Vienna, WV Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Vienna, West Virginia Market population: 16K. Compare commercial properties across all major asset classes...
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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 Vienna VA Properties: 1.1400%
⭐ 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 Vienna VA
Common questions from investors exploring commercial real estate in Vienna VA.
What makes Vienna, VA an attractive market for real estate investment?
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The combination of a high median household income of $126,991, a relatively low poverty rate of 3.8%, and a strong health insurance coverage rate of 94.4% suggests a stable and secure market for investors. Additionally, the top industries in Vienna, including Information and Professional, Scientific, & Management Services, indicate a diverse and thriving economy. The city's ethnic diversity, with a significant presence of White, White Non-Hispanic, and Asian populations, also contributes to its attractiveness as an investment destination.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in Vienna, VA?
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The average commute time of 29.5 minutes in Vienna, VA is relatively low, and the top commute methods, including driving alone, working from home, and carpooling, indicate a flexible and convenient transportation infrastructure. This, combined with the high health insurance coverage rate of 94.4% and low poverty rate of 3.8%, suggests a high quality of life for residents, making it an attractive market for investors. The diversity of commute methods also reflects the city's adaptability to different lifestyles and work arrangements.
What role does the foreign-born population play in shaping the real estate market in Vienna, VA?
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The foreign-born rate of 24.1% in Vienna, VA contributes to the city's cultural and economic diversity, which can drive demand for housing and commercial properties. The top countries of origin, including India, China, and Korea, also indicate a strong presence of international businesses and professionals, which can support the local economy and attract new investments. Furthermore, the combination of a high median household income of $126,991 and a relatively low poverty rate of 3.8% suggests that the foreign-born population is integrated into the local economy and contributes to its stability.
How does the median property value and property taxes impact the investment potential of Vienna, VA?
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The median property value of $602,100 in Vienna, VA is relatively high, but the median property taxes of $4,122 are still manageable for investors. Considering the high median household income of $126,991 and the strong health insurance coverage rate of 94.4%, the property taxes are a reasonable expense for the benefits of living and investing in Vienna. Additionally, the top industries in the city, including Information and Professional, Scientific, & Management Services, suggest a strong and diverse economy that can support long-term property appreciation.
What are the implications of the high homeownership rate and low renters rate for real estate investors in Vienna, VA?
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The high homeownership rate of 82.4% and low renters rate of 17.6% in Vienna, VA suggest a stable and secure market for investors, with a strong demand for owner-occupied properties. However, the relatively low renters rate may also indicate a competitive rental market, with potentially lower yields for investors. Considering the high median household income of $126,991, the low poverty rate of 3.8%, and the strong health insurance coverage rate of 94.4%, investors may need to balance the potential for long-term property appreciation with the current rental market conditions to maximize their returns.
Vienna VA Real Estate & City Facts
Key facts and real estate information about Vienna VA.
What are some of the best neighborhoods to live in Vienna?
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Some of the best neighborhoods to live in Vienna, VA, include Stonewall Manor, Four Corners, Old Courthouse, Tysons Green, Oakton, and Vienna Woods. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in Vienna?
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There are plenty of fun things to do in Vienna, VA, including visiting Wolf Trap, Meadowlark Botanical Gardens, Nova Wild, Northern Virginia Model Railroaders, Freeman Store and Museum, and Historic Site and Properties. You can also explore the town's many parks and trails, or attend one of the many community events and festivals throughout the year.
What is the food scene like in Vienna?
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The food scene in Vienna, VA, is diverse and vibrant, with a wide range of restaurants serving everything from fine dining to casual eats. Some popular restaurants include Evelyn Rose, Clarity, My Home Thai Falls Church, Circa at The Boro, Chef Tan, The Maple Room, Cafe Renaissance, and The Virginian Restaurant. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Vienna?
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The pros of living in Vienna, VA, include its excellent schools, safe and welcoming community, and convenient location near Washington, D.C. However, some cons include the high cost of living, traffic and congestion, and limited nightlife and entertainment options. Overall, Vienna is a great place to live for families and professionals who value a suburban lifestyle and easy access to the city.
Is Vienna a good place to live?
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Yes, Vienna, VA, is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, safe and welcoming community, and convenient location, Vienna is an ideal choice for families and professionals who want to experience the best of both worlds. While it may have some drawbacks, such as high costs and traffic, the benefits of living in Vienna far outweigh the drawbacks, making it a wonderful 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 Vienna VA Commercial Property: $126,991
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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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