Parkland, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Parkland, Florida Market population: 37K. Explore income-producing properties with verified cap rates and operating...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

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📊 Avg Property Tax Rate For Parkland WA Properties: 7.9170%

📊 Average Income For Parkland WA Commercial Property: $47,769

Investor Questions For Parkland WA

Common questions from investors exploring commercial real estate in Parkland WA.

What is the overall investment potential of Parkland, WA, considering its demographic and economic factors? +

The city's median household income of $47,769, combined with a poverty rate of 15.9% and a health insurance coverage of 89.0%, suggests a relatively stable market with a mix of working-class and more affluent residents. The top industries, including Public Administration, Construction, and Information, contribute to a diverse economy, while the foreign-born rate of 14.1% and top ethnicities like White, White Non-Hispanic, and Hispanic indicate a culturally diverse population.

How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Parkland, WA? +

The average commute time of 26.8 minutes, with top commute methods including Drove Alone, Carpooled, and Worked At Home, indicates a relatively manageable commute, which can contribute to a higher quality of life for residents. Additionally, the health insurance coverage rate of 89.0% suggests that residents have access to necessary healthcare, making the area more attractive to potential renters and investors.

What are the key factors to consider when evaluating the housing market in Parkland, WA, for real estate investment? +

The median property value of $187,300, median property taxes of $6,137, and a homeownership rate of 49.1% provide insight into the housing market. Considering the poverty rate of 15.9% and the employed population of 15,386, investors should assess the potential for rental income and property appreciation, taking into account the city's diverse economy and industries, such as Public Administration and Construction.

How does the ethnic diversity and income inequality in Parkland, WA, impact the demand for housing and rental properties? +

The city's top ethnicities, including White, White Non-Hispanic, and Hispanic, and a foreign-born rate of 14.1%, contribute to a culturally diverse population, which can drive demand for housing and rental properties. The GINI coefficient of 0.39 indicates a moderate level of income inequality, which, combined with the median household income of $47,769 and poverty rate of 15.9%, suggests a mix of affordable and higher-end housing options may be in demand.

What role do education and occupation play in the quality of life and investment potential of Parkland, WA? +

The top education levels, including High School Graduate, Some College, and Bachelor's Degree, and top occupations, such as Management, Business, Science, and Arts Occupations, and Service Occupations, indicate a relatively educated and skilled workforce. This, combined with the city's diverse economy and industries, suggests a strong potential for investment, as a skilled workforce can drive demand for housing and contribute to a stable and growing local economy.

Parkland WA Real Estate & City Facts

Key facts and real estate information about Parkland WA.

What are some of the best neighborhoods to live in Parkland? +

Some of the best neighborhoods to live in Parkland, WA include the areas surrounding Doris Davis Forman Wilderness Preserve and Waughop Lake in Fort Steilacoom Park. These neighborhoods offer a range of housing options and are close to local amenities and attractions.

What are some fun things to do in Parkland? +

There are plenty of fun things to do in Parkland, WA. You can visit the Doris Davis Forman Wilderness Preserve, explore the PLU Campus Ministry, or check out the All Seasons Sports Bar. Additionally, you can take a tour of the Waughop Lake in Fort Steilacoom Park or visit the Wright Park and Mayfair Playfield.

What is the food scene like in Parkland? +

The food scene in Parkland, WA is diverse and offers a range of options. You can try Italian cuisine at Marzano Italian Restaurant, Mexican food at Andale Mexican Restaurant or Pico de Gallo, or American diner food at Denny's. There are also plenty of great food trucks and local bakeries like Parkland Place Bakery.

What are the pros and cons of living in Parkland? +

The pros of living in Parkland, WA include its natural beauty, with plenty of parks and outdoor spaces, and its proximity to local amenities and attractions. However, some cons include the limited number of restaurants and shops in the area, and the need to travel to nearby cities for more options. Additionally, the poverty rate in Parkland is 15.9%, which may be a challenge for some residents.

Is Parkland a good place to live? +

Overall, Parkland, WA is a good place to live for those who value natural beauty, outdoor spaces, and a close-knit community. While it may have some limitations in terms of restaurants and shops, it offers a range of housing options and is close to local amenities and attractions. With a median household income of $47,769 and a median property value of $187,300, Parkland can be a affordable option for those looking to live in the area.

Parkland, FL High Income Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Parkland WA Properties: 7.9170%

📊 Average Income For Parkland WA Commercial Property: $47,769

Investor Questions For Parkland WA

Parkland WA Real Estate & City Facts

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