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South Run, VA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in South Run, Virginia Market population: 6K. Compare commercial properties across all major asset classes...

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⭐ Featured

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 South Run VA Properties: 1.0100%

πŸ“Š Average Income For South Run VA Commercial Property: $181,100

Investor Questions For South Run VA

Common questions from investors exploring commercial real estate in South Run VA.

What's the overall investment outlook for South Run, VA? +
The combination of a high median household income of $181,100, low poverty rate of 1.8%, and excellent health insurance coverage of 97.2% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the local economy impact real estate demand? +
The top industries in South Run, including Educational Services and Health Care, contribute to a diverse economy, while the high median property value of $681,200 and low poverty rate indicate a strong demand for housing, driven by a population with a median age of 45.9 and a high employment rate of 3,361.
What are the key factors influencing tenant quality in South Run? +
The low poverty rate of 1.8% combined with high health insurance coverage of 97.2% and a relatively short average commute time of 35 minutes suggests a working-class market with employment stability, making it an attractive location for renters and investors alike.
How does the ethnic diversity of South Run impact market demand? +
The diverse population of South Run, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant community, while the high median household income and low poverty rate indicate a strong demand for housing, driven by a population with a high level of economic stability and a low GINI coefficient of 0.294.
What role do commute times and transportation options play in South Run's investment potential? +
The average commute time of 35 minutes, combined with popular commute methods like driving alone, working from home, and carpooling, suggests a convenient and flexible transportation network, which, along with the high homeownership rate of 94% and median property value of $681,200, contributes to a stable and attractive real estate market.

South Run VA Real Estate & City Facts

Key facts and real estate information about South Run VA.

What are some of the best neighborhoods to live in South Run? +
Some of the best neighborhoods to live in South Run include the areas near Lake Mercer, where traditional townhouses generally sell for $710,000 to $780,000, and the community has a low crime rate with a CAP Index Crime Score of 1 out of 10.
What are some fun things to do in South Run? +
South Run has a lot to offer, including the South Run District Park, a nearly 200-acre green space with outdoor and indoor attractions, featuring a playground, athletic facilities, a fenced-in dog park, and a recreation center with an indoor pool and gym, as well as the Go Ape Zipline & Adventure Park.
What is the food scene like in South Run? +
Unfortunately, the search results did not provide specific information about the food scene in South Run, but there are likely plenty of great restaurants and eateries in the area, and there are also plenty of great food trucks and other dining options in the surrounding Fairfax County area.
What are the pros and cons of living in South Run? +
The pros of living in South Run include its low crime rate, beautiful neighborhoods, and plenty of outdoor recreational opportunities, while the cons include the potential for high housing costs and competitive market, as well as some noise from large roads outside the neighborhood.
Is South Run a good place to live? +
Overall, South Run seems to be a great place to live, with its beautiful neighborhoods, low crime rate, and plenty of outdoor recreational opportunities, making it an attractive option for those looking for a safe and enjoyable place to call home.
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