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Emporia, VA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Emporia, Virginia Market population: 25K. 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 Emporia KS Properties: 1.5100%

πŸ“Š Average Income For Emporia KS Commercial Property: $36,235

Investor Questions For Emporia KS

Common questions from investors exploring commercial real estate in Emporia KS.

What is the overall investment potential of Emporia, KS, considering its demographic and economic factors? +
The city's median household income of $36,235, combined with a poverty rate of 21.6% and a health insurance coverage of 86.8%, suggests a working-class market with some employment stability. The top industries, including Transportation & Warehousing and Finance & Insurance, indicate a diverse economy, while the average commute time of 14.9 minutes and high health insurance coverage rate contribute to a relatively stable quality of life.
How does the ethnic diversity and foreign-born population impact the real estate market in Emporia, KS? +
The city's top ethnicities, including White, White Non-Hispanic, and Hispanic, contribute to a diverse population, while the foreign-born rate of 4.6% is relatively low. This diversity, combined with a median property value of $90,300 and a homeownership rate of 50.0%, may attract investors looking for a stable and culturally rich market.
What are the key factors to consider when evaluating the rental market in Emporia, KS? +
The poverty rate of 21.6%, combined with a health insurance coverage rate of 86.8% and an average commute time of 14.9 minutes, suggests a rental market with some stability. The top commute methods, including Drove Alone and Carpooled, indicate a need for convenient and accessible housing, while the median property taxes of $4,993 and median property value of $90,300 should be considered when evaluating rental yields.
How does the income inequality and unemployment rate impact the real estate investment potential in Emporia, KS? +
The GINI coefficient of 0.436 and unemployment rate of 4.8% suggest some income inequality and job market instability, which may impact the real estate market. However, the median household income of $36,235 and employed population of 12,766 contribute to a relatively stable economy, while the top industries, including Transportation & Warehousing and Finance & Insurance, may attract investors looking for a diverse market.
What are the quality of life factors to consider when investing in real estate in Emporia, KS? +
The average commute time of 14.9 minutes, health insurance coverage rate of 86.8%, and high school graduation rate of 88.2% contribute to a relatively high quality of life in Emporia, KS. The top commute methods, including Drove Alone and Carpooled, indicate a need for convenient and accessible housing, while the median property value of $90,300 and median property taxes of $4,993 should be considered when evaluating the overall investment potential.

Emporia KS Real Estate & City Facts

Key facts and real estate information about Emporia KS.

What are some of the best neighborhoods to live in Emporia? +
Some of the best neighborhoods to live in Emporia include Mount Vernon, which is a peaceful and family-friendly neighborhood with a strong sense of community, and Downtown Emporia, which features Victorian-style homes with large porches and decorative woodwork. Other neighborhoods like West Ridge and The Timbers offer ranch-style homes with more space.
What are some fun things to do in Emporia? +
Emporia has a variety of fun things to do, including visiting the David Traylor Zoo, exploring the Historic Downtown Emporia, and checking out the Emporia Arts Center. You can also visit the William Allen White House, go to the Veterans Memorial Park, or attend the Emporia First Friday Art Walk. Additionally, the city has several parks and outdoor spaces, such as the splash pad, where you can relax and enjoy the scenery.
What is the food scene like in Emporia? +
The food scene in Emporia is diverse and offers a range of options, from classic American cuisine to barbecue and Mexican food. Some popular restaurants include Radius Brewing Company, Bobby D's, and Wagon Wheel Steakhouse. You can also grab a bite at local eateries like Vault Meats & Cheeses, The Daily Station, or The Sweet Granada. There are also plenty of great food trucks and cafes to explore, such as the Ramen shop.
What are the pros and cons of living in Emporia? +
Living in Emporia has its pros and cons. On the plus side, the city has a strong sense of community, with many family-friendly neighborhoods and outdoor spaces. The cost of living is also relatively low, and there are plenty of job opportunities in manufacturing and education. However, some downsides include a limited number of entertainment options and a relatively small population, which can make it feel isolated at times. Additionally, the city's economy is not as diverse as some other places, which can make it vulnerable to economic downturns.
Is Emporia a good place to live? +
Overall, Emporia is a good place to live for those who value a strong sense of community, outdoor spaces, and a low cost of living. While it may not have all the amenities of a larger city, it has a unique charm and a lot to offer, from its historic downtown to its vibrant arts scene. As with any place, there are pros and cons to consider, but for many people, the benefits of living in Emporia outweigh the drawbacks.
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