Weirton, WV High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Weirton, West Virginia Market population: 20K. Compare commercial properties across all major asset classes...
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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 Weirton WV Properties: 7.0600%
⭐ 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 Weirton WV
Common questions from investors exploring commercial real estate in Weirton WV.
What's the overall investment outlook for Weirton, WV, considering its demographics and economy?
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Weirton's median household income of $38,432, combined with a poverty rate of 14.5% and a high health insurance coverage rate of 91.6%, suggests a relatively stable market with a working-class population. The top industries, including manufacturing and transportation, contribute to employment stability, while the average commute time of 24.5 minutes indicates a manageable quality of life for residents.
How does the ethnic diversity and foreign-born rate impact the local real estate market in Weirton?
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The city's ethnic diversity, with a majority of White and White Non-Hispanic populations, and a low foreign-born rate of 1.8%, may indicate a relatively homogeneous market with less cultural and linguistic diversity. However, this stability can also contribute to a predictable and steady demand for housing, especially considering the top industries and median property value of $86,000.
What are the key factors influencing the rental market in Weirton, WV?
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The rental market in Weirton is likely influenced by the city's employment opportunities in manufacturing, transportation, and utilities, as well as its relatively high homeownership rate of 67.3%. The average commute time of 24.5 minutes and the prevalence of driving alone or carpooling as commute methods suggest that renters may prioritize convenience and accessibility when choosing a location.
How does the income inequality and poverty rate affect the quality of tenants in Weirton?
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The poverty rate of 14.5% and a GINI coefficient of 0.472 indicate some level of income inequality in Weirton. However, the high health insurance coverage rate of 91.6% suggests that many residents have access to employment benefits, which can contribute to a more stable tenant base. Additionally, the median household income of $38,432 and the top industries provide a foundation for a working-class population with relatively stable employment.
What role do property taxes and property values play in the investment decision for Weirton, WV?
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The median property value of $86,000 and median property taxes of $6,076 in Weirton suggest a relatively affordable housing market with manageable tax burdens. Considering the city's stable employment base, commute times, and health insurance coverage, investors may find that the potential for long-term appreciation and rental yields makes Weirton an attractive option for real estate investment.
Weirton WV Real Estate & City Facts
Key facts and real estate information about Weirton WV.
What are some of the best neighborhoods to live in Weirton?
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Some of the best neighborhoods to live in Weirton include Weirton Heights, which is a peaceful and family-friendly neighborhood. Other options include the area near Williams Golf and Country Club, which offers quick access to recreational opportunities.
What are some fun things to do in Weirton?
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There are plenty of fun things to do in Weirton, including visiting the Weirton Area Museum and Cultural Center, playing a round of golf at Williams Country Club, and exploring the great outdoors at Hillman State Park. You can also check out the Pavilion at Star Lake in Burgettstown, PA, or try your luck at Mountaineer Casino and Race Track in Chester, WV.
What is the food scene like in Weirton?
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The food scene in Weirton is diverse and delicious, with plenty of options to suit every taste. You can find great Italian food at Giovanni's Restaurant, or try some barbecue at Dee Jay's BBQ Ribs & Grille. There are also plenty of great food trucks and family-friendly restaurants, like Bob Evans. And don't forget to check out Weirton Restaurant Week for some special deals and menus.
What are the pros and cons of living in Weirton?
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Weirton has a lot to offer, including a low cost of living, a strong sense of community, and plenty of outdoor recreational opportunities. However, the city has faced some economic challenges in recent years, and the job market may be limited in certain industries. Additionally, some areas of the city may have higher crime rates than others. Overall, Weirton can be a great place to live for those who value a small-town atmosphere and a low cost of living.
Is Weirton a good place to live?
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Weirton can be a great place to live for the right person. The city has a lot to offer, including a low cost of living, a strong sense of community, and plenty of outdoor recreational opportunities. However, it's not for everyone - the job market may be limited, and some areas of the city may have higher crime rates than others. Ultimately, whether or not Weirton is a good place to live depends on your individual priorities and preferences. If you value a small-town atmosphere and a low cost of living, Weirton may be worth considering.
⭐ 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 Weirton WV Commercial Property: $38,432
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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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