Dives, and try some of the local specialties like peanut-based dishes. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Wakefield? +
One of the biggest pros of living in Wakefield is the strong sense of community, with plenty of family-friendly activities and a peaceful atmosphere. However, the area can be quite expensive, and some residents have noted that there isn't a lot to do in terms of nightlife or entertainment. Additionally, the commute to nearby cities can be lengthy, so it's worth considering the pros and cons before making a decision.
Is Wakefield a good place to live? +
Overall, Wakefield is a great place to live for families and those looking for a peaceful, small-town atmosphere. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, the area has a lot to offer in terms of natural beauty, community events, and classic American comfort food. With its strong sense of community and plenty of amenities nearby, Wakefield is definitely worth considering for those looking to relocate to the area.
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Investment Opportunities by City

Abbs Valley - High Cap Rate Abbs Valley - High NOI Abbs Valley - Premium Properties Abbs Valley - Affordable Deals Abingdon - High Cap Rate Abingdon - High NOI Abingdon - Premium Properties Abingdon - Affordable Deals Accomac - High Cap Rate Accomac - High NOI Accomac - Premium Properties Accomac - Affordable Deals Adwolf - High Cap Rate Adwolf - High NOI Adwolf - Premium Properties Adwolf - Affordable Deals Afton - High Cap Rate Afton - High NOI Afton - Premium Properties Afton - Affordable Deals Alberta - High Cap Rate Alberta - High NOI Alberta - Premium Properties Alberta - Affordable Deals

Property Types by City

Multifamily - Abbs Valley, VA Apartment Building - Abbs Valley, VA Multifamily (Condo) - Abbs Valley, VA Multifamily - Abingdon, VA Apartment Building - Abingdon, VA Multifamily (Condo) - Abingdon, VA Multifamily - Accomac, VA Apartment Building - Accomac, VA Multifamily (Condo) - Accomac, VA Multifamily - Adwolf, VA Apartment Building - Adwolf, VA Multifamily (Condo) - Adwolf, VA Multifamily - Afton, VA Apartment Building - Afton, VA Multifamily (Condo) - Afton, VA

Wakefield, VA Investment Filters

High Cap Rate - Wakefield, VA

Top yielding investment properties with strong returns in Wakefield, VA

Medium Cap Rate - Wakefield, VA

Balanced investment opportunities with moderate returns in Wakefield, VA

Low Cap Rate - Wakefield, VA

Stable properties with appreciation potential in Wakefield, VA

High NOI - Wakefield, VA

Properties with strong net operating income in Wakefield, VA

Medium NOI - Wakefield, VA

Solid performing properties with steady income in Wakefield, VA

Premium Properties - Wakefield, VA

High-value commercial real estate over $1M in Wakefield, VA

Affordable Deals - Wakefield, VA

Entry-level investment opportunities under $500K in Wakefield, VA

Mid-Range Properties - Wakefield, VA

Properties priced between $500K and $1M in Wakefield, VA

High Yield Deals - Wakefield, VA

Best performing properties with high cap rate and NOI in Wakefield, VA

Best Value Investments - Wakefield, VA

Affordable properties with high cap rates in Wakefield, VA