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Pine Ridge, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pine Ridge, Pennsylvania Market population: 9K. Explore income-producing properties with verified cap rates and...

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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 Pine Ridge FL Properties: 4.3450%

πŸ“Š Average Income For Pine Ridge FL Commercial Property: $54,075

Investor Questions For Pine Ridge FL

Common questions from investors exploring commercial real estate in Pine Ridge FL.

What's the overall investment potential of Pine Ridge, FL? +
Pine Ridge, FL offers a stable investment market with a median household income of $54,075, a relatively low poverty rate of 11.1%, and a high health insurance coverage rate of 96.2%, indicating a reliable tenant base. The top industries, including Finance & Insurance and Professional, Scientific, & Management, also suggest a strong and diverse economy. With a median property value of $232,400 and a high homeownership rate of 87.0%, the area shows promise for real estate investment.
How does the local economy impact rental demand in Pine Ridge, FL? +
The local economy in Pine Ridge, FL, driven by industries like Finance & Insurance and Arts, Entertainment, & Recreation, contributes to a stable rental market. The employed population of 2,614 and a median household income of $54,075, combined with a low poverty rate of 11.1% and high health insurance coverage of 96.2%, suggest a reliable tenant base with the means to pay rent. This economic stability, along with the area's ethnic diversity, including a significant White and White Non-Hispanic population, supports a consistent demand for rentals.
What are the key factors influencing property values in Pine Ridge, FL? +
Property values in Pine Ridge, FL, are influenced by several key factors, including the median household income of $54,075, the low poverty rate of 11.1%, and the high health insurance coverage rate of 96.2%, which together indicate a stable and desirable area. The median property value of $232,400 and median property taxes of $3,696 also play a role, as does the area's high homeownership rate of 87.0% and the average commute time of 23.5 minutes, which affects quality of life and, consequently, property values.
How does the demographic makeup of Pine Ridge, FL, impact real estate investment? +
The demographic makeup of Pine Ridge, FL, characterized by a median age of 62.4, a foreign-born rate of 4.5%, and top ethnicities including White and White Non-Hispanic, suggests a relatively stable and mature community. This demographic, combined with a high health insurance coverage rate of 96.2% and a low poverty rate of 11.1%, indicates a reliable and consistent market for real estate investment. The GINI coefficient of 0.421 also provides insight into income inequality, which can affect market demand and stability.
What role does quality of life play in the attractiveness of Pine Ridge, FL, for real estate investment? +
Quality of life in Pine Ridge, FL, significantly impacts its attractiveness for real estate investment. Factors such as the average commute time of 23.5 minutes, the prevalence of driving alone and working from home as top commute methods, and the high health insurance coverage rate of 96.2% all contribute to a desirable living environment. This, combined with the area's economic stability, including a median household income of $54,075 and a diverse range of top industries, makes Pine Ridge, FL, an attractive location for both residents and investors.

Pine Ridge FL Real Estate & City Facts

Key facts and real estate information about Pine Ridge FL.

What are some of the best neighborhoods to live in Pine Ridge? +
Some of the best neighborhoods to live in Pine Ridge, FL include Pine Ridge Estates, which is a great location for families and offers proximity to Sea Gate Elementary School and the community. Other neighborhoods like those mentioned in Best Neighborhoods in Pine Ridge, FL by Home Value, are also great options to consider.
What are some fun things to do in Pine Ridge? +
There are plenty of fun things to do in Pine Ridge, FL, such as visiting Fort Island Trail Beach, Monkey Island, and Barefoot Beach. You can also take a 3 Hour Keewaydin Island Shelling Adventure or a 2 Hour Naples Sunset Adventure. Additionally, Phillips Community Park offers sports facilities and outdoor activities.
What is the food scene like in Pine Ridge? +
The food scene in Pine Ridge, FL is diverse and offers a range of options. You can find fresh seafood, international cuisine, and Florida-style cooking. Some popular restaurants include Katch Twenty Two, New England Pastry & Cafe, Jimmy T's New York Deli, and Red's Restaurant. There are also plenty of great food trucks and cafes to try.
What are the pros and cons of living in Pine Ridge? +
The pros of living in Pine Ridge, FL include its affordable homes, luxury homes, and great location. However, some cons include the potential for traffic and crowds during tourist season. Overall, Pine Ridge is a great place to live, with a strong sense of community and plenty of outdoor activities to enjoy.
Is Pine Ridge a good place to live? +
Yes, Pine Ridge is a good place to live, offering a unique blend of natural beauty, outdoor recreation, and small-town charm. With its affordable homes, great schools, and plenty of things to do, it's an ideal location for families, retirees, and anyone looking for a relaxed pace of life. However, as with any place, it's essential to weigh the pros and cons and consider factors like traffic, crowds, and personal preferences before making a decision.
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