Glen Burnie, MD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Glen Burnie, Maryland Market population: 66K. Explore income-producing properties with verified cap rates and...
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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 Glen Burnie MD Properties: 0.8600%
⭐ 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 Glen Burnie MD
Common questions from investors exploring commercial real estate in Glen Burnie MD.
What is the overall investment potential of Glen Burnie, MD?
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Glen Burnie, MD offers a stable investment market with a median household income of $59,792, a relatively low poverty rate of 8.8%, and a high health insurance coverage rate of 91.7%, indicating a strong and healthy workforce. The top industries, including Public Administration, Information, and Manufacturing, provide a diverse economic base, while the median property value of $247,400 and median property taxes of $15,992 offer a balanced housing market. With a foreign-born rate of 8.3% and top ethnicities including White, White Non-Hispanic, and Black, the area also exhibits cultural diversity.
How does the commute time and transportation infrastructure impact the rental market in Glen Burnie, MD?
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The average commute time of 26.6 minutes in Glen Burnie, MD, combined with top commute methods such as Drove Alone, Worked At Home, and Carpooled, suggests a convenient and flexible transportation infrastructure. This, along with a high health insurance coverage rate of 91.7% and a low poverty rate of 8.8%, indicates a stable and attractive rental market for working professionals and families. The area's diverse top industries, including Public Administration and Information, also contribute to a strong demand for rentals.
What are the key factors to consider when evaluating the quality of life for tenants in Glen Burnie, MD?
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When assessing the quality of life for tenants in Glen Burnie, MD, consider the high health insurance coverage rate of 91.7%, which suggests access to quality healthcare, and the relatively low poverty rate of 8.8%, indicating a stable and secure environment. Additionally, the area's median household income of $59,792, top industries such as Public Administration and Manufacturing, and cultural diversity with top ethnicities including White, White Non-Hispanic, and Black, all contribute to a desirable quality of life for tenants. The average commute time of 26.6 minutes and top commute methods also impact the overall quality of life.
How does the ethnic diversity and industry mix in Glen Burnie, MD impact the local real estate market?
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The ethnic diversity in Glen Burnie, MD, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant and inclusive community, which can attract a wide range of tenants and buyers. The area's industry mix, featuring Public Administration, Information, and Manufacturing, provides a stable economic base and diverse job opportunities, driving demand for housing. With a median property value of $247,400 and median property taxes of $15,992, the local real estate market offers a balance of affordability and investment potential. The foreign-born rate of 8.3% also suggests a dynamic and growing population.
What are the implications of the GINI coefficient and poverty rate on the tenant quality and property values in Glen Burnie, MD?
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The GINI coefficient of 0.401 in Glen Burnie, MD, indicates a moderate level of income inequality, while the poverty rate of 8.8% is relatively low. These factors, combined with the high health insurance coverage rate of 91.7% and median household income of $59,792, suggest a stable and secure tenant base. The median property value of $247,400 and median property taxes of $15,992 also imply a balanced housing market. As a result, investors can expect relatively stable property values and a low risk of tenant default, making Glen Burnie, MD an attractive location for real estate investment.
Glen Burnie MD Real Estate & City Facts
Key facts and real estate information about Glen Burnie MD.
What are some popular things to do in Glen Burnie, MD?
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Some popular things to do in Glen Burnie, MD include visiting the Glen Burnie Town Center, exploring the nearby Patapsco Valley State Park, and enjoying the local restaurants and shops.
What is the food scene like in Glen Burnie, MD?
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The food scene in Glen Burnie, MD is diverse and offers a range of options, including seafood, Italian, and Mexican cuisine. Some popular restaurants include The Crab Deck, Bella Italia, and El Patio.
Are there any good schools in Glen Burnie, MD?
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Yes, Glen Burnie, MD has several good schools, including Glen Burnie High School, Old Mill High School, and Corkran Middle School.
What is the commute like from Glen Burnie, MD to nearby cities?
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The commute from Glen Burnie, MD to nearby cities such as Baltimore and Annapolis is relatively convenient, with several major highways and public transportation options available.
Are there any community events or festivals in Glen Burnie, MD?
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Yes, Glen Burnie, MD hosts several community events and festivals throughout the year, including the Glen Burnie Summer Concert Series, the Glen Burnie Christmas Tree Lighting, and the Anne Arundel County Fair.
⭐ 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 Glen Burnie MD Commercial Property: $59,792
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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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