Severn, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Severn, North Carolina Market population: 45K. Explore income-producing properties with verified cap rates and...
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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 Severn MD Properties: 0.9100%
⭐ 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 Severn MD
Common questions from investors exploring commercial real estate in Severn MD.
What is the overall investment outlook for Severn, MD, considering its demographic and economic factors?
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The combination of a relatively low poverty rate of 6.6%, high median household income of $89,978, and a strong employment population of 22,832 suggests a stable and attractive market for real estate investment in Severn, MD. Additionally, the top industries, including Public Administration and Professional, Scientific, & Management, & Administrative & Waste Management Services, contribute to a diverse economy. The city's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Black, also indicates a potentially robust demand for housing.
How does the quality of life in Severn, MD, impact its real estate market?
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The average commute time of 30 minutes, coupled with a high health insurance coverage rate of 94.2%, suggests that residents have a relatively good quality of life, which can contribute to a stable real estate market. Furthermore, the median property value of $332,200 and median property taxes of $11,829 indicate a potentially lucrative market for investors, especially when considering the city's low poverty rate and high median household income.
What role does ethnic diversity play in shaping the demand for real estate in Severn, MD?
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The ethnic diversity in Severn, MD, with significant populations of White, White Non-Hispanic, and Black residents, can contribute to a strong and diverse demand for housing. This diversity, combined with the city's top industries, including Information and Professional services, suggests a potentially vibrant and growing market. Moreover, the relatively low poverty rate of 6.6% and high health insurance coverage rate of 94.2% indicate a stable and attractive environment for real estate investment.
How do the commute methods and times in Severn, MD, affect the real estate market?
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The top commute methods, including Drove Alone, Worked At Home, and Carpooled, along with an average commute time of 30 minutes, suggest that residents have relatively convenient access to employment opportunities. This, combined with the city's low poverty rate, high median household income, and strong employment population, contributes to a stable and attractive real estate market. Additionally, the high homeownership rate of 72% indicates a potentially strong demand for housing.
What are the key factors that contribute to the stability and attractiveness of the real estate market in Severn, MD?
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The combination of a low poverty rate of 6.6%, high median household income of $89,978, and a strong employment population of 22,832, along with a diverse economy and ethnic diversity, contributes to the stability and attractiveness of the real estate market in Severn, MD. Furthermore, the high health insurance coverage rate of 94.2%, relatively low income inequality with a GINI coefficient of 0.376, and high median property value of $332,200 also suggest a potentially lucrative and stable market for real estate investment.
Severn MD Real Estate & City Facts
Key facts and real estate information about Severn MD.
What are some of the best neighborhoods to live in Severn?
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Some of the best neighborhoods to live in Severn include those near the Arundel Mills area, which offers a variety of housing options and convenient access to shopping and dining. Other neighborhoods, such as those near the Baltimore-Washington Parkway, offer a more suburban feel with easy commuting options to nearby cities.
What are some fun things to do in Severn?
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Severn has a variety of attractions and activities to enjoy, including visiting the Arundel Mills mall, catching a show at the nearby Rams Head Center Stage, or exploring the surrounding parks and trails. You can also grab a bite to eat at one of the many local restaurants, such as Gianni's Pizza and Subs or Carlson's Donuts.
What is the food scene like in Severn?
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The food scene in Severn is diverse and offers a range of options, from classic American cuisine at Copper Canyon Grill to sushi at Ichiban Hibachi & Sushi. There are also plenty of great food trucks and casual eateries, such as Chick-fil-A, to grab a quick bite on the go. For a taste of Maryland's famous seafood, you can head to nearby Annapolis or Baltimore.
What are the pros and cons of living in Severn?
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Pros of living in Severn include its convenient location near major highways and cities, a variety of housing options, and a range of amenities and attractions. However, some cons include traffic and congestion in certain areas, particularly during rush hour, and limited public transportation options. Additionally, some residents may find the area to be overly suburban or lacking in certain cultural or entertainment options.
Is Severn a good place to live?
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Overall, Severn can be a great place to live for those who value convenience, affordability, and a suburban lifestyle. While it may not offer the same level of urban excitement or cultural attractions as nearby cities, it provides a comfortable and accessible place to call home, with plenty of opportunities for outdoor recreation, dining, and entertainment.
⭐ 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 Severn MD Commercial Property: $89,978
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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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