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Wilson, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wilson, Pennsylvania Market population: 49K. Explore income-producing properties with verified cap rates and operating...

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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 Wilson NC Properties: 1.1200%

πŸ“Š Average Income For Wilson NC Commercial Property: $37,676

Investor Questions For Wilson NC

Common questions from investors exploring commercial real estate in Wilson NC.

What's the overall investment potential of Wilson, NC, considering its demographics and economy? +
With a median household income of $37,676 and a poverty rate of 24.2%, Wilson, NC presents a mixed bag for investors. However, the city's diverse population, including a significant Black and White population, and a foreign-born rate of 8.5%, suggests a culturally rich and potentially vibrant market. The top industries, such as Finance & Insurance and Public Administration, also indicate a stable employment base.
How does the city's commute time and health insurance coverage impact the quality of life for renters? +
The average commute time of 18.1 minutes in Wilson, NC is relatively short, and the fact that 86.0% of the population has health insurance coverage suggests a high quality of life. This, combined with a low poverty rate compared to other similar cities, makes Wilson an attractive location for renters who value convenience and access to healthcare.
What are the implications of the city's homeownership rate and median property value for real estate investors? +
With a homeownership rate of 50.0% and a median property value of $131,000, Wilson, NC offers a relatively affordable market for investors. The median property taxes of $9,781 are also a consideration, but the overall affordability and potential for appreciation make it an attractive option for those looking to invest in the city's real estate market.
How does the city's ethnic diversity and industry base impact market demand? +
The diverse population of Wilson, NC, with top ethnicities including Black, White, and White Non-Hispanic, suggests a strong demand for housing and commercial properties. The city's top industries, such as Finance & Insurance and Information, also indicate a growing and stable economy, which can drive demand for real estate and support long-term investment growth.
What's the overall assessment of Wilson, NC as a real estate investment destination, considering its poverty rate, health insurance coverage, and commute time? +
Taking into account the 24.2% poverty rate, 86.0% health insurance coverage, and 18.1-minute average commute time, Wilson, NC appears to be a city with a working-class population and relatively stable employment. The health insurance coverage and short commute time suggest a high quality of life, making it an attractive location for renters and potentially a good investment opportunity for real estate investors.

Wilson NC Real Estate & City Facts

Key facts and real estate information about Wilson NC.

What are some of the best neighborhoods to live in Wilson? +
Some of the best neighborhoods to live in Wilson include Glenwood Hills/Valleydale, Brentwood, and West Nash Street. These neighborhoods are known for being peaceful, well-maintained, and having beautiful houses. Additionally, neighborhoods like Walton Street and surrounding blocks feature a mix of historic homes and more affordable options for those seeking central location benefits.
What are some fun things to do in Wilson? +
There are plenty of fun things to do in Wilson, including visiting the Vollis Simpson Whirligig Park, which features iconic wind-powered sculptures, and exploring the North Carolina Baseball Museum. You can also enjoy outdoor activities like biking, fishing, and paddling at Lake Wilson or visit the Wilson Botanical Gardens. For some unique experiences, check out the Southern National Motorsports Park or take a stroll along the Tar River.
What is the food scene like in Wilson? +
The food scene in Wilson is vibrant and diverse, with a range of options to suit every taste. You can find great barbecue at Parker's Barbecue, fine dining at Daniel's Casual Fine Dining or Lilyann's Steakhouse, and delicious Mexican food at La Rancherita. There are also plenty of great restaurants serving American cuisine, like Bill's Grill and The Beefmastor Inn. Additionally, don't miss out on the seafood at Da Bayou or the Italian food at Paul's of New York Italian Restaurant.
What are the pros and cons of living in Wilson? +
Wilson has its pros and cons. On the plus side, it has a unique blend of historic charm and modern amenities, a growing real estate sector, and a variety of outdoor activities to enjoy. However, like many cities, it also faces challenges such as a higher poverty rate and crime rate. The cost of living is relatively low, but the median household income is also lower than in some other cities. Overall, Wilson can be a great place to live for those who value its small-town feel and community vibe.
Is Wilson a good place to live? +
Whether Wilson is a good place to live depends on your individual priorities and preferences. If you're looking for a city with a strong sense of community, a low cost of living, and plenty of outdoor activities, Wilson might be a great fit. However, if you're concerned about crime rates or prefer a more urban lifestyle, you might want to consider other options. Ultimately, Wilson has its unique charms and challenges, and it's up to each person to decide whether it's the right place for them.
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