Richland, SD Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Richland, South Dakota Market population: 55K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Richland WA Properties: 82.0000%
⭐ 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 Richland WA
Common questions from investors exploring commercial real estate in Richland WA.
What is the overall quality of life in Richland, WA, and how does it impact the real estate market?
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The 19.5-minute average commute time and 95.5% health insurance coverage in Richland, WA, indicate a high quality of life, which can lead to a stable and attractive real estate market for investors, especially when combined with a relatively low poverty rate of 9.1% and a strong median household income of $69,398.
How does the demographic diversity of Richland, WA, influence the demand for real estate?
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The city's ethnic diversity, with 81.2% White, 14.1% Hispanic, and 4.3% Asian populations, contributes to a vibrant community, and when paired with top industries like Public Administration, Healthcare & Social Assistance, and Retail Trade, it creates a robust demand for real estate, driven by a diverse and employed population of 23,225.
What are the key factors that affect the rental market in Richland, WA?
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The 73.2% homeownership rate and $283,400 median property value suggest a strong owner-occupied market, but the 9.1% poverty rate and $69,398 median household income also indicate a potential for rental demand, particularly when considering the 19.5-minute average commute time and the fact that 83.1% of residents drove alone to work, highlighting the need for convenient and affordable housing options.
How does the economic profile of Richland, WA, impact the attractiveness of real estate investments?
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The city's median household income of $69,398, employed population of 23,225, and top industries like Public Administration and Healthcare & Social Assistance contribute to a stable economy, which, when combined with a relatively low poverty rate of 9.1% and a high health insurance coverage rate of 95.5%, makes Richland, WA, an attractive location for real estate investments.
Richland WA Real Estate & City Facts
Key facts and real estate information about Richland WA.
What is the average commute time in Richland, WA?
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The average commute time in Richland, WA, is 19.5 minutes.
What is the median property value in Richland, WA?
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The median property value in Richland, WA, is $283,400.
What is the poverty rate in Richland, WA?
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The poverty rate in Richland, WA, is 9.1%.
What is the health insurance coverage rate in Richland, WA?
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The health insurance coverage rate in Richland, WA, is 95.5%.
⭐ 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 Richland WA Commercial Property: $69,398
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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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