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Lower Burrell, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lower Burrell, Pennsylvania Market population: 12K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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

πŸ“Š Avg Property Tax Rate For Lower Burrell PA Properties: 2.4750%

πŸ“Š Average Income For Lower Burrell PA Commercial Property: $47,752

Investor Questions For Lower Burrell PA

Common questions from investors exploring commercial real estate in Lower Burrell PA.

What's the overall investment potential of Lower Burrell, PA? +
With a median household income of $47,752 and a relatively low poverty rate of 7.7%, Lower Burrell presents a stable investment market, further supported by its high health insurance coverage of 94.7% and a strong employment base in finance, insurance, and real estate, indicating a reliable tenant pool.
How does the local economy impact real estate demand? +
The top industries in Lower Burrell, including finance, insurance, and construction, contribute to a diverse economy, which, combined with a low poverty rate of 7.7% and high employment rate, suggests a steady demand for housing, especially considering the average commute time of 27.2 minutes and the prevalence of drove alone and worked at home commute methods.
What are the key factors influencing rental yields in Lower Burrell? +
The median property value of $129,400 and median property taxes of $4,027 are crucial in determining rental yields, but when considering the high homeownership rate of 82.7% and the relatively low poverty rate, it indicates a potential for stable, long-term rentals, especially given the strong health insurance coverage of 94.7% which suggests a financially stable population.
How does the demographic makeup of Lower Burrell affect market stability? +
The demographic makeup, with a predominant White population and a significant portion of the population identifying as White Non-Hispanic, along with a median age of 47.9, suggests a stable community, and when combined with the low poverty rate of 7.7% and high health insurance coverage of 94.7%, it points towards a market with minimal volatility and a strong potential for long-term appreciation.
What role does commute time and health insurance play in assessing tenant quality? +
The average commute time of 27.2 minutes, which is relatively short, and the high health insurance coverage rate of 94.7%, indicate a population with good access to employment opportunities and a high level of financial stability, suggesting that tenants in Lower Burrell are likely to be reliable and stable, which is further reinforced by the low poverty rate of 7.7% and the diverse, yet stable, economic base in industries like finance and construction.

Lower Burrell PA Real Estate & City Facts

Key facts and real estate information about Lower Burrell PA.

What are some of the best neighborhoods to live in Lower Burrell? +
Some of the best neighborhoods to live in Lower Burrell include Kinlock, which is rated as one of the top retiree-friendly neighborhoods in Pennsylvania. Other neighborhoods like Murrysville, Oakmont, Upper Burrell, and parts of New Kensington are also considered livable.
What are some fun things to do in Lower Burrell? +
There are several fun things to do in Lower Burrell, including visiting the Tour-Ed Mine and Museum, exploring the Riverside Drive, and checking out the attractions and places to see around Lower Burrell. You can also visit the Deer Lakes Park, Tarentum Riverview Memorial Park, and Allegheny-Kiski Valley Heritage Museum.
What is the food scene like in Lower Burrell? +
The food scene in Lower Burrell is diverse, with several restaurants serving different cuisines. Some popular restaurants include Elena Restaurant & Cafe, Burrell Inn, and House of 1000 Beers. There are also plenty of great food trucks and fine dining options in Westmoreland County.
What are the pros and cons of living in Lower Burrell? +
The pros of living in Lower Burrell include its peaceful and family-friendly environment, good schools, and parks. However, some cons include the limited job opportunities and higher cost of living compared to other parts of Pennsylvania. Overall, Lower Burrell is a great place to live for those who value a quiet and safe community.
Is Lower Burrell a good place to live? +
Yes, Lower Burrell is a good place to live, especially for families and retirees. It offers a unique blend of natural beauty, historical sites, and recreational parks, making it an attractive option for those who want to escape the hustle and bustle of city life. However, it's essential to weigh the pros and cons and consider individual preferences and priorities before making a decision.
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