Summit View, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Summit View, Washington Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Summit View 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 Summit View WA
Common questions from investors exploring commercial real estate in Summit View WA.
What's the overall investment potential of Summit View, WA?
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With a median household income of $59,801 and a relatively low poverty rate of 12.0%, Summit View presents a stable investment market, further supported by its high health insurance coverage of 90.5% and diverse top industries including Public Administration and Manufacturing.
How does the local economy impact rental demand?
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The employed population of 3,074 and top industries like Finance & Insurance, & Real Estate & Rental & Leasing suggest a strong demand for rentals, while the average commute time of 32.9 minutes and preferred commute methods indicate a need for convenient housing options.
What are the implications of the demographic makeup on property investment?
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The median age of 29.5 and ethnic diversity, with White (42.2%) and White Non-Hispanic (39.5%) populations, point to a potentially vibrant and inclusive community, which can attract a wide range of tenants and support long-term property appreciation.
How do quality of life metrics influence market stability?
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The combination of a 32.9-minute average commute time, high health insurance coverage of 90.5%, and a poverty rate of 12.0% suggests a stable and desirable place to live, which can contribute to consistent rental income and property value growth.
What role does income inequality play in assessing investment risk?
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The GINI coefficient of 0.353, indicating moderate income inequality, combined with a median property value of $210,400 and median property taxes of $1,546, suggests that investors should consider a balanced portfolio approach to mitigate potential risks and capitalize on the area's economic and demographic strengths.
Summit View WA Real Estate & City Facts
Key facts and real estate information about Summit View WA.
What are some of the best neighborhoods to live in Summit View?
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Some of the best neighborhoods to live in Summit View include Summit View, Terrace Heights, and Central Yakima. These neighborhoods offer a mix of quiet, beautiful, and historic areas to live in.
What are some fun things to do in Summit View?
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There are plenty of fun things to do in Summit View, including visiting the Washington State Fair, exploring the Point Defiance Park, and hiking at Neahkahnie Mountain. You can also stroll along the boardwalk, visit the pier, and enjoy the scenic gondola rides.
What is the food scene like in Summit View?
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The food scene in Summit View is diverse and offers a range of options, including farm-to-table dining at Copperleaf Restaurant, brunch and bubbles at Brunch, Bliss and Bubbles, and steak and sushi at Ascend Prime Steak & Sushi. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Summit View?
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The pros of living in Summit View include its beautiful neighborhoods, plenty of outdoor activities, and a diverse food scene. However, some cons include the potential for traffic and crowds, especially during peak season. Additionally, the area may have a higher cost of living compared to other parts of the state.
Is Summit View a good place to live?
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Overall, Summit View is a great place to live, offering a mix of natural beauty, outdoor activities, and a thriving food scene. While it may have some drawbacks, the area's unique character and charm make it an attractive option for those looking to relocate to the Pacific Northwest.
⭐ 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 Summit View WA Commercial Property: $59,801
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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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