Spokane, LA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Spokane, Louisiana Market population: 209K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Spokane WA Properties: 0.9500%
⭐ 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 Spokane WA
Common questions from investors exploring commercial real estate in Spokane WA.
What is the overall investment potential of Spokane, WA, considering its demographic and economic factors?
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The city's median household income of $42,092, combined with a poverty rate of 17.3% and a high health insurance coverage of 92.1%, suggests a stable market with a mix of working-class and more affluent residents. The top industries, including Public Administration and Finance & Insurance, also indicate a diverse economy, while the median property value of $160,500 and homeownership rate of 56.4% provide opportunities for real estate investment. Additionally, the city's ethnic diversity, with a population that is 44.9% White and 43.2% White Non-Hispanic, contributes to a vibrant cultural scene.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Spokane, WA?
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The average commute time of 19.5 minutes in Spokane, WA, is relatively short, and the top commute methods, including driving alone, working from home, and carpooling, indicate a flexible and convenient transportation system. This, combined with the high health insurance coverage rate of 92.1%, suggests a high quality of life for residents, making the city an attractive location for potential renters and investors. Furthermore, the employed population of 93,051 and the top industries, such as Information and Finance & Insurance, contribute to a stable job market.
What are the implications of the poverty rate and income inequality on the rental market and tenant quality in Spokane, WA?
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The poverty rate of 17.3% in Spokane, WA, is relatively high, but when combined with the median household income of $42,092 and the high health insurance coverage rate of 92.1%, it suggests a working-class market with employment stability. The Gini coefficient of 0.456 indicates some income inequality, but the overall economic diversity and the top industries, including Public Administration and Finance & Insurance, contribute to a stable rental market with a mix of tenant profiles.
How does the ethnic diversity and cultural scene in Spokane, WA, impact the demand for housing and real estate investment opportunities?
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The ethnic diversity in Spokane, WA, with a population that is 44.9% White, 43.2% White Non-Hispanic, and 3.5% Two Or More, contributes to a vibrant cultural scene, which can drive demand for housing and real estate investment opportunities. The median property value of $160,500 and the homeownership rate of 56.4% also indicate a relatively affordable housing market, making it attractive to a diverse range of buyers and renters. Additionally, the top industries, including Information and Finance & Insurance, and the employed population of 93,051, contribute to a stable economy and job market.
What are the key factors to consider when evaluating the potential return on investment (ROI) for real estate investments in Spokane, WA?
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When evaluating the potential ROI for real estate investments in Spokane, WA, key factors to consider include the median property value of $160,500, the median property taxes of $1,526, and the homeownership rate of 56.4%. Additionally, the poverty rate of 17.3%, the health insurance coverage rate of 92.1%, and the top industries, including Public Administration and Finance & Insurance, should be taken into account. The average commute time of 19.5 minutes and the top commute methods also impact the quality of life and desirability of the area, ultimately affecting the potential ROI for real estate investments.
Spokane WA Real Estate & City Facts
Key facts and real estate information about Spokane WA.
What is the best way to get around Spokane, WA?
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The best way to get around Spokane, WA, is by driving, as the city has a relatively low population density and a comprehensive road network. However, there are also public transportation options available, including buses and a downtown trolley.
What are some popular attractions in Spokane, WA?
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Some popular attractions in Spokane, WA, include Riverfront Park, the Northwest Museum of Arts and Culture, and the Spokane Falls. The city is also surrounded by natural beauty, with numerous parks, trails, and waterways to explore.
What is the climate like in Spokane, WA?
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The climate in Spokane, WA, is continental, with cold winters and warm summers. The city experiences a significant amount of rainfall throughout the year, with an average annual precipitation of around 17 inches.
What are the top industries in Spokane, WA?
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The top industries in Spokane, WA, include healthcare, education, and government, as well as a growing tech sector. The city is also home to a number of major employers, including Fairchild Air Force Base and the Spokane School District.
What is the cost of living in Spokane, WA?
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The cost of living in Spokane, WA, is relatively low compared to other major cities in the United States. The median home price is around $160,000, and the overall cost of living index is around 94, which is slightly lower than the national average.
⭐ 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 Spokane WA Commercial Property: $42,092
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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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