Annandale, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Annandale, New Jersey Market population: 42K. 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 Annandale VA Properties: 1.1600%
⭐ 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 Annandale VA
Common questions from investors exploring commercial real estate in Annandale VA.
What is the overall investment potential of Annandale, VA, considering its demographic and economic factors?
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Annandale, VA offers a stable investment market with a median household income of $78,163, a relatively low poverty rate of 11.1%, and a high health insurance coverage rate of 80.6%, indicating a strong and healthy workforce. The top industries, including Public Administration and Finance & Insurance, contribute to the local economy's stability. Additionally, the area's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Hispanic, suggests a vibrant and inclusive community.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Annandale, VA?
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The average commute time of 31 minutes in Annandale, VA, combined with the top commute methods of driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure. This, along with a public transportation usage rate of 14.1%, suggests that residents and potential renters can easily access employment, education, and other amenities, contributing to a high quality of life.
What are the implications of Annandale, VA's poverty rate and health insurance coverage for real estate investors assessing tenant quality and market stability?
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The 11.1% poverty rate in Annandale, VA, combined with an 80.6% health insurance coverage rate, suggests a working-class market with employment stability and access to healthcare. This, along with a median property value of $397,400 and a homeownership rate of 61.9%, indicates a relatively stable and secure market for real estate investors.
How does the ethnic diversity and industry mix in Annandale, VA impact the demand for housing and real estate investment opportunities?
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The ethnic diversity in Annandale, VA, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community, which can drive demand for housing. The top industries, including Public Administration, Information, and Finance & Insurance, also create a stable and growing economy, attracting professionals and families who need housing, thus presenting opportunities for real estate investors.
What role do the GINI coefficient and average household income play in assessing the investment potential and social stability of Annandale, VA?
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The GINI coefficient of 0.424 in Annandale, VA, indicates a moderate level of income inequality, while the average household income of $78,163 suggests a relatively affluent community. This combination, along with a foreign-born rate of 48.4%, implies a diverse and dynamic population, which can contribute to a stable and attractive investment environment for real estate investors.
Annandale VA Real Estate & City Facts
Key facts and real estate information about Annandale VA.
What are some of the best neighborhoods to live in Annandale?
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Some of the best neighborhoods to live in Annandale include areas near Hidden Oaks Nature Center, Mill Creek Park, and Wakefield Park. These neighborhoods offer a mix of quiet residential streets, access to parks and outdoor recreation, and proximity to local amenities like restaurants and shops. However, it's worth noting that Annandale is a diverse community with a range of neighborhoods to choose from, so it's a good idea to do some research and visit different areas to find the one that best fits your needs and preferences.
What are some fun things to do in Annandale?
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There are plenty of fun things to do in Annandale, including visiting the Hidden Oaks Nature Center, exploring the trails at Mill Creek Park, and checking out the local restaurants and shops along Little River Turnpike. You could also visit the Annandale Community Park, which hosts a variety of community events throughout the year, or take a trip to the nearby Great Falls Park for some hiking and outdoor adventure. Additionally, the Annandale Carnival and other local festivals are great ways to experience the community's culture and spirit.
What is the food scene like in Annandale?
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The food scene in Annandale is diverse and vibrant, with a wide range of restaurants serving everything from Korean BBQ to Mexican cuisine. Some popular spots include GJ2 4U, Shin Chon, and Cafe V, which offer a taste of the local Korean community's culinary traditions. You can also find plenty of other international cuisines, such as Chinese, Vietnamese, and Indian food, as well as American comfort food and diner fare. There are also plenty of great food trucks and casual eateries to grab a quick bite on the go.
What are the pros and cons of living in Annandale?
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One of the pros of living in Annandale is its diverse and vibrant community, with a wide range of cultural events and activities to enjoy. The area is also home to many parks and outdoor recreation areas, making it a great place for people who love nature and the outdoors. However, one of the cons is that Annandale can be quite crowded and traffic-heavy, especially during rush hour. Additionally, some areas of Annandale are still developing and may not have all the amenities and services that you would find in more established neighborhoods. Overall, though, Annandale is a great place to live for people who value diversity, community, and access to outdoor recreation.
Is Annandale a good place to live?
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Whether or not Annandale is a good place to live depends on your individual needs and preferences. If you value diversity, community, and access to outdoor recreation, and don't mind a bit of traffic and crowds, then Annandale could be a great fit for you. The area is also relatively affordable compared to some other parts of the DC metro area, and has a wide range of housing options to choose from. However, if you're looking for a more suburban or rural lifestyle, or prefer a more established and upscale neighborhood, you may want to consider other options. Ultimately, it's a good idea to visit Annandale and get a feel for the community before making a decision about whether or not it's the right place for you to live.
⭐ 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 Annandale VA Commercial Property: $78,163
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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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