Mill Creek, WV High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mill Creek, West Virginia Market population: 18K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ 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 Mill Creek WA Properties: 85.0000%
⭐ 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 Mill Creek WA
Common questions from investors exploring commercial real estate in Mill Creek WA.
What is the overall investment potential of Mill Creek, WA, considering its demographic and economic factors?
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The combination of a relatively low poverty rate of 5.4%, a high median household income of $87,331, and a diverse population with top ethnicities including White, White Non-Hispanic, and Asian, suggests a stable and attractive market for real estate investment, with a strong demand driven by its top industries such as Manufacturing and Information.
How does the commute time and health insurance coverage impact the quality of life for renters in Mill Creek, WA?
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The average commute time of 30.3 minutes, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation system, while the high health insurance coverage rate of 94.9% suggests a stable and secure population, making it an attractive location for renters and thus a promising investment opportunity.
What role do the top industries and ethnic diversity play in shaping the demand for real estate in Mill Creek, WA?
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The presence of top industries such as Manufacturing, Information, and Professional Services, combined with the ethnic diversity of the population, including White, White Non-Hispanic, and Asian, contributes to a strong and diverse demand for real estate, driven by a skilled and employed population, which is further supported by the relatively high median property value of $396,200 and low poverty rate of 5.4%.
How do the poverty rate and health insurance coverage interact to influence the quality of tenants in Mill Creek, WA?
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The low poverty rate of 5.4% combined with the high health insurance coverage rate of 94.9% suggests a working-class market with employment stability and access to healthcare, indicating a lower risk of tenant default and a more reliable rental income stream, which is an attractive feature for real estate investors.
What is the impact of the Gini coefficient and median household income on the affordability and attractiveness of Mill Creek, WA, as an investment location?
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The Gini coefficient of 0.387, which indicates a moderate level of income inequality, combined with the high median household income of $87,331, suggests that Mill Creek, WA, offers a relatively affordable and attractive location for real estate investment, with a strong potential for property appreciation and rental yield, driven by a stable and employed population with a relatively high average commute time of 30.3 minutes and diverse top industries.
Mill Creek WA Real Estate & City Facts
Key facts and real estate information about Mill Creek WA.
What are some of the best neighborhoods to live in Mill Creek?
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Some of the best neighborhoods to live in Mill Creek include The Highlands/Parks, The Meadows, and other family-friendly communities with beautiful parks and clean surroundings. You can find more information about these neighborhoods and their amenities on websites like Caring Real Estate and AreaVibes.
What are some fun things to do in Mill Creek?
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There are plenty of fun things to do in Mill Creek, including visiting Buffalo Park, Exploration Park, and Arena Sports Mill Creek. You can also check out the Mill Creek Nature Preserve, Elevated Sportz Indoor Trampoline Park, and other attractions listed on websites like Tripadvisor and Yelp.
What is the food scene like in Mill Creek?
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The food scene in Mill Creek is diverse and exciting, with restaurants like Azul Restaurant and Lounge, The Rusty Pelican Cafe, and Calabria Ristorante Italiano. You can also find Greek and Mediterranean cuisine at Kafe Neo, and sushi at Mo Mo Sushi. There are plenty of other great restaurants to try, and you can find reviews and recommendations on websites like Yelp and OpenTable.
What are the pros and cons of living in Mill Creek?
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The pros of living in Mill Creek include its family-friendly communities, beautiful parks, and convenient location. However, some cons include the potential for traffic and crowds, especially during peak hours. Additionally, the cost of living in Mill Creek may be higher than in other areas, but the amenities and quality of life make it worth considering. You can find more information about the pros and cons of living in Mill Creek on websites like Reddit and Caring Real Estate.
Is Mill Creek a good place to live?
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Mill Creek is a great place to live, with its beautiful parks, family-friendly communities, and convenient location. While it may have some drawbacks, the pros outweigh the cons, and it's definitely worth considering if you're looking for a comfortable and enjoyable place to call home. You can find more information about living in Mill Creek on websites like AreaVibes and Redfin.
⭐ 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 Mill Creek WA Commercial Property: $87,331
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⭐ 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
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⭐ 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
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⭐ 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
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