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Yorkshire, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Yorkshire, Virginia Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Yorkshire VA Properties: 78.0000%

πŸ“Š Average Income For Yorkshire VA Commercial Property: $70,183

Investor Questions For Yorkshire VA

Common questions from investors exploring commercial real estate in Yorkshire VA.

What's the overall investment potential of Yorkshire, VA, considering its demographics and economy? +
With a median household income of $70,183 and a poverty rate of 14.5%, Yorkshire, VA, presents a mixed bag for investors, but its diverse economy, led by Finance & Insurance, and Real Estate & Rental & Leasing, alongside a relatively high health insurance coverage of 75.5%, suggests a stable workforce and potential for rental income. The top ethnicities, including White, Hispanic, and White Non-Hispanic, indicate a diverse community, which can contribute to a vibrant local market. Additionally, the average commute time of 38.7 minutes, although somewhat lengthy, is mitigated by the prevalence of drove alone, carpooled, and worked at home commute methods, suggesting flexibility for residents.
How does the quality of life in Yorkshire, VA, impact its attractiveness to real estate investors? +
The quality of life in Yorkshire, VA, is characterized by an average commute time of 38.7 minutes, which, while not ideal, is manageable given the area's economic opportunities, including top industries like Finance & Insurance, and Real Estate & Rental & Leasing. The health insurance coverage rate of 75.5% and a median age of 33.5 suggest a relatively healthy and young population, which can be attractive for investors looking for a stable tenant base. Furthermore, the median property value of $235,900 and median property taxes of $1,503 provide insights into the housing market's affordability and potential for appreciation.
What role does ethnic diversity play in the demand for real estate in Yorkshire, VA? +
The ethnic diversity in Yorkshire, VA, with top ethnicities including White, Hispanic, and White Non-Hispanic, contributes to a dynamic and inclusive community, which can drive demand for real estate. This diversity, combined with a median household income of $70,183 and an employed population of 3,951, suggests a robust local economy that can support housing demand. Moreover, the GINI coefficient of 0.37 indicates a level of income inequality, but the overall economic activity and diversity can help mitigate this, making Yorkshire, VA, an attractive location for real estate investment.
How do poverty rates and health insurance coverage interact to influence the tenant quality in Yorkshire, VA? +
The poverty rate of 14.5% in Yorkshire, VA, is somewhat elevated, but when considered alongside the health insurance coverage rate of 75.5%, it suggests that many residents have access to employment opportunities that provide health benefits, indicating a level of employment stability. This combination can contribute to a more reliable tenant base for investors, as tenants with stable employment and health insurance are more likely to meet rental obligations. Additionally, the median property value of $235,900 and homeownership rate of 54.3% provide context to the housing market's stability and potential for investment.
What insights can be gleaned from the commute patterns and top industries in Yorkshire, VA, for real estate investors? +
The commute patterns in Yorkshire, VA, characterized by an average commute time of 38.7 minutes and top methods including drove alone, carpooled, and worked at home, suggest a flexible and potentially remote-work-friendly environment, which can be appealing to a wide range of tenants. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, indicate a strong economic foundation that can support housing demand. Furthermore, the foreign-born rate, although not specified, in the context of the city's ethnic diversity, may suggest a cosmopolitan appeal that can attract a variety of residents, thereby influencing real estate investment decisions.

Yorkshire VA Real Estate & City Facts

Key facts and real estate information about Yorkshire VA.

What are some of the best neighborhoods to live in Yorkshire? +
Some of the best neighborhoods to live in Yorkshire, VA include Yorkshire Village, a quiet and family-friendly neighborhood, and Yorkshire Acres, which offers a mix of housing options and a suburban vibe. Additionally, there are other neighborhoods like Yorkshire that are known for their well-kept homes and community spirit.
What are some fun things to do in Yorkshire? +
There are plenty of fun things to do in Yorkshire, VA, such as visiting the nearby school, Yorkshire Elementary, or exploring the surrounding areas like Manassas and Centreville. You can also take a road trip through Yorkshire to see fun and unusual sights, or visit attractions like Mother Shipton's Cave, Brimham Rocks, and Kilburn White Horse.
What is the food scene like in Yorkshire? +
The food scene in Yorkshire, VA is diverse and offers a range of options, including HawaU, Ktown, Taqueria Y Carniceria El Poblano, La Patrona, and Eugene's Sausage & Fries. You can also find restaurants like Trummer's Restaurant, which offers excellent hospitality and memorable dining experiences, and The Yorkshire Restaurant, a family-owned and operated establishment that has been a beloved staple in the Manassas area for over 45 years. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Yorkshire? +
The pros of living in Yorkshire, VA include its affordable apartments and homes for rent, its suburban vibe, and its proximity to nearby schools and attractions. However, some cons include the potential for traffic and congestion, especially during rush hour, and the need for a car to get around. Additionally, some areas of Yorkshire may be prone to noise pollution from nearby roads or highways.
Is Yorkshire a good place to live? +
Overall, Yorkshire, VA can be a good place to live, offering a mix of affordability, suburban charm, and access to nearby amenities and attractions. However, it's essential to weigh the pros and cons and consider factors like commute time, noise pollution, and personal preferences before making a decision. With its family-friendly neighborhoods, diverse food scene, and range of things to do, Yorkshire can be an excellent choice for those looking for a suburban lifestyle with easy access to city amenities.
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