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Edgewood, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Edgewood, Pennsylvania Market population: 27K. 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 Edgewood MD Properties: 1.0500%

πŸ“Š Average Income For Edgewood MD Commercial Property: $63,419

Investor Questions For Edgewood MD

Common questions from investors exploring commercial real estate in Edgewood MD.

What makes Edgewood, MD an attractive market for real estate investment? +
The combination of a relatively low poverty rate of 10.9%, high health insurance coverage of 95.1%, and a strong median household income of $63,419 suggests a stable and attractive market for real estate investment, with a diverse population of White, Black, and White Non-Hispanic residents.
How does the local economy impact the real estate market in Edgewood, MD? +
The top industries in Edgewood, including Public Administration, Construction, and Professional Services, contribute to a stable employment market, with 13,419 employed residents, which in turn supports a high homeownership rate of 69.1% and a median property value of $223,400.
What are the key factors to consider when evaluating the quality of life for renters in Edgewood, MD? +
The average commute time of 31.4 minutes, with 83.2% of residents driving alone, and a high health insurance coverage rate of 95.1% indicate a good quality of life for renters, while the median rent of $1,444 and median property taxes of $4,293 provide insight into the cost of living and potential returns on investment.
How does the demographic diversity of Edgewood, MD impact the demand for real estate? +
The diverse population of Edgewood, with top ethnicities including White, Black, and White Non-Hispanic, and a foreign-born rate of 7.42%, suggests a strong demand for real estate, particularly in the rental market, with a median age of 32.4 and a high school graduation rate of 90.2% contributing to a stable and attractive community.
What are the implications of the GINI coefficient and poverty rate on the real estate market in Edgewood, MD? +
The GINI coefficient of 0.401 and poverty rate of 10.9% indicate a relatively equal distribution of income and a low level of poverty, which combined with the high health insurance coverage rate of 95.1% and strong median household income of $63,419, suggest a stable and attractive market for real estate investment, with potential for long-term appreciation and rental yields.

Edgewood MD Real Estate & City Facts

Key facts and real estate information about Edgewood MD.

What are some of the best neighborhoods to live in Edgewood? +
Some of the best neighborhoods to live in Edgewood include Edgewood Meadows, Flying Point Park neighborhood, and Willoughby Beach Rd neighborhood. These areas are known for being peaceful, family-friendly, and having a strong sense of community. Additionally, neighborhoods like Woodbridge Center and Willoughby Woods are considered nice due to their quiet streets and well-kept homes.
What are some fun things to do in Edgewood? +
There are plenty of fun things to do in Edgewood, including visiting Flying Point Park, which offers pavilions, a boat launch, picnic areas, playground, horseshoe pits, and a volleyball court. You can also check out Willoughby Beach, Melvin G Bosely Wildlife Conservancy, and the Maryland Sports Arena. If you're looking for something more unique, you can try the Copperplex or take a walk around the neighborhood.
What is the food scene like in Edgewood? +
The food scene in Edgewood is diverse and offers a range of options. You can find great restaurants like Island Spice Grille & Lounge, Venetian Italian Eatery, and The Island At Flying Point. There are also plenty of great food trucks and local eateries, such as Edge Crab House and Edgewood Creamery. Whether you're in the mood for Italian, Jamaican, or seafood, Edgewood has something for everyone.
What are the pros and cons of living in Edgewood? +
The pros of living in Edgewood include its peaceful and family-friendly neighborhoods, convenient location, and access to outdoor activities like parks and beaches. However, some cons include the limited number of things to do in the area, and the need to travel to nearby cities for more entertainment options. Additionally, some areas of Edgewood may have higher crime rates, so it's essential to research and choose a safe neighborhood.
Is Edgewood a good place to live? +
Edgewood can be a great place to live, depending on your personal preferences and priorities. If you're looking for a peaceful and family-friendly community with access to outdoor activities, Edgewood may be an excellent choice. However, if you're looking for a more vibrant city life with plenty of entertainment options, you may want to consider other areas. Overall, Edgewood offers a unique blend of small-town charm and convenient location, making it a great option for those who value community and tranquility.
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