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Centreville, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Centreville, Virginia Market population: 73K. Compare commercial properties across all major asset classes with...

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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

πŸ“Š Avg Property Tax Rate For Centreville VA Properties: 1.1600%

πŸ“Š Average Income For Centreville VA Commercial Property: $103,446

Investor Questions For Centreville VA

Common questions from investors exploring commercial real estate in Centreville VA.

What makes Centreville, VA an attractive market for real estate investment? +
The combination of a high median household income of $103,446, a relatively low poverty rate of 6.0%, and a strong health insurance rate of 94.8% suggests a stable and secure market for investors, with a diverse population of White, White Non-Hispanic, and Asian residents, and top industries in Information, Finance, and Public Administration.
How does the commute time and transportation infrastructure impact the quality of life for renters in Centreville, VA? +
The average commute time of 35.2 minutes, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively manageable commute, and when combined with a high health insurance rate of 94.8% and a low poverty rate of 6.0%, suggests a high quality of life for renters, making it an attractive market for investors.
What role does ethnic diversity play in shaping the demand for real estate in Centreville, VA? +
The diverse population of Centreville, with top ethnicities including White, White Non-Hispanic, and Asian, and a foreign-born rate of 34.6%, suggests a strong demand for real estate, driven by a mix of established and immigrant communities, and when combined with top industries in Information, Finance, and Public Administration, indicates a robust and stable market for investors.
How do the median property value and property taxes in Centreville, VA impact the potential return on investment for real estate investors? +
The median property value of $369,200 and median property taxes of $17,948 in Centreville, VA, combined with a high median household income of $103,446 and a low poverty rate of 6.0%, suggest a strong potential for appreciation and rental income, making it an attractive market for investors seeking a balance of stability and growth.
What are the implications of the high homeownership rate and employed population in Centreville, VA for real estate investors? +
The high homeownership rate of 71.6% and employed population of 41,128 in Centreville, VA, combined with a low poverty rate of 6.0% and a high health insurance rate of 94.8%, suggest a stable and secure market for investors, with a strong potential for long-term appreciation and rental income, driven by a mix of established homeowners and a diverse, employed population.

Centreville VA Real Estate & City Facts

Key facts and real estate information about Centreville VA.

What are some of the best neighborhoods to live in Centreville? +
Some of the best neighborhoods to live in Centreville include Country Club Estates, Centre Ridge, Oak Hill Estates, and Sully Station. These neighborhoods offer a range of housing options, from luxury homes to more affordable choices, and are known for their community amenities and convenient locations.
What are some fun things to do in Centreville? +
There are plenty of fun things to do in Centreville, including visiting Cox Farms, Bull Run Regional Park, and The Winery at Bull Run. You can also explore the city's shopping and dining scene, or check out some of the local attractions like Atlantis Waterpark and Foamhenge.
What is the food scene like in Centreville? +
The food scene in Centreville is diverse and vibrant, with a range of restaurants serving everything from Italian and Mexican cuisine to BBQ and seafood. Some popular spots include Ciao Osteria, Sweetwater Tavern, and Don Luis Restaurant. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Centreville? +
The pros of living in Centreville include its convenient location, good schools, and range of community amenities. However, some cons include the city's high cost of living, traffic, and crowded streets. Additionally, some residents have noted that the city can feel a bit suburban and lacking in cultural attractions.
Is Centreville a good place to live? +
Overall, Centreville is a great place to live for those who value convenience, community, and a range of amenities. While it may not be the best fit for everyone, particularly those looking for a more urban or culturally vibrant environment, it offers a unique blend of small-town charm and big-city accessibility. With its good schools, safe neighborhoods, and plenty of things to do, Centreville is definitely worth considering for anyone looking to move to the area.
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