White Plains, NC High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in White Plains, North Carolina Market population: 57K. Compare commercial properties across all major asset...
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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 White Plains NY Properties: 0.3600%
⭐ 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 White Plains NY
Common questions from investors exploring commercial real estate in White Plains NY.
What is the overall investment potential of White Plains, NY?
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With a median household income of $80,701, a relatively low poverty rate of 10.8%, and a high health insurance coverage rate of 89.6%, White Plains presents a stable investment market, further supported by its diverse economy with top industries in Information, Finance & Insurance, and Manufacturing.
How does the city's demographic diversity impact rental demand?
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The city's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Hispanic, combined with a foreign-born rate of 34.6%, suggests a vibrant and culturally rich community that can attract a wide range of renters, potentially supporting a strong rental market.
What are the implications of the city's commute times and methods for investors?
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The average commute time of 26.3 minutes, coupled with the top commute methods being driving alone, working from home, and using public transit, indicates a well-connected city with flexible commuting options, which can enhance the quality of life for residents and thus support property values and rental yields.
How does the poverty rate and health insurance coverage affect tenant quality?
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The 10.8% poverty rate combined with 89.6% health insurance coverage suggests a working-class market with employment stability and access to healthcare, which can lead to more reliable tenants and reduced vacancy rates for investors.
What role do the city's economic indicators play in real estate investment decisions?
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The median property value of $495,200, median property taxes of $11,791, and a homeownership rate of 52.2%, along with an employed population of 30,473 and a GINI coefficient of 0.491, provide a comprehensive view of the city's economic stability and potential for property appreciation, making it an attractive location for real estate investments.
White Plains NY Real Estate & City Facts
Key facts and real estate information about White Plains NY.
What are some of the best neighborhoods to live in White Plains?
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Some of the best neighborhoods to live in White Plains include Downtown White Plains, The Highlands, Gedney Farms, Fisher Hill, and North White Plains. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in White Plains?
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There are plenty of fun things to do in White Plains, including visiting the White Plains Performing Arts Center, exploring Saxon Woods Park, and checking out the local restaurants and shops on Mamaroneck Avenue. You can also take a train to New York City or visit nearby attractions like the Capitol Theatre and Old Croton Aqueduct State Park.
What is the food scene like in White Plains?
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The food scene in White Plains is diverse and vibrant, with a range of restaurants serving everything from upscale American cuisine to international flavors. Some popular spots include Shiraz Kitchen & Wine Bar, The Melting Pot, and City Limits Diner. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in White Plains?
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The pros of living in White Plains include its convenient location, diverse community, and plenty of amenities like parks, restaurants, and cultural attractions. However, some cons include the high cost of living, traffic and parking challenges, and limited nightlife options. Overall, White Plains is a great choice for those who want to balance suburban comfort with urban accessibility.
Is White Plains a good place to live?
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White Plains can be a great place to live, depending on your individual needs and preferences. It offers a unique blend of small-town charm and big-city amenities, with a diverse community and plenty of things to see and do. While it may not be the best fit for everyone, White Plains is definitely worth considering for those who want to experience the best of both worlds.
⭐ 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 White Plains NY Commercial Property: $80,701
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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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