Snellville, GA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Snellville, Georgia Market population: 19K. 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 Snellville GA Properties: 1.5100%
⭐ 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 Snellville GA
Common questions from investors exploring commercial real estate in Snellville GA.
What is the overall investment potential of Snellville, GA, considering its demographics and economy?
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Snellville, GA, with a population of 18,707 and a median age of 42.7, presents a stable investment market, given its median household income of $57,854 and a relatively low poverty rate of 9.5%, suggesting a strong and stable tenant base. The top industries, including Information and Public Administration, contribute to a diverse economy, while the foreign-born rate of 24.1% and top ethnicities like White and Black indicate a culturally diverse community. This diversity, combined with an average commute time of 31.7 minutes and a high health insurance coverage rate of 88.9%, points to a desirable quality of life for residents.
How does the housing market in Snellville, GA, look for real estate investors?
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The housing market in Snellville, GA, is characterized by a median property value of $156,100 and median property taxes of $5,233, with a high homeownership rate of 78.4%, indicating a strong preference for owning over renting. However, the average household size of 2.76 and the presence of top industries like Finance & Insurance, and Real Estate & Rental & Leasing, suggest opportunities for rental investments, especially considering the poverty rate of 9.5% and the health insurance rate of 88.9%, which together suggest a stable and employed population.
What role does ethnic diversity and industry variety play in the demand for real estate in Snellville, GA?
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The ethnic diversity in Snellville, GA, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant community that can attract a wide range of residents and businesses. The variety in top industries, including Information, Public Administration, and Finance & Insurance, & Real Estate & Rental & Leasing, not only stabilizes the local economy but also creates a demand for different types of real estate, from residential to commercial properties, catering to the needs of a diverse workforce and population, with a median age of 42.7 and an average commute time of 31.7 minutes.
How do quality of life metrics, such as commute time and health insurance coverage, impact the stability of the real estate market in Snellville, GA?
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The average commute time of 31.7 minutes in Snellville, GA, although slightly above the national average, combined with the top commute methods being drove alone, worked at home, and carpooled, suggests a manageable and somewhat flexible commute scenario for residents. Moreover, the high health insurance coverage rate of 88.9% indicates access to healthcare, contributing to an overall good quality of life, which in turn can stabilize the real estate market by attracting and retaining residents, considering the median household income of $57,854 and the poverty rate of 9.5%.
What insights can be gleaned from the poverty rate, employment, and income inequality in Snellville, GA, for real estate investment purposes?
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The poverty rate of 9.5% in Snellville, GA, is relatively low, suggesting a stable and employed population, which is further supported by an employed population of 8,383 and a median household income of $57,854. The GINI coefficient of 0.378 indicates a moderate level of income inequality, which, when considered alongside the top industries and ethnic diversity, points to a complex but potentially resilient economic environment. This resilience, coupled with a foreign-born rate of 24.1% and an average commute time of 31.7 minutes, may offer opportunities for real estate investments that cater to a diverse and somewhat affluent community.
Snellville GA Real Estate & City Facts
Key facts and real estate information about Snellville GA.
What are some of the best neighborhoods to live in Snellville?
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Some of the best neighborhoods to live in Snellville include Snellville Oaks, Horseshoe Creek, and the Brookwood High School school cluster. These neighborhoods are known for their peaceful and family-friendly environments, with clean streets and friendly communities. Additionally, they offer easy access to good schools, shopping, and outdoor activities.
What are some fun things to do in Snellville?
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There are plenty of fun things to do in Snellville, including visiting T.W. Briscoe Park, Stone Mountain Park, and the Yellow River Game Ranch. You can also explore the city's downtown area, which features shops, dining, and events. For outdoor enthusiasts, there are several parks and trails to enjoy, such as Lenora Park and Creekwater Alpaca Farm. If you're looking for something unique, check out the New London Farm or take a stroll along the Yellow River.
What is the food scene like in Snellville?
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The food scene in Snellville is diverse and exciting, with a range of restaurants serving everything from Italian to Chinese to Mexican cuisine. Some popular spots include Provino's Italian Restaurant, Mah Jong Chinese Restaurant, and El Jinete Mexican Restaurant. You can also find great barbecue at Texas Roadhouse or try some delicious dumplings at Dumpling Master. For a sweet treat, head to Roll It Up Ice Cream or Bill Rhodes Bakery. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Snellville?
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The pros of living in Snellville include its peaceful and family-friendly neighborhoods, good schools, and easy access to outdoor activities and shopping. The city also has a strong sense of community, with plenty of events and festivals throughout the year. However, some cons include the city's relatively small size, which can limit job opportunities and entertainment options. Additionally, traffic in the area can be heavy at times, and some residents may find the city's suburban feel a bit too quiet. Overall, Snellville is a great choice for families and those looking for a relaxed, small-town atmosphere.
Is Snellville a good place to live?
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Snellville is a great place to live for those who value a peaceful, family-friendly environment with easy access to outdoor activities and shopping. The city's strong sense of community and good schools make it an attractive choice for families. While it may not be the best fit for those looking for a more urban or fast-paced lifestyle, Snellville offers a unique blend of small-town charm and suburban convenience. With its diverse food scene, plenty of parks and trails, and a range of community events, Snellville is definitely worth considering for anyone looking to relocate to the Atlanta area.
⭐ 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 Snellville GA Commercial Property: $57,854
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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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