Harrah, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Harrah, Washington Market population: 5K. Compare commercial properties across all major asset classes with...
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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 Harrah OK Properties: 0.8700%
⭐ 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 Harrah OK
Common questions from investors exploring commercial real estate in Harrah OK.
What's the overall investment outlook for Harrah, OK, considering its demographics and economy?
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With a median household income of $54,079 and a relatively low poverty rate of 11.2%, Harrah, OK, presents a stable investment market, further supported by its diverse top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, which cater to a broad range of employment opportunities. The city's foreign-born rate of 2.3% and top ethnicities, such as White and White Non-Hispanic, indicate a culturally diverse but not overly transient population. This stability, combined with a high health insurance coverage rate of 90%, suggests a reliable tenant base.
How does the commute time and health insurance coverage impact the quality of life for renters in Harrah, OK?
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The average commute time of 31.1 minutes in Harrah, OK, is relatively manageable, and when coupled with a high health insurance coverage rate of 90%, it indicates a good quality of life for renters, suggesting they have stable employment and access to healthcare, which are crucial factors for consistent rent payments. Additionally, the top commute methods, such as driving alone or carpooling, show a preference for personal transportation, which could influence the demand for properties with ample parking or proximity to major roads.
What role does ethnic diversity and industry variety play in the demand for real estate in Harrah, OK?
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The ethnic diversity in Harrah, OK, with top ethnicities including White, White Non-Hispanic, and Two Or More, contributes to a vibrant community that can attract a wide range of residents and businesses, potentially increasing demand for real estate. The variety in top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, not only provides a broad base for employment but also suggests a resilient local economy that can weather economic downturns, making it an attractive location for real estate investment.
How do the poverty rate and health insurance coverage in Harrah, OK, affect the assessment of tenant quality?
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The poverty rate of 11.2% in Harrah, OK, combined with a high health insurance coverage rate of 90%, suggests a working-class market with a degree of employment stability, as those with health insurance are more likely to have steady income. This balance indicates that while there may be some economic challenges, the overall tenant base is likely to be reliable, with the potential for long-term rentals and consistent income for investors.
What insights can be gleaned from the median property value, property taxes, and homeownership rate in Harrah, OK, for real estate investment?
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The median property value of $134,800 and median property taxes of $1,344 in Harrah, OK, suggest a relatively affordable housing market with manageable tax burdens for property owners. Coupled with a high homeownership rate of 71.5%, this indicates a strong preference for owning over renting, which could influence investment strategies, potentially favoring rental properties that offer unique amenities or benefits not readily available in the owner-occupied market, thus attracting the 28.5% of the population that rents.
Harrah OK Real Estate & City Facts
Key facts and real estate information about Harrah OK.
What are some of the best neighborhoods to live in Harrah?
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Harrah has several nice neighborhoods to live in, but I couldn't find specific information on the best ones. It's always a good idea to visit the area and talk to locals to get a better feel for the community.
What are some fun things to do in Harrah?
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There are plenty of fun things to do in Harrah, such as visiting Wind Drift Orchards, attending the Harrah Day car show and hot dog eating contest, and exploring the surrounding farms and orchards. You can also check out the Oklahoma History Center, Automobile Alley, and Factory Obscura for some unique attractions.
What is the food scene like in Harrah?
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The food scene in Harrah is diverse, with a range of restaurants serving everything from classic burgers to Mexican and Italian cuisine. Some popular spots include Hynson's Classic Burgers, Arroyos Mexican Restaurant, and Cafe 721. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Harrah?
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The pros of living in Harrah include its small-town charm, friendly community, and easy access to outdoor activities like farming and orchard visits. However, some cons might include the limited job opportunities and entertainment options compared to larger cities. Overall, Harrah is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Harrah a good place to live?
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Harrah can be a great place to live for the right person. It offers a unique blend of small-town charm and access to outdoor activities, making it an ideal choice for those who value community and a relaxed lifestyle. However, it may not be the best fit for everyone, especially those looking for a more fast-paced urban environment or a wider range of job opportunities.
⭐ 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 Harrah OK Commercial Property: $54,079
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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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