Pasadena, MD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pasadena, Maryland Market population: 151K. 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 Pasadena TX Properties: 1.5600%
⭐ 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 Pasadena TX
Common questions from investors exploring commercial real estate in Pasadena TX.
What is the overall investment potential of Pasadena, TX, considering its demographic and economic factors?
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The city's median household income of $46,058, combined with a poverty rate of 19.0% and a health insurance coverage of 72.3%, suggests a working-class market with some employment stability. The top industries, including Public Administration and Wholesale Trade, indicate a diverse economy, while the ethnic diversity, with 39.6% White and 35.1% Hispanic populations, contributes to a vibrant community. The average commute time of 25.0 minutes and top commute methods, such as driving alone and carpooling, also suggest a relatively convenient transportation network.
How does the housing market in Pasadena, TX, look in terms of property values, taxes, and ownership rates?
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The median property value of $102,400 and median property taxes of $26,888 indicate a relatively affordable housing market. The homeownership rate of 53.9% is also a positive sign, suggesting a stable community with a mix of owners and renters. Additionally, the poverty rate of 19.0% and health insurance coverage of 72.3% can help investors assess the quality of potential tenants and the overall market stability.
What are the key factors that contribute to the quality of life in Pasadena, TX, and how do they impact real estate investment?
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The average commute time of 25.0 minutes, top commute methods, and health insurance coverage of 72.3% all contribute to a relatively high quality of life in Pasadena, TX. The city's ethnic diversity, with top ethnicities including White, Hispanic, and White Non-Hispanic, also adds to the community's vibrancy. Furthermore, the employed population of 62,516 and top industries, such as Public Administration and Wholesale Trade, indicate a stable economy, making it an attractive location for real estate investment.
How does the income inequality and poverty rate in Pasadena, TX, affect the real estate market and investment potential?
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The GINI coefficient of 0.443 and poverty rate of 19.0% suggest some income inequality in Pasadena, TX. However, the median household income of $46,058 and health insurance coverage of 72.3% indicate that there is still a working-class population with some employment stability. Investors should consider these factors when assessing the potential for rental income and property appreciation, as well as the overall market demand and stability.
What are the implications of the demographic and economic trends in Pasadena, TX, for real estate investors and property managers?
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The demographic and economic trends in Pasadena, TX, including the median age of 30.6, top ethnicities, and top industries, suggest a diverse and relatively stable community. The average commute time, health insurance coverage, and poverty rate also provide insights into the quality of life and potential tenant base. Investors and property managers should consider these factors when making decisions about property acquisition, rental pricing, and management strategies to maximize their returns and minimize risks.
Pasadena TX Real Estate & City Facts
Key facts and real estate information about Pasadena TX.
What are some of the best neighborhoods to live in Pasadena?
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Some of the best neighborhoods to live in Pasadena include Heritage Park, Strawberry Park, and areas near the Armand Bayou Nature Center. These neighborhoods offer a mix of residential homes, parks, and outdoor recreational spaces, providing a comfortable and scenic living environment.
What are some fun things to do in Pasadena?
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There are plenty of fun things to do in Pasadena, including visiting the Armand Bayou Nature Center, exploring the Strawberry Park, and attending events at the Pasadena Little Theatre. You can also check out the Pasadena Livestock Show & Rodeo, the Pasadena Philharmonic, and the Silver Sycamore for some entertainment and culture.
What is the food scene like in Pasadena?
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The food scene in Pasadena is diverse and vibrant, with a range of restaurants serving different cuisines. Some popular spots include Jimmy Changas, Andy's Hawg Wild Bar-B-Que, and Pine Street Cafe. There are also plenty of great food trucks and casual eateries serving everything from seafood to barbecue.
What are the pros and cons of living in Pasadena?
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The pros of living in Pasadena include its affordable housing, scenic parks and outdoor spaces, and a growing food scene. However, some cons include traffic and congestion, especially during rush hour, and limited job opportunities in certain industries. Overall, Pasadena offers a great balance of small-town charm and urban amenities.
Is Pasadena a good place to live?
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Pasadena is a great place to live for those who value a mix of outdoor recreation, cultural attractions, and small-town charm. While it may have some drawbacks, such as traffic and limited job opportunities, the city's affordable housing, scenic parks, and growing food scene make it an attractive option for families, young professionals, and retirees alike.
⭐ 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 Pasadena TX Commercial Property: $46,058
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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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