Big Spring, MD High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Big Spring, Maryland Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Big Spring TX Properties: 4.3450%
⭐ 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 Big Spring TX
Common questions from investors exploring commercial real estate in Big Spring TX.
What is the overall investment potential of Big Spring, TX, considering its demographics and economy?
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Big Spring, TX, with a population of 27,470 and a median age of 36.0, presents a diverse market with top ethnicities including White, White Non-Hispanic, and Hispanic, suggesting a culturally rich environment. The median household income of $43,383, combined with an 18.0% poverty rate and 81.9% health insurance coverage, indicates a working-class market with employment stability. The city's top industries, such as Finance & Insurance and Wholesale Trade, contribute to its economic growth.
How does the housing market in Big Spring, TX, look for real estate investors, given its property values and taxes?
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The housing market in Big Spring, TX, is characterized by a median property value of $63,500 and median property taxes of $4,824, making it an affordable option for investors. With a homeownership rate of 61.1%, there is a notable demand for housing, potentially driven by the employed population of 9,468 and the city's relatively low poverty rate of 18.0%. The average commute time of 15.3 minutes also suggests convenient access to workplaces, enhancing the quality of life for residents.
What role does ethnic diversity play in the market demand for real estate in Big Spring, TX?
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The ethnic diversity in Big Spring, TX, with top ethnicities being White (39.8%), White Non-Hispanic (24.5%), and Hispanic (22.9%), contributes to a vibrant and inclusive community. This diversity, coupled with the city's top industries such as Finance & Insurance and Wholesale Trade, can drive market demand for real estate, as a diverse workforce often seeks housing in areas with a strong sense of community and cultural amenities. The health insurance rate of 81.9% further indicates a stable and secure population, attractive to investors.
How do quality-of-life metrics, such as commute times and health insurance coverage, impact the stability of the real estate market in Big Spring, TX?
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The average commute time of 15.3 minutes in Big Spring, TX, is significantly lower than many other cities, indicating well-planned infrastructure and convenient access to workplaces, which can enhance the quality of life for residents and contribute to market stability. Additionally, the high health insurance coverage rate of 81.9% suggests a population with access to healthcare, potentially leading to a more stable and secure community, which is beneficial for real estate investors looking for long-term investments.
What insights can be gleaned from the combination of poverty rate, health insurance coverage, and top industries for assessing tenant quality and market demand in Big Spring, TX?
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The combination of an 18.0% poverty rate and 81.9% health insurance coverage in Big Spring, TX, suggests a working-class market with a degree of employment stability and access to healthcare. The top industries, including Finance & Insurance and Wholesale Trade, contribute to a diverse economy, which can attract a wide range of tenants. This diversity, along with the relatively low poverty rate and high health insurance coverage, indicates a potentially strong market demand for real estate, as tenants are likely to be employed and have a stable income, making them reliable renters.
Big Spring TX Real Estate & City Facts
Key facts and real estate information about Big Spring TX.
What are some of the best neighborhoods to live in Big Spring?
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Some of the best neighborhoods to live in Big Spring, TX, include the east parts of the city, which tend to be more desirable, while more affordable homes can be found in the west regions. According to AreaVibes, the best places to live in Big Spring include several neighborhoods with low crime rates and good schools.
What are some fun things to do in Big Spring?
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Big Spring has a variety of attractions and activities to enjoy, including the Hangar 25 Air Museum, Heritage Museum, Big Spring State Park, and the Big Spring Family Aquatic Center and Water Park. You can also visit Downtown Big Spring for shopping and dining options, or explore the nearby Comanche Trail Park and Moss Creek Lake.
What is the food scene like in Big Spring?
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The food scene in Big Spring, TX, offers a range of options, including restaurants like Settles Grill, Big John's Feed Lot, Spanish Inn Restaurant, and Devour. There are also plenty of great food trucks and local eateries to try, serving everything from barbecue to Tex-Mex and Cajun cuisine.
What are the pros and cons of living in Big Spring?
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Living in Big Spring, TX, has its pros and cons. On the plus side, the city has a low cost of living, safe neighborhoods, and plenty of outdoor recreational opportunities. However, some residents may find the city to be small and limited in terms of job opportunities and cultural activities. Overall, Big Spring can be a great place to live for those who value a relaxed, small-town lifestyle.
Is Big Spring a good place to live?
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Whether Big Spring is a good place to live depends on your individual preferences and priorities. If you're looking for a affordable, safe, and relaxed place to live with plenty of outdoor activities, Big Spring might be a great fit. However, if you're seeking a more urban or culturally diverse environment, you might want to consider other options. Ultimately, Big Spring can be a wonderful place to call home for those who appreciate its unique charm and small-town atmosphere.
⭐ 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 Big Spring TX Commercial Property: $43,383
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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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