Lake Mary, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lake Mary, Florida Market population: 14K. Compare commercial properties across all major asset classes...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Lake Mary FL Properties: 90.0000%

📊 Average Income For Lake Mary FL Commercial Property: $79,712

Investor Questions For Lake Mary FL

Common questions from investors exploring commercial real estate in Lake Mary FL.

What's the overall investment outlook for Lake Mary, FL? +

The 4.9% poverty rate and 92.3% health insurance coverage in Lake Mary suggest a stable and employed population, which is further supported by a strong median household income of $79,712 and a high homeownership rate of 71.4%, making it an attractive market for real estate investors.

How does the local economy impact rental demand in Lake Mary? +

The top industries in Lake Mary, including Wholesale Trade, Information, and Finance & Insurance, & Real Estate & Rental & Leasing, contribute to a diverse economy, while the 24.9-minute average commute time and high rate of health insurance coverage indicate a reliable workforce, which can drive rental demand and support a stable rental market.

What role does ethnic diversity play in Lake Mary's real estate market? +

The ethnic diversity in Lake Mary, with top ethnicities including White, White Non-Hispanic, and Hispanic, can contribute to a vibrant and inclusive community, which may attract a wide range of residents and support a strong demand for housing, particularly when combined with the area's relatively low poverty rate of 4.9% and high median household income of $79,712.

How do quality of life metrics impact market stability in Lake Mary? +

The 24.9-minute average commute time and 92.3% health insurance coverage in Lake Mary suggest a high quality of life, which can contribute to market stability and attract residents who value convenience and access to healthcare, and when combined with the area's low poverty rate and strong median household income, it indicates a stable and desirable market for real estate investment.

What are the key factors to consider when evaluating investment opportunities in Lake Mary? +

When evaluating investment opportunities in Lake Mary, key factors to consider include the median property value of $253,000, median property taxes of $3,975, and homeownership rate of 71.4%, as well as the area's diverse economy, relatively low poverty rate of 4.9%, and high rate of health insurance coverage, which together provide a comprehensive picture of the local real estate market and its potential for growth and returns.

Lake Mary FL Real Estate & City Facts

Key facts and real estate information about Lake Mary FL.

What are some of the best neighborhoods to live in Lake Mary? +

Some of the best neighborhoods to live in Lake Mary include Heathrow, Lake Mary Estates, and Timberleaf. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are close to local amenities like parks, schools, and shopping centers.

What are some fun things to do in Lake Mary? +

There are plenty of fun things to do in Lake Mary, including visiting Trailblazer Park, which features a splash pad and playground, and exploring the Lake Mary Farmer's Market. You can also check out the Sanford Museum, or take a stroll around the serene Lake Monroe Park Boardwalk.

What is the food scene like in Lake Mary? +

The food scene in Lake Mary is diverse and exciting, with a range of restaurants serving everything from fine dining to casual eats. Some popular spots include FishBones, Don Julio Mexican Kitchen & Tequila Bar, and Terramia Brick Oven. There are also plenty of great food trucks and farm-to-table options to explore.

What are the pros and cons of living in Lake Mary? +

The pros of living in Lake Mary include its beautiful parks and outdoor spaces, a range of housing options, and a growing food and entertainment scene. However, some cons include traffic and congestion, especially during rush hour, and a limited public transportation system. Overall, Lake Mary is a great place to live for those who value a suburban lifestyle with easy access to amenities and outdoor activities.

Is Lake Mary a good place to live? +

Yes, Lake Mary is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its beautiful parks, growing food scene, and range of housing options, Lake Mary is an attractive option for families, young professionals, and retirees alike. While it may have some drawbacks, such as traffic and limited public transportation, the pros of living in Lake Mary far outweigh the cons for many people.

Lake Mary, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Lake Mary FL Properties: 90.0000%

📊 Average Income For Lake Mary FL Commercial Property: $79,712

Investor Questions For Lake Mary FL

Lake Mary FL Real Estate & City Facts

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