Joppatowne, MD High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Joppatowne, Maryland Market population: 13K. 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 Joppatowne MD Properties: 0.9600%
⭐ 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 Joppatowne MD
Common questions from investors exploring commercial real estate in Joppatowne MD.
What's the overall investment potential of Joppatowne, MD, considering its demographics and economy?
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Joppatowne, MD, with a median household income of $72,336 and a relatively low poverty rate of 8.2%, presents a stable investment market. The top industries, including Public Administration, Construction, and Wholesale Trade, along with a high health insurance coverage rate of 95.6%, suggest a strong and stable workforce, which is beneficial for rental income stability.
How does the ethnic diversity and commute time impact the demand for housing in Joppatowne, MD?
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The ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community. Combined with an average commute time of 31.4 minutes and top commute methods being driving alone, working from home, or carpooling, it indicates a convenient location with flexible work arrangements, which can increase demand for housing, especially for those working in the nearby cities or remotely.
What are the implications of the high homeownership rate and median property value for real estate investors in Joppatowne, MD?
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The high homeownership rate of 79.7% and a median property value of $246,000 suggest a strong preference for owning over renting, which might impact rental yields. However, the relatively low poverty rate of 8.2% and high health insurance coverage of 95.6% imply a stable and employed population, potentially offering a balanced rental market with opportunities for long-term investments.
How does the income inequality and employment population affect the quality of tenants and rental stability in Joppatowne, MD?
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With a GINI coefficient of 0.357, indicating moderate income inequality, and an employed population of 6,626, Joppatowne, MD, offers a mix of tenant profiles. The combination of a low poverty rate and high employment suggests that tenants are likely to be stable, employed individuals, which is beneficial for rental income stability and reduced vacancy rates.
What role does education play in the attractiveness of Joppatowne, MD, as a real estate investment destination?
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The high school graduation rate of 92.1% and the percentage of the population with a Bachelor's degree or higher at 34.2% indicate a well-educated population. This, coupled with the top industries and commute methods, suggests that Joppatowne, MD, is attractive to professionals and families, potentially increasing demand for quality housing and thus making it an appealing location for real estate investments.
Joppatowne MD Real Estate & City Facts
Key facts and real estate information about Joppatowne MD.
What are some of the best neighborhoods to live in Joppatowne?
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Some of the best neighborhoods to live in Joppatowne include Joppa Vale, Magnolia Landing, and Guilford. These neighborhoods offer a range of housing options, from established homes to newer developments, and are close to schools, shopping, and major highways.
What are some fun things to do in Joppatowne?
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There are plenty of fun things to do in Joppatowne, including visiting the Rumsey Mansion, exploring the local parks and trails, and enjoying the city's restaurants and bars. Some popular attractions include the Turkey Hill Experience, Vintage View Cinemas, and the Amish Farmers Market.
What is the food scene like in Joppatowne?
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The food scene in Joppatowne is diverse and offers a range of options, from classic American cuisine to international flavors. Some popular restaurants include The Bistro on Main Street, Sapore DI Mare, and Mi Sabor Peruano. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Joppatowne?
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The pros of living in Joppatowne include its convenient location, range of housing options, and community amenities. However, some cons include the city's limited public transportation options and traffic congestion. Overall, Joppatowne is a great place to live for those who value a suburban lifestyle with easy access to city amenities.
Is Joppatowne a good place to live?
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Yes, Joppatowne is a good place to live, offering a unique blend of suburban charm and urban convenience. With its range of housing options, community amenities, and convenient location, Joppatowne is an attractive option for families, commuters, and anyone looking for a relaxed pace of life.
⭐ 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 Joppatowne MD Commercial Property: $72,336
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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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