Paradise, NV High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Paradise, Nevada Market population: 222K. Compare commercial properties across all major asset classes with...
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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 Paradise NV Properties: 0.3900%
⭐ 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 Paradise NV
Common questions from investors exploring commercial real estate in Paradise NV.
What is the overall investment potential of Paradise, NV, considering its demographics and economy?
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The city's median household income of $46,527, combined with a poverty rate of 17.0% and a health insurance coverage of 81.7%, suggests a relatively stable market with opportunities for growth, particularly in the public administration and information industries, which are among the top industries in the area.
How does the ethnic diversity and commute time impact the rental market in Paradise, NV?
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The diversity of the population, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant rental market, while the average commute time of 21.7 minutes and the top commute methods of driving alone, carpooling, and working from home indicate a convenient and flexible transportation system, making the area attractive to renters.
What are the key factors to consider when evaluating the housing market in Paradise, NV?
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The median property value of $151,200, median property taxes of $36,846, and a homeownership rate of 40.2% provide a comprehensive view of the housing market, which is further influenced by the city's poverty rate of 17.0%, employed population of 108,236, and the top industries driving the local economy, such as public administration and information.
How does the quality of life in Paradise, NV impact its attractiveness to investors?
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The city's average commute time of 21.7 minutes, health insurance coverage of 81.7%, and a relatively low poverty rate of 17.0% contribute to a high quality of life, making it an attractive location for investors, particularly when combined with the diversity of the population and the presence of top industries such as public administration and information.
What is the potential for long-term growth and stability in the Paradise, NV real estate market?
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The city's median age of 35.8, median household income of $46,527, and a gini coefficient of 0.432, which indicates a moderate level of income inequality, suggest a relatively stable market with potential for long-term growth, particularly when considering the top industries driving the local economy and the convenient transportation system, making it an attractive location for investors seeking stable and growing returns.
Paradise NV Real Estate & City Facts
Key facts and real estate information about Paradise NV.
What are some of the best neighborhoods to live in Paradise?
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Some of the best neighborhoods to live in Paradise include areas near the strip, such as Billionaire's Row in Summerlin, and other areas like Enclave Ct. However, the most desired areas tend to be in the east parts of the neighborhood, while more affordable homes are in the north regions.
What are some fun things to do in Paradise?
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There are plenty of fun things to do in Paradise, including visiting the Bellagio Conservatory & Botanical Gardens, seeing a performance at the Colosseum at Caesars Palace, and exploring the many casinos and attractions on the strip. You can also visit the Infinity Museum, Museum of Illusions, and Boomtown.
What is the food scene like in Paradise?
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The food scene in Paradise is vibrant and diverse, with many top-rated restaurants to choose from, such as Wicked Spoon, The Buffet At Wynn Las Vegas, and Chin Chin. There are also plenty of great food trucks and casual eateries, like Smoke & Fire, The Codfather, and Razzels Hot Dogs.
What are the pros and cons of living in Paradise?
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The pros of living in Paradise include its proximity to the strip and many amenities, as well as its relatively affordable housing options. However, some cons include the area's high traffic and noise levels, and the fact that it can be quite crowded and touristy at times.
Is Paradise a good place to live?
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Overall, Paradise can be a great place to live for those who enjoy the energy and excitement of the strip, but may not be the best fit for those looking for a more subdued or family-friendly environment. It's a good idea to weigh the pros and cons and consider factors like lifestyle, budget, and personal preferences before making a decision.
⭐ 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 Paradise NV Commercial Property: $46,527
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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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