North Fort Lewis, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in North Fort Lewis, Washington Market population: 3K. 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 North Fort Lewis WA Properties: 0.7500%
⭐ 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 North Fort Lewis WA
Common questions from investors exploring commercial real estate in North Fort Lewis WA.
What's the overall market stability like for real estate investors in this city?
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The 19.1% poverty rate is a concern, but the 92.4% health insurance coverage and relatively low 20.5-minute average commute time suggest a stable workforce, which is a positive sign for investors. Additionally, the top industries, including Public Administration and Retail Trade, provide a diverse economic base. The foreign-born rate of 11.2% and top ethnicities, such as White, Asian, and Hispanic or Latino, also indicate a culturally diverse population, which can contribute to a vibrant and stable community.
How does the local economy impact rental demand and property values?
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The median household income of $45,319 and employed population of 1,298 suggest a working-class market with some disposable income, which can support rental demand. The top industries, including Accommodation and Food Services, also indicate a strong service sector, which can drive demand for housing. Furthermore, the median property value of $231,400 and median property taxes of $2,431 suggest a relatively affordable housing market, which can attract renters and investors alike.
What are the implications of the city's demographic characteristics for real estate investors?
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The relatively young median age of 21.4 and diverse top ethnicities, including White, Asian, and Hispanic or Latino, suggest a dynamic and growing population, which can drive demand for housing. The Gini coefficient of 0.43 indicates a moderate level of income inequality, which can impact the affordability of housing for some residents. However, the 92.4% health insurance coverage and low poverty rate compared to other areas suggest a relatively stable and secure population, which is attractive to investors.
How does the city's transportation infrastructure impact the quality of life for residents and investors?
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The 20.5-minute average commute time and top commute methods, including driving alone and walking, suggest a relatively convenient and accessible transportation infrastructure, which can enhance the quality of life for residents and make the area more attractive to investors. The low commute time also indicates a compact and connected city, which can support a strong sense of community and local economy.
What are the key factors that investors should consider when evaluating the potential for property appreciation in this city?
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The median property value of $231,400 and median property taxes of $2,431 suggest a relatively affordable housing market, which can appreciate in value over time. The diverse economy, including top industries such as Public Administration and Retail Trade, and the culturally diverse population, including a foreign-born rate of 11.2%, also indicate a vibrant and dynamic community, which can drive property appreciation. Additionally, the low homeownership rate of 1.5% suggests a potential for increased demand and appreciation in the rental market.
North Fort Lewis WA Real Estate & City Facts
Key facts and real estate information about North Fort Lewis WA.
What are some of the best neighborhoods to live in North Fort Lewis?
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Some of the best neighborhoods to live in North Fort Lewis include Lakeland South, Dupont, and Steilacoom. These neighborhoods offer a peaceful and suburban lifestyle, with easy access to the I-5 freeway and downtown Seattle. Homes in these areas can range from $590k to $700k, with monthly HOA fees around $60-$75.
What are some fun things to do in North Fort Lewis?
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There are plenty of fun things to do in North Fort Lewis, including visiting the Mount St. Helens area, hiking, cycling, and water sports. You can also explore the nearby cities of Tacoma and Olympia, which offer a variety of attractions, such as the Foxy Lady Bikini Bar, Theatrical Nightmare, and the Washington State Capitol Campus. For a unique experience, take a ride on a steam train or fly fish on the Cowlitz River.
What is the food scene like in North Fort Lewis?
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The food scene in North Fort Lewis is diverse and offers a range of options, from unique restaurants like Esan Zap and Uptown Grill, to traditional American fare at Bennigan's. You can also find great Asian cuisine at Happy Teriyaki and Cham Garden, or try some delicious brunch options at Honey. Additionally, there are plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in North Fort Lewis?
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The pros of living in North Fort Lewis include its peaceful and suburban lifestyle, easy access to the I-5 freeway and downtown Seattle, and a range of outdoor activities and attractions. However, some cons include the high cost of living, with homes ranging from $590k to $700k, and monthly HOA fees around $60-$75. Additionally, traffic can be a challenge, especially during rush hour.
Is North Fort Lewis a good place to live?
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North Fort Lewis can be a great place to live, depending on your individual preferences and priorities. If you value a peaceful and suburban lifestyle, with easy access to outdoor activities and attractions, then North Fort Lewis may be an excellent choice. However, if you're looking for a more urban lifestyle or a lower cost of living, you may want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the area in person to determine if North Fort Lewis is the right fit for you.
⭐ 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 North Fort Lewis WA Commercial Property: $45,319
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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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