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Bon Air, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bon Air, Virginia Market population: 16K. Explore income-producing properties with verified cap rates and...

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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
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📊 Avg Property Tax Rate For Bon Air VA Properties: 89.0000%

📊 Average Income For Bon Air VA Commercial Property: $67,859

Investor Questions For Bon Air VA

Common questions from investors exploring commercial real estate in Bon Air VA.

What's the overall investment potential of Bon Air, VA? +
Bon Air, VA offers a stable investment market with a median household income of $67,859, a relatively low poverty rate of 6.0%, and a high health insurance coverage rate of 91.8%, indicating a reliable tenant base. The top industries, including Transportation & Warehousing and Finance & Insurance, also contribute to the area's economic stability. With a median property value of $217,900 and a homeownership rate of 71.5%, Bon Air presents a promising opportunity for real estate investors.
How does the local economy impact rental demand? +
The diverse economy of Bon Air, VA, with top industries like Transportation & Warehousing, Information, and Finance & Insurance, creates a strong demand for rentals. The employed population of 8,407 and a median household income of $67,859 also suggest a stable tenant base. Additionally, the area's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community with a range of housing needs.
What's the quality of life like for residents and tenants? +
Bon Air, VA offers a high quality of life, with an average commute time of just 22.1 minutes and a range of commute options, including driving alone, working from home, and carpooling. The high health insurance coverage rate of 91.8% also indicates access to good healthcare, making the area attractive to residents and tenants. With a median age of 42.9 and a relatively low poverty rate, Bon Air presents a stable and desirable environment for investment.
How does the area's demographics impact property values? +
The demographics of Bon Air, VA, including a median age of 42.9 and a top ethnicity of White (42.8%), suggest a stable and established community. The median property value of $217,900 and median property taxes of $5,002 indicate a relatively affordable housing market. With a GINI coefficient of 0.369, indicating moderate income inequality, and a foreign born rate that is not applicable, the area's demographics contribute to a stable property market with opportunities for long-term appreciation.
What are the key factors to consider for real estate investment in Bon Air, VA? +
When considering real estate investment in Bon Air, VA, key factors include the area's strong economy, with a range of top industries, and a stable tenant base, with a median household income of $67,859 and a high health insurance coverage rate. The area's quality of life, with a short average commute time and access to good healthcare, also contributes to its attractiveness. Additionally, the median property value, homeownership rate, and property taxes should be carefully evaluated to ensure a solid return on investment.

Bon Air VA Real Estate & City Facts

Key facts and real estate information about Bon Air VA.

What are some of the best neighborhoods to live in Bon Air? +
Some of the best neighborhoods to live in Bon Air include areas with charming Victorian homes, community pools, and clubhouses. Neighborhoods like Buford Road and Stony Point are popular for their bikeability and convenience for young families. However, it's worth noting that the quality of neighborhoods can vary greatly, and some areas may have higher crime rates or less desirable housing options.
What are some fun things to do in Bon Air? +
There are plenty of fun things to do in Bon Air, including visiting the local park with a covered picnic shelter, getting a massage at Unique Foot Relaxing, or attending events and classes at the local spa. You can also explore the surrounding areas, such as Richmond, which offers a variety of attractions, tours, and activities. Additionally, there are several restaurants and bars in the area that offer a range of cuisines and entertainment options.
What is the food scene like in Bon Air? +
The food scene in Bon Air is eclectic and inviting, with a range of restaurants serving different cuisines. Some popular options include First Watch, Frank's Pizzeria, and Eggs Up Grill. You can also find Chinese restaurants like Cathay Gourmet, and family-owned eateries like Joe's Inn Bon Air. There are also plenty of great food trucks and new restaurants in the area, so you're sure to find something that suits your taste.
What are the pros and cons of living in Bon Air? +
The pros of living in Bon Air include its convenient location, charming neighborhoods, and range of amenities. However, some areas may have higher crime rates or less desirable housing options, which can be a con. Additionally, the quality of schools can vary, and some residents may find the commute to nearby cities like Richmond to be a challenge. Overall, it's essential to weigh the pros and cons and consider your individual needs and priorities when deciding whether to live in Bon Air.
Is Bon Air a good place to live? +
Bon Air can be a great place to live, depending on your individual needs and preferences. The area offers a range of amenities, including parks, restaurants, and community events, and its convenient location makes it an attractive option for families and commuters. However, as with any area, there are also some challenges to consider, such as varying crime rates and housing options. Ultimately, whether Bon Air is a good place to live will depend on your personal priorities and what you're looking for in a community.
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Investment Opportunities by City

Abbs Valley - High Cap Rate Abbs Valley - High NOI Abbs Valley - Premium Properties Abbs Valley - Affordable Deals Abingdon - High Cap Rate Abingdon - High NOI Abingdon - Premium Properties Abingdon - Affordable Deals Accomac - High Cap Rate Accomac - High NOI Accomac - Premium Properties Accomac - Affordable Deals Adwolf - High Cap Rate Adwolf - High NOI Adwolf - Premium Properties Adwolf - Affordable Deals Afton - High Cap Rate Afton - High NOI Afton - Premium Properties Afton - Affordable Deals Alberta - High Cap Rate Alberta - High NOI Alberta - Premium Properties Alberta - Affordable Deals

Property Types by City

Multifamily - Abbs Valley, VA Apartment Building - Abbs Valley, VA Multifamily (Condo) - Abbs Valley, VA Multifamily - Abingdon, VA Apartment Building - Abingdon, VA Multifamily (Condo) - Abingdon, VA Multifamily - Accomac, VA Apartment Building - Accomac, VA Multifamily (Condo) - Accomac, VA Multifamily - Adwolf, VA Apartment Building - Adwolf, VA Multifamily (Condo) - Adwolf, VA Multifamily - Afton, VA Apartment Building - Afton, VA Multifamily (Condo) - Afton, VA

Bon Air, VA Investment Filters

High Cap Rate - Bon Air, VA

Top yielding investment properties with strong returns in Bon Air, VA

Medium Cap Rate - Bon Air, VA

Balanced investment opportunities with moderate returns in Bon Air, VA

Low Cap Rate - Bon Air, VA

Stable properties with appreciation potential in Bon Air, VA

High NOI - Bon Air, VA

Properties with strong net operating income in Bon Air, VA

Medium NOI - Bon Air, VA

Solid performing properties with steady income in Bon Air, VA

Premium Properties - Bon Air, VA

High-value commercial real estate over $1M in Bon Air, VA

Affordable Deals - Bon Air, VA

Entry-level investment opportunities under $500K in Bon Air, VA

Mid-Range Properties - Bon Air, VA

Properties priced between $500K and $1M in Bon Air, VA

High Yield Deals - Bon Air, VA

Best performing properties with high cap rate and NOI in Bon Air, VA

Best Value Investments - Bon Air, VA

Affordable properties with high cap rates in Bon Air, VA