Westchase, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Westchase, Florida Market population: 22K. Compare commercial properties across all major asset classes with...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Westchase FL Properties: 1.9044%

📊 Average Income For Westchase FL Commercial Property: $90,668

Investor Questions For Westchase FL

Common questions from investors exploring commercial real estate in Westchase FL.

What makes Westchase, FL a stable investment market? +

The combination of a relatively low poverty rate of 6.0% and a high health insurance coverage rate of 93.0% suggests a stable and employed population, while the top industries in Manufacturing, Information, and Wholesale Trade provide a strong economic foundation, and the median household income of $90,668 indicates a high level of disposable income, making Westchase a stable investment market.

How does the demographic diversity of Westchase impact the rental market? +

The diversity of Westchase, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a foreign born rate of 14.1%, suggests a culturally rich and dynamic community, and with a median age of 37.5 and an average commute time of 29.4 minutes, the rental market is likely to be strong, especially considering the high employment rate of 11269 and low unemployment rate of 3.2%.

What are the key factors that influence property values in Westchase? +

The median property value of $275,100 in Westchase is influenced by factors such as the high median household income of $90,668, the relatively low poverty rate of 6.0%, and the strong employment market with top industries in Manufacturing, Information, and Wholesale Trade, as well as the high homeownership rate of 62.0% and the relatively low average commute time of 29.4 minutes, which all contribute to a desirable and stable living environment.

How does the quality of life in Westchase impact its attractiveness to investors? +

The quality of life in Westchase, with an average commute time of 29.4 minutes and a high health insurance coverage rate of 93.0%, suggests a high level of livability and access to employment opportunities, and with a strong economy and diverse population, Westchase is an attractive location for investors, especially considering the low poverty rate of 6.0% and the high median household income of $90,668, which indicate a stable and growing community.

What are the implications of the income inequality and poverty rate on the rental market in Westchase? +

The GINI coefficient of 0.423 and the poverty rate of 6.0% in Westchase suggest a relatively equitable distribution of income and a low level of poverty, which, combined with the high health insurance coverage rate of 93.0% and the strong employment market, indicate a stable and reliable rental market, with a low risk of tenant default and a high potential for long-term rental income, making Westchase an attractive location for real estate investors.

Westchase FL Real Estate & City Facts

Key facts and real estate information about Westchase FL.

What are some of the best neighborhoods to live in Westchase? +

Some of the best neighborhoods to live in Westchase include the Westchase Community, which encompasses over 2000 acres and has nearly 30 neighborhoods, each with its own flavor and amenities. Parks, community swimming pools, tennis courts, and more can be found in these neighborhoods. The most desired areas tend to be in the west parts of the city, while more affordable homes are in the northeast regions.

What are some fun things to do in Westchase? +

There are plenty of fun things to do in Westchase, such as visiting the Hummingbird Gardens, playing miniature golf at Mr. Putters, or exploring the Westchase Sunday Morning Market. You can also check out the nearby Ybor City Food Tours, Horse Power for Kids & Animal Sanctuary, or take a brew bus tour. Additionally, the Westchase Golf Course is a great place to spend the day.

What is the food scene like in Westchase? +

The food scene in Westchase is diverse and exciting, with plenty of great restaurants to choose from. Some popular spots include Copper, The Yard, Rice & Spice, and Bread and Vine. You can also find delicious Italian food at Memo Modern Italian, or try some fresh seafood at Surf Shack Coastal Kitchen. 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 Westchase? +

Living in Westchase has its pros and cons. On the plus side, the community is master-planned and deed-restricted, with plenty of amenities like parks, swimming pools, and tennis courts. The area is also close to the airport, Westshore Business District, and the beaches. However, some areas of Westchase may be prone to flooding, and the community has a high disaster risk score. Additionally, traffic and commute times can be a challenge in certain parts of the city.

Is Westchase a good place to live? +

Overall, Westchase is a great place to live, with a unique blend of urban and close-knit feel. The community is well-planned, with plenty of amenities and activities to enjoy. While there may be some challenges to consider, such as flooding and traffic, the pros of living in Westchase far outweigh the cons. With its beautiful parks, delicious restaurants, and convenient location, Westchase is a great choice for anyone looking to live in the Tampa area.

Westchase, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Westchase FL Properties: 1.9044%

📊 Average Income For Westchase FL Commercial Property: $90,668

Investor Questions For Westchase FL

Westchase FL Real Estate & City Facts

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