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Broomall, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Broomall, Pennsylvania Market population: 10K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

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

πŸ“Š Avg Property Tax Rate For Broomall PA Properties: 1.6700%

πŸ“Š Average Income For Broomall PA Commercial Property: $66,643

Investor Questions For Broomall PA

Common questions from investors exploring commercial real estate in Broomall PA.

What is the overall investment potential of Broomall, PA, considering its demographics and economy? +
Broomall, PA offers a stable investment market, with a median household income of $66,643, a relatively low poverty rate of 4.3%, and a high health insurance coverage rate of 96.3%, indicating a strong and secure tenant base. The top industries, including Information and Manufacturing, also suggest a diverse economy. Additionally, the city's ethnic diversity, with a mix of White, White Non-Hispanic, and Asian populations, can contribute to a vibrant and resilient community.
How does the commute time and transportation options in Broomall, PA affect the quality of life for residents and potential renters? +
The average commute time of 26.6 minutes in Broomall, PA is relatively short, and the top commute methods, including driving alone, working from home, and carpooling, indicate a flexible and convenient transportation system. This, combined with a high health insurance coverage rate of 96.3% and a low poverty rate of 4.3%, suggests a high quality of life for residents and potential renters, making it an attractive location for investment.
What role does the median property value and property taxes play in the investment potential of Broomall, PA? +
The median property value of $322,800 and median property taxes of $3,210 in Broomall, PA are important considerations for investors. When combined with the city's high homeownership rate of 80.8%, low poverty rate of 4.3%, and diverse economy, these factors suggest a stable and potentially appreciating housing market. Furthermore, the city's ethnic diversity and high health insurance coverage rate of 96.3% can contribute to a strong and secure rental market.
How does the ethnic diversity and industry mix in Broomall, PA impact the demand for housing and rental properties? +
The ethnic diversity in Broomall, PA, with a mix of White, White Non-Hispanic, and Asian populations, can contribute to a vibrant and resilient community, driving demand for housing and rental properties. The top industries, including Information, Manufacturing, and Public Administration, also suggest a diverse economy, which can attract a wide range of professionals and families, further increasing demand for housing. Additionally, the city's low poverty rate of 4.3% and high health insurance coverage rate of 96.3% indicate a strong and secure tenant base.
What are the key factors that contribute to the stability and potential for long-term growth in the Broomall, PA real estate market? +
The stability and potential for long-term growth in the Broomall, PA real estate market can be attributed to a combination of factors, including a low poverty rate of 4.3%, high health insurance coverage rate of 96.3%, and a diverse economy with top industries like Information and Manufacturing. Additionally, the city's high homeownership rate of 80.8%, median household income of $66,643, and relatively short average commute time of 26.6 minutes all contribute to a strong and secure market, making it an attractive location for real estate investment.

Broomall PA Real Estate & City Facts

Key facts and real estate information about Broomall PA.

What are some of the best neighborhoods to live in Broomall? +
Some of the best neighborhoods to live in Broomall include the central parts of the city, which tend to be more desirable and have higher home values. According to Nextdoor, the best places to live in Broomall consider cost of living, home prices, friendliness, and crime/safety reports. Additionally, neighborhoods like Marple Township are also popular for their top-rated schools and safe environment.
What are some fun things to do in Broomall? +
There are plenty of fun things to do in Broomall, including visiting the 1696 Thomas Massey House, a speciality museum, and exploring Veterans Memorial Park. You can also check out Vino Bambino Winery for a wine tasting experience. For more ideas, you can look up events on Eventbrite or check out reviews on Tripadvisor to find the best attractions in Broomall.
What is the food scene like in Broomall? +
The food scene in Broomall offers a variety of options, including Indian cuisine at Pakka Spice, American food at White Dog Cafe-Haverford, and Italian dishes at Teca Newtown Square. You can also find great food spots in nearby Media, PA, which is known for its vibrant food scene. According to Yelp, some of the top-rated restaurants in Broomall include Crown Fried Chicken and Estia Taverna Γ’β‚¬β€œ Radnor.
What are the pros and cons of living in Broomall? +
Living in Broomall has its pros and cons. On the plus side, the area has top-rated schools, safe neighborhoods, and a relatively low cost of living compared to other parts of Delaware County. However, some residents may find the area to be a bit suburban and lacking in urban amenities. Additionally, the cost of living in Broomall can be higher than in other parts of the county. Overall, it's a great place to live for families and those who value a quiet, suburban lifestyle.
Is Broomall a good place to live? +
Broomall can be a great place to live, depending on your individual preferences and priorities. The area offers a unique blend of suburban serenity and accessibility to urban amenities, making it an attractive choice for families and commuters. While it may not be the best fit for everyone, Broomall's strong schools, safe neighborhoods, and relatively low cost of living make it a desirable option for those looking for a quiet, suburban lifestyle.
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