Redmond, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Redmond, Washington Market population: 56K. Compare commercial properties across all major asset classes with...
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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 Redmond WA Properties: 79.0000%
⭐ 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 Redmond WA
Common questions from investors exploring commercial real estate in Redmond WA.
What makes Redmond, WA an attractive market for real estate investment?
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The combination of a high median household income of $96,183, a relatively low poverty rate of 6.1%, and a strong health insurance coverage rate of 95.4% suggests a stable and secure market for investors, with a diverse population of White, White Non-Hispanic, and Asian residents.
How does the commute time and transportation infrastructure impact the quality of life for renters in Redmond?
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The average commute time of 21.1 minutes, with 71.1% of residents driving alone and 13.4% working from home, indicates a convenient and flexible transportation infrastructure, which, combined with a high health insurance coverage rate of 95.4%, suggests a high quality of life for renters and a stable rental market.
What role do top industries play in driving demand for housing in Redmond?
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The presence of top industries such as Information, Wholesale Trade, and Professional, Scientific, and Management Services, which employ a significant portion of the population, including the 29,738 employed individuals, contributes to a strong demand for housing, particularly with a foreign-born rate of 29.4% and a median age of 34.8, indicating a diverse and growing population.
How does the ethnic diversity of Redmond impact the local real estate market?
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The ethnic diversity of Redmond, with a mix of White, White Non-Hispanic, and Asian populations, contributes to a vibrant and dynamic community, which, combined with a relatively low poverty rate of 6.1% and a high median household income of $96,183, suggests a stable and secure market for investors, with a wide range of housing options and a strong demand for rental properties.
What are the implications of the homeownership rate and median property value for real estate investors in Redmond?
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The homeownership rate of 48.9% and median property value of $453,900, combined with a median property tax of $12,171 and an average rent of $2,334, suggest a relatively balanced market with opportunities for both rental income and long-term appreciation, particularly with a GINI coefficient of 0.414, indicating a moderate level of income inequality, and a high health insurance coverage rate of 95.4%, indicating a stable and secure population.
Redmond WA Real Estate & City Facts
Key facts and real estate information about Redmond WA.
What is the average commute time in Redmond, WA?
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The average commute time in Redmond, WA is 21.1 minutes.
What is the median household income in Redmond, WA?
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The median household income in Redmond, WA is $96,183.
⭐ 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 Redmond WA Commercial Property: $96,183
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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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