CRE Admin

Berryville, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Berryville, Virginia Market population: 5K. Compare commercial properties across all major asset classes with...

Advertisement
Cap Rate: Any NOI: Medium Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Nevada.
1 properties found
REI Capital advisor
Investor Pitch Deck

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

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Berryville AR Properties: 0.6400%

πŸ“Š Average Income For Berryville AR Commercial Property: $30,460

Investor Questions For Berryville AR

Common questions from investors exploring commercial real estate in Berryville AR.

What's the overall investment potential of Berryville, AR, considering its demographics and economy? +
Berryville's relatively high poverty rate of 18.7% is somewhat mitigated by its strong health insurance coverage of 86.2%, indicating a degree of employment stability, and its diverse economy with top industries in services, transportation, and manufacturing, which could support a stable rental market, especially given the short average commute time of 9.9 minutes.
How does the ethnic diversity and foreign-born rate impact the local real estate market in Berryville? +
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, combined with a relatively low foreign-born rate of 4.8%, suggests a potentially stable and integrated community, which could contribute to a more predictable housing market, especially considering the high homeownership rate of 66.2% and the median property value of $99,900.
What are the implications of Berryville's income inequality and poverty rate for real estate investors? +
The poverty rate of 18.7% and a GINI coefficient of 0.42 indicate some level of income inequality, but the median household income of $30,460 and the high health insurance coverage rate of 86.2% suggest that there is a working population with some financial stability, which could be attractive for investors looking for rental properties, given the average commute time of 9.9 minutes and the prevalence of driving alone or carpooling as commute methods.
How do the top industries in Berryville influence the demand for housing and rentals? +
The presence of industries like other services, transportation, warehousing, utilities, and manufacturing likely contributes to a steady demand for housing, as these sectors can provide a stable source of employment, which in turn can support rental yields, especially in a city with a relatively short commute time and a high rate of health insurance coverage, indicating a level of employment security and stability.
What role does the city's commute time and health insurance rate play in assessing its real estate investment potential? +
The short average commute time of 9.9 minutes and the high health insurance coverage rate of 86.2% are positive indicators of the city's quality of life and employment stability, suggesting that Berryville could offer a favorable environment for real estate investment, as these factors can contribute to a stable and reliable tenant base, particularly when combined with the city's diverse economy and relatively high homeownership rate.

Berryville AR Real Estate & City Facts

Key facts and real estate information about Berryville AR.

What are some of the best neighborhoods to live in Berryville? +
Some of the best neighborhoods to live in Berryville include Inner Town, which is a quaint and peaceful neighborhood with a dog-friendly environment and family-friendly atmosphere. Other neighborhoods to consider are those near the city center, which offer easy access to local amenities and attractions.
What are some fun things to do in Berryville? +
Berryville has a variety of fun things to do, including visiting the Cosmic Cavern, a beautiful natural attraction, and the Saunders Museum, which showcases the city's history and heritage. You can also explore the Memory Lane Museum, which takes you back in time with items from the 1940s through the 1960s, or visit Snake World for a unique experience.
What is the food scene like in Berryville? +
The food scene in Berryville is diverse and offers a range of options, including Italian cuisine at Vito's Italian Restaurant, Greek food at Santorini Grill, and steakhouse options like Grotto Wood Fired Grill & Wine Cave. There are also plenty of great food trucks and local eateries to try, offering everything from classic American fare to international flavors.
What are the pros and cons of living in Berryville? +
The pros of living in Berryville include its small-town charm, friendly community, and easy access to outdoor activities and natural attractions. However, some cons to consider are the limited job opportunities and lower median household income compared to larger cities. Additionally, the city's remote location may make it difficult to access certain amenities or services.
Is Berryville a good place to live? +
Berryville can be a great place to live for those who value a close-knit community, outdoor recreation, and a relaxed pace of life. While it may not offer the same level of economic opportunity or cultural diversity as larger cities, it provides a unique and charming quality of life that makes it an attractive option for many people. Ultimately, whether Berryville is a good place to live depends on your individual priorities and preferences.
Advertisement