Airway Heights, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Airway Heights, Washington Market population: 6K. 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 Airway Heights WA Properties: 0.7700%
⭐ 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 Airway Heights WA
Common questions from investors exploring commercial real estate in Airway Heights WA.
What's the overall investment potential of Airway Heights, WA, considering its demographics and economy?
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With a median household income of $37,517 and a poverty rate of 20.6%, Airway Heights presents a mixed bag for investors. However, the city's 91.9% health insurance coverage and relatively low average commute time of 19.7 minutes suggest a stable workforce, which could be attractive for rental investments, especially given the top industries in Educational Services, & Health Care & Social Assistance.
How does the ethnic diversity and foreign-born population impact the local real estate market in Airway Heights?
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The city's ethnic diversity, with top ethnicities including White (40.1%), White Non-Hispanic (38.3%), and Hispanic (4.7%), combined with a foreign-born rate of 4.3%, may contribute to a vibrant community. This diversity, along with top industries like Wholesale Trade and Public Administration, could support a demand for housing, potentially benefiting investors looking to capitalize on rental properties or development opportunities.
What are the implications of the poverty rate and health insurance coverage for tenant quality and stability in Airway Heights?
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The 20.6% poverty rate in Airway Heights, when considered alongside the 91.9% health insurance coverage, suggests that while there are challenges, there is also a significant portion of the population with access to healthcare, indicating potential for a stable tenant base. This balance could be crucial for investors assessing risk and potential returns on rental properties.
How do commute times and methods affect the attractiveness of Airway Heights for real estate investment?
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With an average commute time of 19.7 minutes and top commute methods including driving alone, carpooling, and working from home, Airway Heights offers a relatively convenient and flexible lifestyle for its residents. This, combined with the city's median property value of $139,400 and median property taxes of $644, makes it an interesting prospect for investors looking for a balance between affordability and quality of life for tenants or homeowners.
What role do the top industries in Airway Heights play in determining the demand for housing and potential for real estate investment?
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The presence of top industries such as Educational Services, & Health Care & Social Assistance, Wholesale Trade, and Public Administration in Airway Heights indicates a diversified economy that can support a steady demand for housing. This diversification, coupled with a GINI coefficient of 0.424 suggesting moderate income inequality, and a homeownership rate of 39.4%, presents opportunities for investors to tap into both rental and ownership markets, catering to the needs of a varied workforce.
Airway Heights WA Real Estate & City Facts
Key facts and real estate information about Airway Heights WA.
What are some of the best neighborhoods to live in Airway Heights?
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Some of the best neighborhoods to live in Airway Heights include the central parts of the city, while more affordable homes are in the southeast regions. According to online reviews, neighborhoods like Indian Trail, Moran Prarie area, Mead, Colbert, and Deer Park are popular choices. However, it's essential to research and visit each area to determine which one best fits your needs and preferences.
What are some fun things to do in Airway Heights?
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Airway Heights offers a variety of activities and attractions, including the Northern Quest Casino, Spokane Tribe Resort & Casino, Spokane County Raceway, Traditions Park, and Pend Oreille. You can also explore the nearby Riverfront Park, which features a carousel, SkyRide, and other entertainment options. For outdoor enthusiasts, there are several parks and trails in the area, such as Mica Moon Zip Tours and Rusty Moose.
What is the food scene like in Airway Heights?
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The food scene in Airway Heights is diverse and offers a range of options, from Asian cuisine to American comfort food. Some popular restaurants include Sala Thai Restaurant, House of Seoul, Epic, Fusion Korean Restaurant, and Billie's Diner. There are also plenty of great food trucks and casual eateries, such as Wolffy's and Ginger Teriyaki & Thai. For a unique dining experience, try Italia Trattoria or Sorella.
What are the pros and cons of living in Airway Heights?
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The pros of living in Airway Heights include its affordable housing options, convenient location, and access to outdoor recreation. However, some cons include the city's limited job opportunities, higher crime rates, and limited public transportation options. Additionally, some residents have reported concerns about the city's growth and development, as well as the need for more community amenities and services.
Is Airway Heights a good place to live?
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Whether Airway Heights is a good place to live depends on your individual preferences and priorities. If you're looking for an affordable place to live with easy access to outdoor recreation and a growing community, Airway Heights might be a good fit. However, if you're concerned about job opportunities, public transportation, or a more urban lifestyle, you might want to consider other options. It's essential to weigh the pros and cons and visit the area to get a sense of whether Airway Heights is the right place for you.
⭐ 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 Airway Heights WA Commercial Property: $37,517
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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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