Cheverly, MD High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cheverly, Maryland Market population: 6K. Compare commercial properties across all major asset classes with...
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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 Cheverly MD Properties: 1.4700%
⭐ 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 Cheverly MD
Common questions from investors exploring commercial real estate in Cheverly MD.
What is the overall investment potential of Cheverly, MD?
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Cheverly, MD offers a stable investment market with a median household income of $95,274, a relatively low poverty rate of 6.4%, and a high health insurance coverage rate of 92.0%, indicating a strong and secure tenant base. The top industries, including Public Administration and Information, also suggest a diverse economy. With a median property value of $294,500 and a homeownership rate of 72.1%, the housing market appears robust.
How does the demographic diversity of Cheverly, MD impact investment?
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The demographic diversity of Cheverly, MD, with top ethnicities including Black (35.7%), White (24.5%), and White Non-Hispanic (21.8%), combined with a foreign-born rate of 17.6%, suggests a culturally rich and potentially resilient market. This diversity, paired with a median age of 41.3 and an average commute time of 31.9 minutes, may attract a wide range of renters and buyers, contributing to market stability.
What are the key factors influencing rental yields in Cheverly, MD?
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Rental yields in Cheverly, MD are likely influenced by the median property value of $294,500, median property taxes of $1,813, and the employed population of 3,439, which indicates a strong workforce. The poverty rate of 6.4% and health insurance coverage rate of 92.0% also suggest that tenants may have stable income, potentially leading to reliable rental income for investors.
How does the quality of life in Cheverly, MD affect market demand?
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The quality of life in Cheverly, MD, characterized by an average commute time of 31.9 minutes and a high health insurance coverage rate of 92.0%, suggests a desirable place to live. The top commute methods, including driving alone, public transit, and working from home, indicate flexibility and convenience, which can attract residents and support market demand. Additionally, the top industries, such as Public Administration and Information, may draw professionals to the area.
What role does income inequality play in the Cheverly, MD investment landscape?
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The GINI coefficient of 0.397 in Cheverly, MD indicates a moderate level of income inequality. When considered alongside the median household income of $95,274 and the poverty rate of 6.4%, this suggests that while there is some income disparity, the overall economic conditions are relatively favorable. Investors should be aware of this dynamic, as it may impact the affordability and attractiveness of properties to potential buyers or renters, particularly in a market with a high homeownership rate of 72.1%.
Cheverly MD Real Estate & City Facts
Key facts and real estate information about Cheverly MD.
What are some of the best neighborhoods to live in Cheverly?
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Cheverly has several great neighborhoods to live in, but I couldn't find specific information on the best ones. You may want to research further or visit the area to get a feel for the different neighborhoods.
What are some fun things to do in Cheverly?
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Cheverly has a variety of attractions and activities to enjoy. You can visit the Cheverly Community Center, explore the local parks, or check out the nearby restaurants and shops. Some popular spots include Station 202 Restaurant & Bar, The Strand DC, and 2Fifty Texas BBQ.
What is the food scene like in Cheverly?
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The food scene in Cheverly is diverse and delicious. You can find everything from traditional American cuisine to international flavors. Some popular restaurants include Cordelia's, MARCUS DC, Ledo Pizza Cheverly, and Akira Ramen & Izakaya. There are also plenty of great food trucks and cafes to grab a quick bite.
What are the pros and cons of living in Cheverly?
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Living in Cheverly has its pros and cons. On the plus side, the city has a strong sense of community, with many family-friendly events and activities. The schools are also highly rated, and the area is relatively safe. However, some residents may find the city to be a bit quiet or limited in terms of nightlife and entertainment options. Additionally, traffic and parking can be a challenge in certain areas.
Is Cheverly a good place to live?
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Overall, Cheverly is a great place to live for those who value a close-knit community, good schools, and a relatively low cost of living. While it may not have all the amenities of a larger city, it has a unique charm and character that makes it an attractive option for families and individuals alike. As with any city, it's essential to weigh the pros and cons and consider your individual priorities and needs before making a decision.
⭐ 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 Cheverly MD Commercial Property: $95,274
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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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