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Manassas Park, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Manassas Park, Virginia Market population: 15K. Compare commercial properties across all major asset classes...

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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
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📊 Avg Property Tax Rate For Manassas Park VA Properties: 1.0400%

📊 Average Income For Manassas Park VA Commercial Property: $71,227

Investor Questions For Manassas Park VA

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

What is the overall investment potential of Manassas Park, VA? +
Manassas Park, VA offers a stable investment market with a median household income of $71,227, a relatively low poverty rate of 7.0%, and a high health insurance coverage rate of 79.0%, indicating a strong and secure tenant base. The top industries, including Public Administration and Finance & Insurance, also suggest a diverse economy. Additionally, the city's ethnic diversity, with a mix of White, Hispanic, and White Non-Hispanic populations, contributes to a vibrant community.
How does the commute time and transportation infrastructure impact the rental market? +
The average commute time of 40.8 minutes in Manassas Park, VA, while slightly longer than some other areas, is mitigated by the fact that many residents drive alone, carpool, or work from home, suggesting a flexible and adaptable workforce. This, combined with a strong health insurance coverage rate of 79.0% and a low poverty rate of 7.0%, indicates a stable and reliable rental market. The city's diverse economy, with top industries like Professional, Scientific, & Management, & Administrative & Waste Management Services, also supports a steady demand for housing.
What role does ethnic diversity play in the local real estate market? +
The ethnic diversity of Manassas Park, VA, with significant White, Hispanic, and White Non-Hispanic populations, contributes to a dynamic and inclusive community, which can attract a wide range of residents and businesses. This diversity, paired with a median household income of $71,227 and a relatively low poverty rate of 7.0%, suggests a resilient and growing local economy. The foreign-born rate of 24.5% also indicates a potential for international investment and cultural exchange, further enriching the local real estate market.
How do the local economy and industry trends influence property values and rental yields? +
The strong presence of industries like Public Administration, Finance & Insurance, and Professional, Scientific, & Management in Manassas Park, VA, contributes to a stable and growing local economy, which in turn supports increasing property values and rental yields. The median property value of $213,300 and median property taxes of $2,825 also suggest a relatively affordable and attractive market for investors. Furthermore, the city's low poverty rate of 7.0% and high health insurance coverage rate of 79.0% indicate a secure and reliable tenant base, making it an appealing location for real estate investment.
What are the key factors to consider when evaluating the quality of life and market stability in Manassas Park, VA? +
When assessing the quality of life and market stability in Manassas Park, VA, key factors to consider include the city's low poverty rate of 7.0%, high health insurance coverage rate of 79.0%, and relatively high median household income of $71,227. Additionally, the average commute time of 40.8 minutes, while longer than some other areas, is balanced by the fact that many residents have flexible work arrangements, such as working from home. The city's diverse economy, ethnic diversity, and strong industries also contribute to a stable and attractive market for real estate investment, making it an appealing location for investors seeking long-term growth and returns.

Manassas Park VA Real Estate & City Facts

Key facts and real estate information about Manassas Park VA.

What are some of the best neighborhoods to live in Manassas Park? +
Some of the best neighborhoods to live in Manassas Park include Centerville Rd, Old Town Manassas, and Manassas Park. These neighborhoods are known for their peaceful and quiet environment, friendly atmosphere, and easy access to nature and amenities. However, it's worth noting that Manassas Park has some of the highest water prices in the nation and high taxes.
What are some fun things to do in Manassas Park? +
There are plenty of fun things to do in Manassas Park, including visiting the Manassas National Battlefield Park, exploring the Manassas Mall, and checking out the Ben Lomond Historic Site. You can also enjoy outdoor activities like hiking and biking at the nearby parks and trails. Additionally, the city hosts various events and festivals throughout the year, such as the Manassas Jazz Festival and the Prince William County Fair.
What is the food scene like in Manassas Park? +
The food scene in Manassas Park is diverse and vibrant, with a range of restaurants serving different cuisines. Some popular restaurants include First Watch, All American Steakhouse, and Yoder's Dutch Delights. You can also find a variety of international cuisines, such as Mexican, Chinese, and Italian. There are also plenty of great food trucks and cafes in the area, offering everything from burgers to coffee and pastries.
What are the pros and cons of living in Manassas Park? +
The pros of living in Manassas Park include its peaceful and quiet environment, easy access to nature and amenities, and a range of community events and activities. However, the cons include high water prices and taxes, as well as some areas with higher crime rates. Additionally, the city can be quite crowded and traffic-heavy, especially during rush hour. Overall, Manassas Park is a great place to live for those who value a sense of community and outdoor activities, but may not be the best fit for those on a tight budget or looking for a more urban lifestyle.
Is Manassas Park a good place to live? +
Manassas Park can be a great place to live for those who value a sense of community, outdoor activities, and a range of amenities. The city has a lot to offer, from its historic sites and natural beauty to its vibrant food scene and community events. However, it's worth considering the high costs of living, including water prices and taxes, as well as some areas with higher crime rates. Ultimately, whether or not Manassas Park is a good place to live depends on your individual priorities and preferences. If you're looking for a peaceful and quiet environment with easy access to nature and amenities, Manassas Park may be a great fit. But if you're on a tight budget or looking for a more urban lifestyle, you may want to consider other options.
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Investment Opportunities by City

Abbs Valley - High Cap Rate Abbs Valley - High NOI Abbs Valley - Premium Properties Abbs Valley - Affordable Deals Abingdon - High Cap Rate Abingdon - High NOI Abingdon - Premium Properties Abingdon - Affordable Deals Accomac - High Cap Rate Accomac - High NOI Accomac - Premium Properties Accomac - Affordable Deals Adwolf - High Cap Rate Adwolf - High NOI Adwolf - Premium Properties Adwolf - Affordable Deals Afton - High Cap Rate Afton - High NOI Afton - Premium Properties Afton - Affordable Deals Alberta - High Cap Rate Alberta - High NOI Alberta - Premium Properties Alberta - Affordable Deals

Property Types by City

Multifamily - Abbs Valley, VA Apartment Building - Abbs Valley, VA Multifamily (Condo) - Abbs Valley, VA Multifamily - Abingdon, VA Apartment Building - Abingdon, VA Multifamily (Condo) - Abingdon, VA Multifamily - Accomac, VA Apartment Building - Accomac, VA Multifamily (Condo) - Accomac, VA Multifamily - Adwolf, VA Apartment Building - Adwolf, VA Multifamily (Condo) - Adwolf, VA Multifamily - Afton, VA Apartment Building - Afton, VA Multifamily (Condo) - Afton, VA

Manassas Park, VA Investment Filters

High Cap Rate - Manassas Park, VA

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High NOI - Manassas Park, VA

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Premium Properties - Manassas Park, VA

High-value commercial real estate over $1M in Manassas Park, VA

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Entry-level investment opportunities under $500K in Manassas Park, VA

Mid-Range Properties - Manassas Park, VA

Properties priced between $500K and $1M in Manassas Park, VA

High Yield Deals - Manassas Park, VA

Best performing properties with high cap rate and NOI in Manassas Park, VA

Best Value Investments - Manassas Park, VA

Affordable properties with high cap rates in Manassas Park, VA