Halfway, MD High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Halfway, Maryland Market population: 10K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Halfway MD Properties: 1.0600%
⭐ 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 Halfway MD
Common questions from investors exploring commercial real estate in Halfway MD.
What's the overall investment potential of Halfway, MD?
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Halfway, MD offers a stable investment market with a median household income of $55,658, relatively low poverty rate of 8.4%, and high health insurance coverage of 95.8%, indicating a strong and secure tenant base. The top industries, including Public Administration and Construction, also contribute to a diverse economy. With a median property value of $171,700 and average commute time of 23.2 minutes, this area presents a promising opportunity for real estate investors.
How does the local economy impact rental demand?
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The diverse economy of Halfway, MD, with top industries like Public Administration, Construction, and Finance & Insurance, creates a steady demand for rentals. The employed population of 5,387 and median household income of $55,658 also suggest a stable tenant base. Additionally, the relatively low poverty rate of 8.4% and high health insurance coverage of 95.8% indicate a working-class market with employment stability, making it an attractive location for rental investments.
What's the quality of life like for residents in Halfway, MD?
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Residents in Halfway, MD enjoy a relatively short average commute time of 23.2 minutes, with many opting to drive alone, carpool, or work from home. The high health insurance coverage rate of 95.8% also contributes to a sense of security and well-being. With a median age of 40.2 and top ethnicities including White and White Non-Hispanic, the area offers a diverse and stable community, making it an appealing location for families and individuals alike.
How does the local housing market impact investment decisions?
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The housing market in Halfway, MD is characterized by a median property value of $171,700 and a homeownership rate of 72.0%, indicating a strong demand for housing. The median property taxes of $3,011 are relatively manageable, and the low poverty rate of 8.4% suggests a stable and secure environment for investments. With a diverse economy and relatively high health insurance coverage, investors can expect a steady stream of potential tenants and a strong potential for long-term appreciation.
What are the key factors to consider when evaluating investment opportunities in Halfway, MD?
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When evaluating investment opportunities in Halfway, MD, key factors to consider include the median household income of $55,658, poverty rate of 8.4%, and health insurance coverage of 95.8%, which together indicate a stable and secure tenant base. The top industries, including Public Administration and Construction, also contribute to a diverse economy, while the median property value of $171,700 and average commute time of 23.2 minutes provide insight into the local housing market and quality of life. Additionally, the area's ethnic diversity, with top ethnicities including White and White Non-Hispanic, suggests a welcoming and inclusive community.
Halfway MD Real Estate & City Facts
Key facts and real estate information about Halfway MD.
What are some of the best neighborhoods to live in Halfway?
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Some of the best neighborhoods to live in Halfway, MD, include the suburbs of Hagerstown, such as Smithsburg, Leitersburg, and Boonsboro. These areas offer a quiet suburban feel with easy access to Hagerstown and its amenities. Additionally, neighborhoods like Halfway itself have a mix of older and newer homes, with some having a more rural feel while others are closer to the city.
What are some fun things to do in Halfway?
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There are plenty of fun things to do in Halfway, MD. You can visit the Hagers X Games, Tilt Studio, or the Warehouse Cinemas Leitersburg for some entertainment. If you're looking for outdoor activities, you can check out the Whitetail Resort, Hagerstown City Park, or the Antietam Creek Water Trail. There are also plenty of historical sites and museums to explore, such as the Museum & Historical Sites Guide in Hagerstown.
What is the food scene like in Halfway?
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The food scene in Halfway, MD, is diverse and offers a range of options. You can find restaurants like Bj's Restaurant & Brewhouse, Bistro 11, and Red Lobster, as well as local favorites like Rik's Cafe, Hub City Diner, and J's Diner. There are also plenty of great food trucks and casual eateries to grab a bite to eat. If you're looking for a unique dining experience, you can try the Irish Inn at Glen Echo or one of the many other restaurants in the area.
What are the pros and cons of living in Halfway?
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The pros of living in Halfway, MD, include its quiet suburban feel, easy access to Hagerstown and its amenities, and a range of outdoor activities to enjoy. However, some cons include the potential for traffic and congestion, especially during rush hour, and the limited number of job opportunities in the area. Additionally, some residents may find the area to be a bit too rural or secluded for their taste. Overall, Halfway is a great option for those looking for a peaceful and affordable place to live with access to nearby cities and amenities.
Is Halfway a good place to live?
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Halfway, MD, can be a great place to live for those who value a quiet suburban feel and easy access to outdoor activities and amenities. While it may not be the best fit for everyone, particularly those looking for a more urban or fast-paced lifestyle, it offers a unique blend of peace and convenience. With its affordable housing options, range of restaurants and entertainment venues, and proximity to Hagerstown and other nearby cities, Halfway is definitely worth considering for those looking to relocate to the area.
⭐ 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 Halfway MD Commercial Property: $55,658
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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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