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Jessup, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Jessup, Pennsylvania Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Jessup MD Properties: 0.9300%

πŸ“Š Average Income For Jessup MD Commercial Property: $47,004

Investor Questions For Jessup MD

Common questions from investors exploring commercial real estate in Jessup MD.

What's the overall investment potential of Jessup, MD? +
The combination of a relatively low poverty rate of 5.6%, high health insurance coverage of 91.3%, and a strong median household income of $47,004 suggests a stable market with reliable tenants. Additionally, the top industries in Public Administration and Professional Services indicate a diverse economy, while the 22-minute average commute time and prevalent drive-alone commute method reflect a convenient location for workers.
How does the local economy impact real estate investment in Jessup, MD? +
The presence of top industries like Public Administration, Professional Services, and Wholesale Trade, along with a median household income of $47,004 and an employed population of 780, points to a robust local economy. This, coupled with the city's ethnic diversity - with White, White Non-Hispanic, and Black populations - and a foreign-born rate of 14.5%, suggests a demand for housing from a varied and potentially stable tenant base.
What are the key factors to consider for rental property investment in Jessup, MD? +
When evaluating rental properties, consider the city's low poverty rate of 5.6%, high health insurance coverage of 91.3%, and the average commute time of 22 minutes, which together indicate a reliable and employed tenant base. Furthermore, the median property value of $277,400 and median property taxes of $406 provide insight into the potential costs and returns on investment.
How does the quality of life in Jessup, MD affect its attractiveness to investors? +
The quality of life in Jessup, MD, characterized by an average commute time of 22 minutes, a high health insurance rate of 91.3%, and a relatively low poverty rate of 5.6%, makes it an attractive location for both residents and investors. The prevalence of drive-alone commutes and work-from-home arrangements also suggests flexibility and convenience, which can enhance the desirability of the area and support stable property values.
What role does demographic diversity play in the investment potential of Jessup, MD? +
The demographic diversity of Jessup, MD, with its mix of White, White Non-Hispanic, and Black populations, and a foreign-born rate of 14.5%, contributes to a vibrant and potentially resilient housing market. This diversity, combined with the city's economic indicators such as a median household income of $47,004 and a strong employment base in industries like Public Administration, suggests a market with broad appeal and a lower risk of economic downturns affecting housing demand.

Jessup MD Real Estate & City Facts

Key facts and real estate information about Jessup MD.

What are some of the best neighborhoods to live in Jessup? +
Some of the best neighborhoods to live in Jessup include Lincoln Ave, which is ranked as the #1 best neighborhood to live in Jessup, Maryland, according to Nextdoor. Other neighborhoods like South Baltimore and Federal Hill are also popular, with a mix of residential, industrial, and commercial areas, giving them a diverse feel. Additionally, neighborhoods like Silver Spring, MD, are also worth considering, with a fun downtown area, metro into DC, and lots of access to delicious restaurants.
What are some fun things to do in Jessup? +
There are several fun things to do in Jessup, including visiting the Guinness Open Gate Brewery & Barrel House, which is a top tourist attraction in the area. You can also check out the Autobahn Indoor Speedway & Events, which offers a massive 70,000 sq ft air-conditioned facility with Grand Prix-style racing. Other attractions like the National Cryptologic Museum, Monster Mini Golf, and the Dutch Country Farmers Market are also worth visiting.
What is the food scene like in Jessup? +
The food scene in Jessup is diverse, with a range of restaurants serving different cuisines. Some top-rated restaurants in the area include ZiZa Kabob, Wings Sports Bar, and Cazabe Restaurant. You can also find a variety of seafood options, like Wild Seafood, and bakeries like Bon Fresco Sandwich Bakery. Additionally, there are several bars and restaurants in the area, like Spurrier's Restaurant and Bar at Holiday Inn Columbia East-Jessup, that offer a range of dining options.
What are the pros and cons of living in Jessup? +
The pros of living in Jessup include its diverse neighborhoods, with a mix of residential, industrial, and commercial areas, and its proximity to several shopping centers. The city also has a range of attractions and activities, including the Guinness Open Gate Brewery & Barrel House and the Autobahn Indoor Speedway & Events. However, some cons of living in Jessup include its relatively high poverty rate and crime rate, with a violent crime rate of 0.55 per 1,000 residents and a property crime rate of 1,514.1 per 100,000 residents. Additionally, the city's commute time can be relatively long, with an average commute time of 22.0 minutes.
Is Jessup a good place to live? +
Overall, Jessup can be a good place to live, with its diverse neighborhoods, range of attractions and activities, and proximity to several shopping centers. However, it's worth considering the city's relatively high poverty rate and crime rate, as well as its commute time. Ultimately, whether Jessup is a good place to live depends on your individual priorities and preferences. If you're looking for a city with a diverse range of neighborhoods and activities, and are willing to tolerate some challenges, then Jessup might be a good fit for you.
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