Selah, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Selah, Washington Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Selah WA Properties: 0.8300%
⭐ 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 Selah WA
Common questions from investors exploring commercial real estate in Selah WA.
What's the overall investment potential of Selah, WA, considering its demographics and economy?
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With a median household income of $48,600 and a relatively low poverty rate of 11.2%, Selah, WA, presents a stable market. The city's diverse population, including a significant Hispanic population of 10.8%, and a foreign-born rate of 14.1%, contributes to its cultural richness and potential for rental demand, especially given the top industries in Public Administration and Construction.
How does the commute time and health insurance coverage impact the quality of life for renters in Selah, WA?
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The average commute time of 18.7 minutes in Selah, WA, combined with a high health insurance coverage rate of 91.5%, suggests a high quality of life for renters. This, along with the prevalence of driving alone and carpooling as commute methods, indicates good infrastructure and a healthy, stable workforce.
What are the implications of Selah's ethnic diversity and top industries for real estate investors?
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The ethnic diversity in Selah, WA, with top ethnicities including White, White Non-Hispanic, and Hispanic populations, can attract a broad range of renters. Additionally, the presence of top industries like Public Administration, Construction, and Professional Services suggests a strong, diversified economy that can support rental demand and potentially influence property appreciation.
How do poverty rates and health insurance coverage interact to affect tenant quality in Selah, WA?
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The 11.2% poverty rate in Selah, WA, when considered alongside the 91.5% health insurance coverage, indicates a market with a notable portion of the population in stable employment, suggesting reliable tenants. This balance is crucial for investors looking for a mix of affordability and tenant reliability.
What role do median property values and property taxes play in the investment decision for Selah, WA?
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With a median property value of $187,200 and median property taxes of $1,554, Selah, WA, offers a relatively affordable entry point for investors. Considering the city's homeownership rate of 55.4% and the employed population of 3,273, there's a potential for both rental income and property appreciation, making it an attractive option for those looking to balance immediate income with long-term growth.
Selah WA Real Estate & City Facts
Key facts and real estate information about Selah WA.
What are some of the best neighborhoods to live in Selah?
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Some of the best neighborhoods to live in Selah include Pleasant, which is known for its peaceful and quiet environment, and other areas that offer a mix of small-town daily rhythms and fast access to Yakima's jobs, shopping, and healthcare. You can find more information about the best neighborhoods in Selah on websites like Nextdoor, Best Neighborhood, and AreaVibes.
What are some fun things to do in Selah?
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There are plenty of fun things to do in Selah, including outdoor recreation like hiking and biking trails, a connection to the Yakima Greenway, and the Yakima River Canyon Scenic Byway. You can also visit the Selah-Naches Valley, attend a sporting event, or take a wine tour. Check out websites like TripAdvisor, Yelp, and Expedia for more ideas and reviews.
What is the food scene like in Selah?
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The food scene in Selah offers a variety of options, including restaurants like King's Row, Chinese Gourmet Garden, and My Little Restaurant. You can also find food trucks and cafes in the area. Check out websites like Yelp, TripAdvisor, and OpenTable for reviews and menus.
What are the pros and cons of living in Selah?
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The pros of living in Selah include its small-town daily rhythms, fast access to Yakima's jobs, shopping, and healthcare, and outdoor recreation opportunities. However, some cons include the potential for limited job opportunities and a more right-leaning political climate. It's essential to weigh these factors and consider what's best for your lifestyle and preferences.
Is Selah a good place to live?
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Selah can be a good place to live for those who value small-town daily rhythms, outdoor recreation, and a strong sense of community. While it may have its limitations, Selah offers a unique blend of natural beauty, local amenities, and access to nearby Yakima. Ultimately, whether Selah is a good place to live depends on your individual priorities and preferences.
⭐ 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 Selah WA Commercial Property: $48,600
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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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