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Hollymead, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hollymead, Virginia Market population: 8K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

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

📊 Avg Property Tax Rate For Hollymead VA Properties: 0.8940%

📊 Average Income For Hollymead VA Commercial Property: $80,025

Investor Questions For Hollymead VA

Common questions from investors exploring commercial real estate in Hollymead VA.

What is the overall investment potential of Hollymead, VA? +
The combination of a relatively low poverty rate of 5.1%, high health insurance coverage of 93.9%, and a strong median household income of $80,025 suggests a stable and attractive market for real estate investment, with a diverse economy driven by top industries like Information and Public Administration.
How does the commute time and transportation infrastructure impact the rental market in Hollymead, VA? +
The average commute time of 21.2 minutes, coupled with a high rate of residents who drive alone or work from home, indicates a convenient and flexible transportation infrastructure, which can attract renters and support a strong rental market, especially given the area's high homeownership rate of 72.7% and median property value of $317,600.
What role does ethnic diversity play in shaping the demand for real estate in Hollymead, VA? +
The ethnic diversity of Hollymead, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant and inclusive community, which can drive demand for real estate from a diverse range of buyers and renters, supported by a strong employed population of 4,152 and a relatively low income inequality as indicated by a GINI coefficient of 0.346.
How do the poverty rate and health insurance coverage impact the quality of tenants in Hollymead, VA? +
The low poverty rate of 5.1% combined with high health insurance coverage of 93.9% suggests a working-class market with employment stability and access to healthcare, which can lead to more reliable and responsible tenants, making it an attractive option for rental property investors, especially considering the top industries and median household income.
What are the implications of the median property value and taxes for real estate investors in Hollymead, VA? +
The median property value of $317,600 and median property taxes of $2,058 indicate a relatively stable and valuable housing market, which can provide a good balance between property appreciation and rental yield, especially when considering the area's strong economy, diverse industries, and high health insurance coverage rate, making it a promising location for real estate investment.

Hollymead VA Real Estate & City Facts

Key facts and real estate information about Hollymead VA.

What are some of the best neighborhoods to live in Hollymead? +
Some of the best neighborhoods to live in Hollymead include Greenbriar, Forest Lakes, and Raintree. These neighborhoods offer a range of amenities, including good schools, community parks, and easy access to local attractions.
What are some fun things to do in Hollymead? +
There are plenty of fun things to do in Hollymead, including visiting the Ivy Creek Natural Area, exploring the Grand Caverns, and checking out the local restaurants and shops on Route 29. You can also visit the nearby University of Virginia and enjoy the beautiful scenery and outdoor activities in the area.
What is the food scene like in Hollymead? +
The food scene in Hollymead is diverse and exciting, with a range of restaurants serving everything from French cuisine to Italian and American comfort food. Some popular spots include Café Frank, Orzo Kitchen & Wine Bar, and Endzone Pizza. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Hollymead? +
The pros of living in Hollymead include its beautiful natural scenery, range of outdoor activities, and easy access to local attractions. However, some cons include the potential for traffic and congestion on Route 29, and the need for a car to get around. Overall, Hollymead is a great place to live for those who want a mix of natural beauty and small-town charm.
Is Hollymead a good place to live? +
Yes, Hollymead is a good place to live, offering a unique blend of natural beauty, outdoor activities, and small-town charm. With its range of amenities, including good schools, community parks, and local restaurants, Hollymead is a great choice for families, young professionals, and anyone looking for a relaxed and scenic place to call home.
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