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Kings Park West, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Kings Park West, Virginia Market population: 14K. Explore income-producing properties with verified cap rates...

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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 Kings Park West VA Properties: 1.1300%

πŸ“Š Average Income For Kings Park West VA Commercial Property: $129,772

Investor Questions For Kings Park West VA

Common questions from investors exploring commercial real estate in Kings Park West VA.

What's the overall investment potential of Kings Park West, VA? +
With a median household income of $129,772 and a relatively low poverty rate of 7.6%, Kings Park West, VA presents a stable investment market, further reinforced by its high health insurance coverage of 94.3% and a strong employment population of 7,064, indicating a reliable tenant base.
How does the local economy impact real estate demand? +
The top industries in Kings Park West, VA, including Public Administration and Professional, Scientific, & Management Services, contribute to a diverse and stable economy, which, combined with the area's ethnic diversity - featuring White, White Non-Hispanic, and Asian populations - suggests a robust demand for housing, supported by an average commute time of 33.2 minutes and a high homeownership rate of 85.8%.
What are the key factors influencing rental yields in Kings Park West, VA? +
The median property value of $457,700 and median property taxes of $3,843 are crucial in determining rental yields, but when considering the low poverty rate of 7.6% and high health insurance coverage of 94.3%, it indicates a potential for stable, working-class tenants, which can positively impact rental income stability and demand.
How does the commute and transportation infrastructure affect the quality of life for residents? +
The average commute time of 33.2 minutes, although somewhat lengthy, is mitigated by the availability of public transit as one of the top commute methods, suggesting that residents have options for navigating the area, which, coupled with a high health insurance rate of 94.3%, contributes to an overall good quality of life and thus, a more attractive location for potential tenants.
What role does ethnic diversity and income inequality play in the investment landscape? +
The ethnic diversity in Kings Park West, VA, with significant White, White Non-Hispanic, and Asian populations, alongside a GINI coefficient of 0.33 indicating relatively low income inequality, suggests a harmonious and balanced community, which, when combined with the area's high median household income of $129,772, points to a resilient and desirable market for real estate investment, with potential for long-term appreciation and stable rental yields.

Kings Park West VA Real Estate & City Facts

Key facts and real estate information about Kings Park West VA.

What are some of the best neighborhoods to live in Kings Park West? +
Some of the best neighborhoods to live in Kings Park West include Kings Park West, which is known for its excellent schools, parks, and active homeowners association. Other nearby neighborhoods like Burke, Fairfax, and Annandale are also popular options.
What are some fun things to do in Kings Park West? +
There are plenty of fun things to do in Kings Park West, including visiting the Fort Hunt Park, a historical site originally part of George Washington's farm, and exploring the many outdoor activities available in the area, such as hiking and kayaking. You can also visit the King William Courthouse and Historical Museum, or check out the local restaurants and shops in the area.
What is the food scene like in Kings Park West? +
The food scene in Kings Park West is diverse and offers many memorable meal options. Some popular restaurants in the area include Noosh Grill, High Side, Milk & Honey Southern Inspired Kitchen, and SimSim. There are also plenty of great food trucks and outdoor dining venues to explore.
What are the pros and cons of living in Kings Park West? +
The pros of living in Kings Park West include its excellent schools, safe neighborhoods, and plenty of outdoor activities to enjoy. However, some cons include the high cost of living, traffic, and crowds during peak season. Overall, Kings Park West is a great place to live for those who value a suburban lifestyle with easy access to city amenities.
Is Kings Park West a good place to live? +
Yes, Kings Park West is a good place to live, offering a unique blend of suburban charm and urban amenities. With its excellent schools, safe neighborhoods, and plenty of outdoor activities, it's an ideal location for families and young professionals alike. However, it's worth considering the high cost of living and potential traffic and crowds before making a decision.
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