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Summerville, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Summerville, Pennsylvania Market population: 44K. Compare commercial properties across all major asset classes with...

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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 Summerville SC Properties: 0.5400%

πŸ“Š Average Income For Summerville SC Commercial Property: $55,256

Investor Questions For Summerville SC

Common questions from investors exploring commercial real estate in Summerville SC.

What is the overall investment potential of Summerville, SC, considering its demographic and economic factors? +
The combination of a relatively low poverty rate of 11.1%, a high health insurance coverage rate of 89.0%, and a strong median household income of $55,256 suggests a stable investment market in Summerville, SC, with a diverse population of White, White Non-Hispanic, and Black residents, and top industries in Finance & Insurance, and Real Estate & Rental & Leasing.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Summerville, SC? +
The average commute time of 28.0 minutes, with top commute methods including Drove Alone, Worked At Home, and Carpooled, indicates a relatively convenient and flexible transportation infrastructure, which, combined with a high health insurance coverage rate of 89.0% and a low poverty rate of 11.1%, suggests a high quality of life for residents and potential renters in Summerville, SC.
What role do ethnic diversity and top industries play in shaping the demand for real estate in Summerville, SC? +
The diverse population of Summerville, SC, with top ethnicities including White, White Non-Hispanic, and Black, and top industries in Finance & Insurance, and Real Estate & Rental & Leasing, suggests a strong and stable demand for real estate, driven by a mix of local and professional workers, with a median household income of $55,256 and a relatively low poverty rate of 11.1%.
How do the median property value and property taxes in Summerville, SC, impact the attractiveness of the area for real estate investors? +
The median property value of $180,600 and median property taxes of $10,363 in Summerville, SC, combined with a high homeownership rate of 65.5% and a relatively low poverty rate of 11.1%, suggest a stable and attractive market for real estate investors, with a strong potential for long-term appreciation and rental income, driven by a diverse population and top industries in Finance & Insurance, and Real Estate & Rental & Leasing.
What are the implications of the GINI coefficient and income inequality for real estate investors in Summerville, SC? +
The GINI coefficient of 0.393 in Summerville, SC, indicates a moderate level of income inequality, which, combined with a relatively low poverty rate of 11.1% and a high health insurance coverage rate of 89.0%, suggests that real estate investors should focus on targeting the middle and upper-middle class segments of the market, with a median household income of $55,256 and top industries in Finance & Insurance, and Real Estate & Rental & Leasing.

Summerville SC Real Estate & City Facts

Key facts and real estate information about Summerville SC.

What are some of the best neighborhoods to live in Summerville? +
Some of the best neighborhoods to live in Summerville include Nexton, Summers Corner, Taylor Farms, Watson Hill, Carnes Crossroads, and Cane Bay. Each neighborhood has its own unique character and amenities, so it's worth doing some research to find the one that best fits your needs and lifestyle. For example, Nexton is a master-planned community with a variety of housing options, while Cane Bay Plantation is a family-friendly neighborhood with plenty of outdoor spaces.
What are some fun things to do in Summerville? +
There are plenty of fun things to do in Summerville, including exploring the historic downtown area, visiting the Colonial Dorchester State Historic Site, and checking out the local restaurants and shops. You can also visit the Azalea Park & Sculpture Garden, or take a stroll along the Oakbrook Village Green. If you're looking for something more adventurous, you can try hiking at the nearby Francis Marion National Forest or kayaking on the Ashley River. And of course, no visit to Summerville would be complete without trying some of the local barbecue and sweet tea!
What is the food scene like in Summerville? +
The food scene in Summerville is a mix of traditional Southern cuisine and modern twists on classic dishes. You can find everything from barbecue and burgers to seafood and salads. Some popular restaurants include Swig&Swine, Toast! All Day Summerville, and Five Loaves Cafe. There are also plenty of great food trucks and cafes serving up everything from tacos to ice cream. And if you're looking for a unique dining experience, you can try one of the local wineries or breweries.
What are the pros and cons of living in Summerville? +
The pros of living in Summerville include its small-town charm, historic downtown area, and plenty of outdoor spaces. The city also has a strong sense of community, with plenty of festivals and events throughout the year. However, some cons include the traffic on I-26, which can get congested during rush hour, and the limited job opportunities in certain industries. Additionally, some areas of the city can be prone to flooding during heavy rainfall. Overall, though, Summerville is a great place to live for those who value a relaxed, small-town lifestyle.
Is Summerville a good place to live? +
Summerville is a great place to live for those who value a small-town lifestyle with plenty of outdoor spaces and a strong sense of community. The city has a lot to offer, from its historic downtown area to its many parks and recreational facilities. While there are some drawbacks, such as traffic and limited job opportunities, the pros outweigh the cons for many people. Ultimately, whether or not Summerville is a good place to live depends on your individual priorities and preferences. But for those who are looking for a relaxed, family-friendly community with a lot of character, Summerville is definitely worth considering.
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