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Wake Village, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wake Village, Texas Market population: 5K. 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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Wake Village TX Properties: 2.0100%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Wake Village TX

Common questions from investors exploring commercial real estate in Wake Village TX.

What's the overall investment potential of Wake Village, TX? +
Wake Village, TX offers a stable investment market with a median household income of $47,975, a relatively high poverty rate of 17.7%, and a strong health insurance coverage rate of 81.5%, indicating a working-class market with employment stability and access to healthcare. The top industries, including Manufacturing and Finance & Insurance, also suggest a diverse economy. With a median property value of $119,500 and median property taxes of $1,545, the housing market seems affordable for investors.
How does the demographic diversity of Wake Village impact rental demand? +
The ethnic diversity of Wake Village, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant community that can attract a wide range of renters. The foreign born rate of 14.5% also indicates a potential for international investment and rental interest. Additionally, the median age of 34.2 and employed population of 2,421 suggest a strong workforce that can support rental demand.
What are the key factors influencing the quality of life for renters in Wake Village? +
The average commute time of 14.5 minutes and top commute methods, including driving alone and carpooling, indicate a convenient and relatively quick travel time to work and other amenities. The health insurance coverage rate of 81.5% also suggests that renters have access to healthcare, which is an important aspect of quality of life. Furthermore, the median gross rent of $844 and rent burden of 28.5% provide insight into the affordability of housing for renters.
How does the local economy impact the real estate investment potential of Wake Village? +
The top industries in Wake Village, including Manufacturing, Finance & Insurance, and Construction, contribute to a diverse economy that can support a range of jobs and investment opportunities. The median household income of $47,975 and employed population of 2,421 also indicate a stable workforce that can support rental demand and local economic growth. Additionally, the GINI coefficient of 0.46 suggests a relatively equal distribution of income, which can contribute to a stable and sustainable local economy.
What are the implications of the poverty rate and health insurance coverage for real estate investors in Wake Village? +
The poverty rate of 17.7% in Wake Village, combined with a health insurance coverage rate of 81.5%, suggests a working-class market with employment stability and access to healthcare. This can be an attractive feature for real estate investors, as it indicates a potential for stable rental income and a relatively low risk of tenant default. Additionally, the homeownership rate of 66.1% and median property value of $119,500 provide insight into the housing market and potential for investment returns.

Wake Village TX Real Estate & City Facts

Key facts and real estate information about Wake Village TX.

What are some of the best neighborhoods to live in Wake Village? +
Some of the best neighborhoods to live in Wake Village include Summer Ridge, which is known for its friendly atmosphere and safety. Wake Village also features many mid-century houses on modest lots with some newer infill, and outlying areas near the lake offer a more rural feel. However, it's worth noting that the most desired areas tend to be in the northwest parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in Wake Village? +
There are plenty of fun things to do in Wake Village, including visiting Lake Catherine State Park and Caddo Lake State Park for outdoor activities like hiking, camping, and fishing. You can also explore the Texarkana area, which offers a variety of attractions such as the Perot Theatre, Spring Lake Park, and the Texarkana Convention Center. Additionally, the city has a lively downtown area with shops, restaurants, and live music venues like Crossties and The Duke Bar & Grill.
What is the food scene like in Wake Village? +
The food scene in Wake Village is diverse and delicious, with a range of options to suit every taste. Some popular restaurants in the area include Zapatas for Tex-Mex, Naaman's BBQ for delicious barbecue, and Reyna's Cafe for homestyle cooking. There are also plenty of great food trucks and local eateries to try, and the city is known for its vibrant food culture.
What are the pros and cons of living in Wake Village? +
The pros of living in Wake Village include its friendly and safe community, affordable housing options, and easy access to outdoor recreation areas. However, some cons include the limited job opportunities and lower median household income compared to other cities in the region. Additionally, the city's rural location may make it difficult to access certain amenities or services, but overall, Wake Village is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Wake Village a good place to live? +
Wake Village is a great place to live for those who value a small-town feel and easy access to outdoor recreation areas. The city has a strong sense of community, with friendly residents and a range of local events and activities to enjoy. While it may not offer all the amenities and job opportunities of a larger city, Wake Village is a wonderful choice for families, retirees, and anyone looking for a relaxed and peaceful 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

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Wake Village TX Commercial Property: $47,975

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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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
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