Fircrest, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Fircrest, Washington Market population: 7K. 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 Fircrest WA Properties: 1.0100%
⭐ 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 Fircrest WA
Common questions from investors exploring commercial real estate in Fircrest WA.
What makes Fircrest, WA an attractive market for real estate investment?
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Fircrest's strong economy, with a median household income of $83,419 and a low poverty rate of 5.1%, combined with its diverse population, including a significant White and Asian demographic, suggests a stable and growing market. The city's top industries, such as Health Care & Social Assistance and Retail Trade, also indicate a robust employment sector, which is further supported by a high health insurance coverage rate of 96.2%.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Fircrest?
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The average commute time of 24.4 minutes in Fircrest, with a majority of residents driving alone or working from home, indicates a relatively convenient and flexible transportation infrastructure. This, combined with a high health insurance coverage rate and a low poverty rate, suggests a good quality of life for residents, making it an attractive location for potential renters and investors. The city's diverse population, with top ethnicities including White, Asian, and Two Or More, also contributes to a vibrant and inclusive community.
What are the key factors that contribute to the stability of the housing market in Fircrest?
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The stability of the housing market in Fircrest can be attributed to a combination of factors, including a high homeownership rate of 73.2%, a relatively low poverty rate of 5.1%, and a strong economy with top industries like Health Care & Social Assistance and Retail Trade. Additionally, the city's median property value of $373,400 and median property taxes of $3,341 suggest a balanced and sustainable housing market, which is further supported by a high health insurance coverage rate of 96.2% and a diverse population with a significant foreign-born rate of 8.5%.
How does the demographic diversity of Fircrest impact the demand for housing and rental properties?
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The demographic diversity of Fircrest, with top ethnicities including White, Asian, and Two Or More, contributes to a vibrant and inclusive community, which can drive demand for housing and rental properties. The city's relatively high median household income of $83,419 and low poverty rate of 5.1% also suggest a strong and stable rental market, with a significant portion of the population likely to be seeking rental properties. Furthermore, the city's diverse population and strong economy, with a high employment rate and low unemployment rate, indicate a growing and dynamic market with opportunities for real estate investment.
What are the implications of Fircrest's income inequality and poverty rate for real estate investors?
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Fircrest's income inequality, as measured by the GINI coefficient of 0.382, and poverty rate of 5.1% suggest a relatively stable and equitable economy. The high health insurance coverage rate of 96.2% also indicates a strong social safety net, which can contribute to a stable and secure rental market. Additionally, the city's diverse population and strong economy, with top industries like Health Care & Social Assistance and Retail Trade, suggest a growing and dynamic market with opportunities for real estate investment, particularly in areas with high demand for housing and rental properties.
Fircrest WA Real Estate & City Facts
Key facts and real estate information about Fircrest WA.
What are some of the best neighborhoods to live in Fircrest?
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Some of the best neighborhoods to live in Fircrest include the central parts of the city, which tend to be more desirable, as well as the west regions, which offer more affordable homes. Neighborhoods like NE 12th Way and NE 16th St have single-family homes and apartment complexes with a range of prices.
What are some fun things to do in Fircrest?
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There are plenty of fun things to do in Fircrest, including visiting the Haunted Farmers Market, exploring the Lael's Moon Garden Nursery, and playing a round of golf at the Fircrest Golf Course. You can also check out the Kobayashi Park, On Safari - In, and the Tacoma Rc Raceway for some outdoor activities.
What is the food scene like in Fircrest?
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The food scene in Fircrest is diverse and offers a range of options, including restaurants like Kimchi Box, Spring Lake Cafe, and Howdy Bagel. You can also find seafood at Duke's Tacoma, and try some kebabs at Quality Kebab House. There are also plenty of great food trucks and delivery options available through Uber Eats.
What are the pros and cons of living in Fircrest?
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The pros of living in Fircrest include its dense suburban feel, plenty of restaurants and coffee shops, and community parks. However, some cons include the high cost of living, with median house prices around $332,512, and the potential for traffic and noise from nearby highways. Overall, Fircrest is a great option for those who want a mix of urban and suburban living.
Is Fircrest a good place to live?
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Fircrest is a great place to live for those who want a dense suburban feel with plenty of amenities. The city has a strong sense of community, with plenty of parks and outdoor activities, as well as a range of restaurants and shops. While it may have some drawbacks, such as high costs and traffic, overall Fircrest is a desirable 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 Fircrest WA Commercial Property: $83,419
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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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