Camano, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Camano, Washington Market population: 15K. Explore income-producing properties with verified cap rates and operating...
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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 Camano WA Properties: 0.6800%
⭐ 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 Camano WA
Common questions from investors exploring commercial real estate in Camano WA.
What is the overall investment potential of Camano, WA?
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Camano, WA presents a stable investment market, considering its median household income of $65,601, relatively low poverty rate of 5.7%, and high health insurance coverage of 94.5%, indicating a reliable tenant base with employment stability. The top industries, including Finance & Insurance and Public Administration, also contribute to market demand. With a median property value of $317,600 and a high homeownership rate of 88.2%, the area shows promise for real estate investment.
How does the demographic diversity of Camano, WA impact real estate investment?
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The demographic diversity of Camano, WA, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a relatively homogeneous community, which can contribute to a stable and predictable rental market. The foreign-born rate of 2.4% is relatively low, indicating a strong local workforce. Combined with the average commute time of 41 minutes and top commute methods including driving alone and working from home, investors can expect a reliable and consistent tenant base.
What are the key factors influencing rental yields in Camano, WA?
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Rental yields in Camano, WA are influenced by factors such as the median gross rent of $1,244, the rent burden of 28.1%, and the median property value of $317,600. Additionally, the high health insurance coverage of 94.5% and low poverty rate of 5.7% suggest a stable and employed population, which can lead to consistent rental income. The top industries, including Finance & Insurance and Public Administration, also play a role in shaping rental demand and yields.
How does the quality of life in Camano, WA impact market stability?
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The quality of life in Camano, WA, characterized by an average commute time of 41 minutes, a high health insurance coverage rate of 94.5%, and a low uninsured rate of 5.5%, contributes to a stable and attractive market for real estate investment. The top commute methods, including driving alone and working from home, also indicate a flexible and adaptable workforce. With a median age of 50.7 and a high homeownership rate of 88.2%, the area exhibits a strong sense of community and stability.
What role do economic indicators play in assessing the investment potential of Camano, WA?
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Economic indicators such as the median household income of $65,601, the employed population of 6,193, and the GINI coefficient of 0.378 provide valuable insights into the investment potential of Camano, WA. The top industries, including Finance & Insurance and Public Administration, also suggest a diverse and resilient economy. When combined with the poverty rate of 5.7% and the health insurance coverage rate of 94.5%, these indicators paint a picture of a stable and growing market with opportunities for real estate investment.
Camano WA Real Estate & City Facts
Key facts and real estate information about Camano WA.
What are some of the best neighborhoods to live in Camano?
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Some of the best neighborhoods to live in Camano include Camano Sunrise, which is known for its beautiful views and clean surroundings. Other neighborhoods like Copper Station and those near Freedom Park are also popular. However, it's worth noting that Camano is a relatively conservative area and may be further from big box stores and other amenities compared to other places like Gig Harbor.
What are some fun things to do in Camano?
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There are plenty of fun things to do in Camano, including visiting the Camano Island State Park, Iverson Spit Waterfront Preserve, and exploring the island's many natural beauty spots. You can also check out the Camano Commons Marketplace Bakery, visit the 'Welcome to Camano Island' directory sign at Freedom Park, or take a tour of the island's many attractions.
What is the food scene like in Camano?
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The food scene in Camano is vibrant and diverse, with a range of restaurants serving everything from American cuisine to Mexican and Japanese food. Some popular spots include Cama Beach Cafe, Blue Heron Kitchen and Bar, Tapped Camano, and The Baked Cafe. There are also plenty of great food trucks and bakeries to try.
What are the pros and cons of living in Camano?
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The pros of living in Camano include its natural beauty, peaceful atmosphere, and strong sense of community. However, some cons include the island's relatively conservative vibe, which may not be suitable for everyone, and its distance from bigger cities and amenities. Additionally, the cost of living in Camano can be higher than in other areas, especially when it comes to housing.
Is Camano a good place to live?
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Whether or not Camano is a good place to live depends on your individual preferences and priorities. If you value a peaceful, natural environment and a strong sense of community, Camano may be an excellent choice. However, if you're looking for a more urban or diverse environment, you may want to consider other options. Ultimately, it's worth weighing the pros and cons and visiting the island in person to get a sense of whether it's the right fit 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 Camano WA Commercial Property: $65,601
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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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