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Oakton, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Oakton, Virginia Market population: 36K. Compare commercial properties across all major asset classes with...

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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 Oakton VA Properties: 1.1600%

πŸ“Š Average Income For Oakton VA Commercial Property: $123,083

Investor Questions For Oakton VA

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

What is the overall investment potential of Oakton, VA, considering its demographic and economic factors? +
The combination of a high median household income of $123,083, a relatively low poverty rate of 5.8%, and a strong health insurance coverage rate of 92.7% suggests a stable and attractive market for real estate investment, with a diverse population including White, White Non-Hispanic, and Asian ethnicities.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Oakton, VA? +
The average commute time of 32.8 minutes, along with the top commute methods being driving alone, working from home, and using public transit, indicates a well-developed transportation infrastructure, which, when combined with a high health insurance coverage rate of 92.7% and a low poverty rate of 5.8%, suggests a high quality of life for residents and a stable rental market.
What role do the top industries in Oakton, VA play in shaping the local real estate market and demand for housing? +
The presence of top industries such as Information, Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, along with a median household income of $123,083 and an employed population of 20,004, suggests a strong and diverse economy, which, when combined with the city's ethnic diversity, including White, White Non-Hispanic, and Asian populations, contributes to a high demand for housing and a stable real estate market.
How do the housing market factors, such as median property value and homeownership rate, influence the investment potential of Oakton, VA? +
The high median property value of $553,100 and a homeownership rate of 65.4%, when considered alongside the low poverty rate of 5.8% and high health insurance coverage rate of 92.7%, indicate a strong and stable housing market, with a high potential for property appreciation and rental income, making Oakton, VA an attractive location for real estate investment.
What are the implications of the GINI coefficient and poverty rate on the socioeconomic stability and tenant quality in Oakton, VA? +
The GINI coefficient of 0.412, which indicates a moderate level of income inequality, combined with a relatively low poverty rate of 5.8% and a high health insurance coverage rate of 92.7%, suggests a socioeconomic stability and a relatively high quality of tenants, which, when considered alongside the city's diverse population and strong economy, contributes to a stable and attractive real estate market for investors.

Oakton VA Real Estate & City Facts

Key facts and real estate information about Oakton VA.

What are some of the best neighborhoods to live in Oakton? +
Some of the best neighborhoods to live in Oakton, VA are White Granite/Bushman, Blakelee, Cherrywood Square, Concord Village, and Evergreen Square. These neighborhoods offer a range of housing options, from single-family homes to townhouses and condos, and are known for their safety, good schools, and community amenities.
What are some fun things to do in Oakton? +
There are plenty of fun things to do in Oakton, VA. You can visit the Oak Marr Recenter for miniature golf, open space activities, and community events. You can also explore the local parks, such as Oak Marr Park, and enjoy outdoor activities like hiking and biking. Additionally, Oakton is close to Vienna, VA, which offers a range of cultural attractions, including the Vienna Arts Society and the Wolf Trap National Park for the Performing Arts.
What is the food scene like in Oakton? +
The food scene in Oakton, VA is diverse and offers a range of options. You can find everything from Italian cuisine at Luciano Italian Restaurant & Pizzeria to Asian fusion at Mama Tigre. There are also plenty of great food trucks and casual eateries, like Famous Dave's Bar-B-Que and Santini's New York Style Deli. For a unique dining experience, you can try IPanda Dumplings or Old Peking Restaurant.
What are the pros and cons of living in Oakton? +
The pros of living in Oakton, VA include its safe and welcoming community, good schools, and convenient location near Washington, D.C. and other Northern Virginia cities. However, some cons include the high cost of living, traffic congestion, and limited public transportation options. Additionally, Oakton is a suburban area, so it may not offer the same level of nightlife or cultural attractions as larger cities.
Is Oakton a good place to live? +
Overall, Oakton, VA is a great place to live for those who value a safe and welcoming community, good schools, and a convenient location. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it offers a unique blend of suburban charm and access to city amenities. With its diverse food scene, outdoor recreational opportunities, and community events, Oakton is a great choice for families, young professionals, and anyone looking for a high quality of life.
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