Snohomish, WA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Snohomish, Washington Market population: 9K. 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 Snohomish WA Properties: 0.7900%
⭐ 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 Snohomish WA
Common questions from investors exploring commercial real estate in Snohomish WA.
What's the overall investment potential of Snohomish, WA, considering its demographics and economy?
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Snohomish, WA, with a population of 9,246 and a median age of 39.7, presents a stable investment market, given its median household income of $53,038 and a relatively low poverty rate of 10.1%, which is further bolstered by a high health insurance coverage rate of 92.0% and a diverse economy led by professional services and public administration.
How does the ethnic diversity and industry mix in Snohomish impact the demand for real estate?
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The ethnic diversity in Snohomish, with top ethnicities being White (45.8%), White Non-Hispanic (44.1%), and Hispanic (3.6%), combined with its industry mix of professional services, public administration, and information, suggests a robust and varied demand for real estate, potentially driven by a stable workforce with a median commute time of 29.1 minutes and a preference for driving alone or carpooling.
What are the implications of Snohomish's commute times and health insurance coverage for real estate investors?
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The average commute time of 29.1 minutes in Snohomish, along with a high health insurance coverage rate of 92.0%, indicates a population with stable employment and access to healthcare, which can contribute to a reliable tenant base and lower vacancy rates, making it an attractive consideration for real estate investors looking for market stability.
How does the poverty rate and income inequality in Snohomish affect the quality of tenants and property values?
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Snohomish's poverty rate of 10.1% and a GINI coefficient of 0.419 suggest a relatively balanced income distribution, which, when combined with a high median property value of $274,400 and a significant homeownership rate of 54.6%, indicates a market with potential for property appreciation and a pool of tenants with stable income, thus supporting investment in real estate.
What role does the foreign-born rate and top industries play in assessing the growth potential of Snohomish's real estate market?
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The foreign-born rate of 7.8% in Snohomish, although relatively low, contributes to the area's cultural diversity, and when considered alongside the top industries of professional services, public administration, and information, it suggests a market with potential for growth driven by a skilled and diverse workforce, which can lead to increased demand for housing and, consequently, a positive impact on real estate investments.
Snohomish WA Real Estate & City Facts
Key facts and real estate information about Snohomish WA.
What are some of the best neighborhoods to live in Snohomish?
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Some of the best neighborhoods to live in Snohomish include Woodway, Mill Creek, and Edmonds. These neighborhoods offer a mix of small-town charm and modern convenience, with easy access to scenic trails, parks, and the vibrant city life of Seattle. For families, neighborhoods like Echo Lake Community are highly recommended for their friendliness, peacefulness, and quiet atmosphere.
What are some fun things to do in Snohomish?
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There are plenty of fun things to do in Snohomish, including visiting the Historic Downtown Snohomish, exploring the Centennial Trail, and enjoying the Lord Hill Regional Park. You can also check out the Snohomish County Tourism website for more information on attractions and activities, such as goat yoga, giant toys, high ropes courses, or an iconic Washington State ferry outing. Additionally, the Mukilteo lighthouse and Jetty Island are must-see attractions in the area.
What is the food scene like in Snohomish?
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The food scene in Snohomish is vibrant and diverse, with a range of restaurants serving everything from seafood to pasta. Some popular restaurants include Andy's Fish House, Brava's Pizza & Pasta, and The Repp. You can also find great brunch spots like Heidi's Sandwichboard restaurant. There are also plenty of great food trucks and cafes in the area, offering a variety of cuisines to suit every taste and budget.
What are the pros and cons of living in Snohomish?
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The pros of living in Snohomish include its small-town charm, scenic trails and parks, and easy access to the vibrant city life of Seattle. However, some cons include the potential for traffic and congestion, especially during commute hours. Additionally, the area may not be as walkable as some other cities, although the City of Snohomish is relatively walkable. Overall, Snohomish offers a great balance of natural beauty, outdoor recreation, and urban amenities.
Is Snohomish a good place to live?
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Yes, Snohomish is a good place to live, offering a unique blend of small-town charm and modern convenience. With its scenic trails, parks, and easy access to Seattle, Snohomish is an attractive option for families, outdoor enthusiasts, and commuters alike. While it may have some drawbacks, such as traffic and congestion, the area's natural beauty, friendly community, and vibrant food scene make it a great place to call home.
⭐ 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 Snohomish WA Commercial Property: $53,038
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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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