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Darby, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Darby, Pennsylvania Market population: 11K. Explore income-producing properties with verified cap rates and operating...

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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 Darby PA Properties: 4.4100%

πŸ“Š Average Income For Darby PA Commercial Property: $34,419

Investor Questions For Darby PA

Common questions from investors exploring commercial real estate in Darby PA.

What's the overall investment potential of Darby, PA, considering its demographic and economic factors? +
Darby's 28.5% poverty rate and $34,419 median household income suggest a challenging market, but the 88.5% health insurance coverage and 34.1-minute average commute time indicate a degree of stability, while the top industries in Health Care & Social Assistance, Retail Trade, and Public Administration provide a foundation for employment and market demand.
How does the ethnic diversity and foreign-born population impact the local real estate market in Darby, PA? +
The city's diverse population, with 75.9% Black, 9.5% White, and 8.5% White Non-Hispanic, combined with a 3.4% foreign-born rate, suggests a culturally rich environment that could attract renters and buyers from various backgrounds, potentially driven by the local economy's reliance on Health Care & Social Assistance and Retail Trade.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of Darby, PA, to real estate investors? +
The 34.1-minute average commute time, with 63.2% driving alone and 21.1% using public transit, along with an 88.5% health insurance coverage rate, indicates a reasonable quality of life, which is crucial for maintaining a stable tenant base and property values, especially considering the median property value of $93,400 and median property taxes of $1,638.
How do the poverty rate, employment, and income inequality in Darby, PA, affect the real estate investment landscape? +
The 28.5% poverty rate, 6.2% unemployment rate, and a GINI coefficient of 0.482 suggest significant income inequality, which investors should consider when assessing tenant quality and potential for property appreciation, yet the employed population of 3,977 and top industries provide a basis for economic activity that can support rental yields and property values.
What role do homeownership rates, commute methods, and health insurance coverage play in evaluating the stability and potential of the Darby, PA, real estate market? +
The 46.2% homeownership rate and 53.8% renters rate, combined with a 34.1-minute average commute and 88.5% health insurance coverage, indicate a market with a significant rental population that values convenience and stability, which can be attractive for investors looking to capitalize on rental yields, especially in areas with strong public transit like Darby, PA.

Darby PA Real Estate & City Facts

Key facts and real estate information about Darby PA.

What are some of the best neighborhoods to live in Darby? +
Some of the best neighborhoods to live in Darby include the area around 1100 Main Street, which is a quiet and family-friendly neighborhood with pleasant parks. Additionally, the east parts of Upper Darby are considered desirable, while more affordable homes can be found in the northeast regions.
What are some fun things to do in Darby? +
There are plenty of fun things to do in Darby, including visiting the Tower Theatre, exploring the Darby Creek Trail, and checking out the Observatory Hill Playground. You can also visit the Masonic Temple, Philadelphia Museum of Art Steps, and the Simeone Foundation Automotive Museum, which are all nearby.
What is the food scene like in Darby? +
The food scene in Darby is diverse and offers a range of options, including standout barbecue, pho, Armenian specialties, Lebanese lamb burgers, and food court bulgogi. Some popular restaurants in the area include Pocha Street, Mandu Roo, Little Saigon, and SA Cafe, which serves Afro-Caribbean cuisine and American dishes.
What are the pros and cons of living in Darby? +
The pros of living in Darby include its family-friendly atmosphere, affordable homes, and diverse food scene. However, some areas of Darby have a higher crime rate and poverty rate, which can be a concern for some residents. Additionally, the city has a mix of positive and negative reviews from residents, with some praising its welcoming community and others criticizing its lack of amenities.
Is Darby a good place to live? +
Whether or not Darby is a good place to live depends on your individual preferences and priorities. If you're looking for a family-friendly suburb with a diverse food scene and affordable homes, Darby may be a good fit. However, if you're concerned about crime rates or prefer a more urban atmosphere, you may want to consider other options. Overall, Darby has its pros and cons, but it can be a great place to live for those who value its unique character and community.
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