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Manassas, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Manassas, Virginia Market population: 39K. Explore income-producing properties with verified cap rates and operating...

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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 Manassas VA Properties: 1.0400%

πŸ“Š Average Income For Manassas VA Commercial Property: $71,036

Investor Questions For Manassas VA

Common questions from investors exploring commercial real estate in Manassas VA.

What makes Manassas, VA an attractive market for real estate investment? +
The city's median household income of $71,036, combined with a relatively low poverty rate of 8.3% and high health insurance coverage of 81.5%, suggests a stable and employed population, making it an attractive market for real estate investment. Additionally, the top industries in Public Administration, Information, and Professional Services indicate a diverse economy, while the median property value of $245,000 and homeownership rate of 67.6% provide opportunities for rental yields and property appreciation.
How does the demographic diversity of Manassas, VA impact the real estate market? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community, which can attract a wide range of tenants and buyers. Furthermore, the foreign-born rate of 24.1% and median age of 32.4 indicate a dynamic and growing population, which can drive demand for housing and support long-term market stability.
What are the key factors to consider when evaluating the quality of life in Manassas, VA for real estate investment? +
The average commute time of 33.8 minutes, top commute methods including driving alone and carpooling, and high health insurance coverage of 81.5% all contribute to a relatively high quality of life in Manassas, VA. Additionally, the city's low poverty rate of 8.3% and high median household income of $71,036 suggest a stable and secure environment, which can support tenant retention and property values.
How does the local economy in Manassas, VA support real estate investment? +
The city's top industries in Public Administration, Information, and Professional Services provide a diverse economic base, which can drive demand for housing and support long-term market stability. Furthermore, the employed population of 20,228 and median household income of $71,036 indicate a strong and stable economy, while the GINI coefficient of 0.399 suggests a relatively equitable distribution of income, which can contribute to a stable and secure environment for real estate investment.
What are the implications of the housing market in Manassas, VA for real estate investors? +
The median property value of $245,000 and median property taxes of $7,865 provide opportunities for rental yields and property appreciation, while the homeownership rate of 67.6% suggests a stable and secure environment for real estate investment. Additionally, the city's relatively low poverty rate of 8.3% and high health insurance coverage of 81.5% indicate a stable and employed population, which can support tenant retention and property values, making Manassas, VA an attractive market for real estate investment.

Manassas VA Real Estate & City Facts

Key facts and real estate information about Manassas VA.

What are some of the best neighborhoods to live in Manassas? +
Some of the best neighborhoods to live in Manassas include Sudley, Westchester, and Wellington Community. These neighborhoods offer a range of living options, from stately brick colonials to luxury townhouses and modern condos. They are known for being peaceful and having a strong sense of community.
What are some fun things to do in Manassas? +
Manassas has a lot to offer when it comes to things to do. You can visit the Manassas National Battlefield Park, explore the historic downtown area, or check out the Manassas Museum. There are also plenty of parks and outdoor spaces to enjoy, as well as a variety of restaurants and shops. If you're looking for something specific, you can also visit the Harris Pavilion, the Art Factory, or the Hylton Performing Arts Center.
What is the food scene like in Manassas? +
The food scene in Manassas is diverse and exciting. You can find everything from traditional American fare to ethnic cuisine, including Greek, Italian, and Mexican food. Some popular restaurants include The Black Sheep Restaurant, Katerina's Greek Cuisine, and Tony's New York Pizza. There are also plenty of rooftop restaurants, wine bars, and breweries to choose from. Additionally, you can find some great food trucks and sidewalk cafes throughout the city.
What are the pros and cons of living in Manassas? +
One of the pros of living in Manassas is its rich history and cultural scene. The city has a lot to offer in terms of entertainment, dining, and outdoor activities. However, some cons include the city's relatively high cost of living and traffic. Additionally, some areas of the city can be quite crowded and noisy. Overall, Manassas is a great place to live for those who value history, culture, and community, but may not be the best fit for those looking for a more affordable or quiet lifestyle.
Is Manassas a good place to live? +
Manassas can be a great place to live for the right person. The city has a lot to offer in terms of history, culture, and entertainment, and is surrounded by beautiful parks and outdoor spaces. However, it's not without its challenges, including a relatively high cost of living and traffic. Ultimately, whether or not Manassas is a good place to live depends on your individual priorities and preferences. If you value community, culture, and history, and are willing to deal with some of the city's drawbacks, then Manassas may be a great fit for you.
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