Lakeland South, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lakeland South, Washington Market population: 13K. Browse multifamily, office, retail, industrial, and mixed-use investment...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Lakeland South WA Properties: 0.8800%
⭐ 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 Lakeland South WA
Common questions from investors exploring commercial real estate in Lakeland South WA.
What is the overall investment potential of Lakeland South, WA?
+
The combination of a relatively low poverty rate of 6.7%, high health insurance coverage of 93.4%, and a strong median household income of $72,426 suggests a stable investment market with a solid foundation for rental income and property appreciation. The diverse economy with top industries in Finance & Insurance, and Public Administration also supports a robust market. Additionally, the high homeownership rate of 78.6% and median property value of $264,900 indicate a desirable area for homeowners and investors alike.
How does the demographic makeup of Lakeland South impact investment decisions?
+
The demographic makeup of Lakeland South, with a median age of 39.7 and top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a diverse and potentially growing population. The foreign-born rate of 10.3% also indicates a degree of cultural diversity, which can contribute to a vibrant and dynamic community. This diversity, combined with a relatively low poverty rate and high health insurance coverage, makes for an attractive investment environment.
What role do commute times and transportation options play in the investment potential of Lakeland South?
+
The average commute time of 27.4 minutes in Lakeland South, with top commute methods including driving alone, carpooling, and working from home, suggests a relatively convenient and flexible transportation situation. This, combined with a strong employment population of 6,724 and top industries in Finance & Insurance, and Public Administration, indicates a solid foundation for a stable and growing workforce, making the area more attractive to investors.
How do quality-of-life metrics, such as health insurance coverage and education, impact investment decisions in Lakeland South?
+
The high health insurance coverage rate of 93.4% and a high school graduation rate of 92.2% in Lakeland South suggest a population with access to quality healthcare and education, contributing to a higher quality of life. This, in turn, can lead to a more stable and attractive environment for investors, as it indicates a population with the resources and support necessary to maintain stable employment and housing situations.
What is the potential for property appreciation and rental yields in Lakeland South?
+
The median property value of $264,900 and median property taxes of $3,914 in Lakeland South, combined with a strong median household income and low poverty rate, suggest a potential for stable property appreciation and rental yields. The diverse economy and high homeownership rate also support a robust housing market, making Lakeland South an attractive option for investors looking for a balance of stability and growth potential.
Lakeland South WA Real Estate & City Facts
Key facts and real estate information about Lakeland South WA.
What are some of the best neighborhoods to live in Lakeland South?
+
Some of the best neighborhoods to live in Lakeland South include Lakeland Hills, The Bridges, and Verona South. These neighborhoods offer a range of housing options, from affordable homes to luxury properties, and are known for their family-friendly atmosphere and convenient access to local amenities.
What are some fun things to do in Lakeland South?
+
There are plenty of fun things to do in Lakeland South, including visiting the Polk Museum of Art, exploring the beautiful gardens at Hollis Garden, and taking a stroll around Lake Mirror. You can also catch a show at the Silver Moon Drive-In Theatre or visit the Pacific Bonsai Museum. For outdoor enthusiasts, there are plenty of parks and trails to explore, including the Rhododendron Species Botanical Garden.
What is the food scene like in Lakeland South?
+
The food scene in Lakeland South is diverse and vibrant, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Jack's BBQ & Steakhouse, The Wandering Goose, and Il Forno. There are also plenty of great food trucks and local eateries to try, such as Uncle Nicks Italian Bagels and S&L Burgers.
What are the pros and cons of living in Lakeland South?
+
The pros of living in Lakeland South include its family-friendly atmosphere, convenient access to local amenities, and a range of housing options to suit different budgets and lifestyles. However, some cons include the potential for traffic congestion and limited public transportation options. Additionally, some areas of Lakeland South may be prone to noise pollution from nearby highways or industrial areas.
Is Lakeland South a good place to live?
+
Overall, Lakeland South is a great place to live for those who value a family-friendly atmosphere, convenient access to local amenities, and a range of housing options. While there may be some drawbacks to consider, such as traffic congestion and limited public transportation options, the pros of living in Lakeland South make it a desirable choice for many people. With its beautiful parks, vibrant food scene, and community events, Lakeland South is a great place to call home.
⭐ 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 Lakeland South WA Commercial Property: $72,426
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement