CRE Admin

Fredonia, NY High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fredonia, New York Market population: 11K. Explore income-producing properties with verified cap rates and...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in New York.
2 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor

📊 Average Cap Rate For Fredonia NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Fredonia NY Properties: 2.4900%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Fredonia NY

Common questions from investors exploring commercial real estate in Fredonia NY.

What's the overall investment potential of Fredonia, NY, considering its demographics and economy? +
Fredonia's relatively high poverty rate of 22.3% is somewhat mitigated by its strong health insurance coverage of 95.9%, indicating a degree of employment stability. With a median household income of $44,304 and top industries in transportation, public administration, and manufacturing, there's a diverse economic base that could support rental demand, especially given the town's ethnic diversity with 46.7% White, 45.1% White Non-Hispanic, and 3.5% Hispanic populations.
How does the commute time and method impact the quality of life for potential renters in Fredonia? +
The average commute time of 14.4 minutes in Fredonia is relatively short, and with top commute methods including driving alone, walking, and working from home, it suggests a flexible and potentially appealing lifestyle for renters. This, combined with a high health insurance coverage rate of 95.9%, points to a stable and healthy workforce, which is beneficial for investors looking for reliable tenants.
What are the implications of Fredonia's poverty rate and foreign-born population on the real estate market? +
While Fredonia's poverty rate of 22.3% might raise concerns, its foreign-born rate of 5.1% and diverse top ethnicities could indicate a vibrant, multicultural community. This diversity, alongside a strong employment base in industries like transportation and manufacturing, could support a dynamic rental market, especially if investors target properties that cater to the specific needs of these demographic groups.
How do the median property value and taxes in Fredonia impact the investment landscape? +
With a median property value of $129,200 and median property taxes of $2,323, Fredonia presents a relatively affordable investment opportunity. Considering the town's homeownership rate of 61.2% and the average household income of $44,304, there's a potential for both rental income and long-term property appreciation, especially in areas with growing demand driven by the local industries and ethnic diversity.
What role does the GINI coefficient and income inequality play in assessing Fredonia's investment potential? +
Fredonia's GINI coefficient of 0.455 indicates a moderate level of income inequality, which, when considered alongside the poverty rate of 22.3% and the median household income of $44,304, suggests that investors should focus on affordable housing options that cater to the working-class population. The strong health insurance coverage of 95.9% and short average commute time of 14.4 minutes, however, provide a positive outlook on the overall quality of life and employment stability in the area, making it an attractive location for strategic investments.

Fredonia NY Real Estate & City Facts

Key facts and real estate information about Fredonia NY.

What are some of the best neighborhoods to live in Fredonia? +
Some of the best neighborhoods to live in Fredonia include Chestnut St, which is a peaceful and family-friendly neighborhood with beautiful parks and a quiet atmosphere. Other great neighborhoods in the area include those in Dunkirk, such as E Pine and Otter Street, which offer a mix of housing options and community amenities.
What are some fun things to do in Fredonia? +
There are plenty of fun things to do in Fredonia, including visiting the Woodbury Winery & Vineyards, the 1891 Fredonia Opera House, and the Rockefeller Arts Center. You can also explore the beautiful outdoors at Lake Erie State Park, Dunkirk City Pier, and Point Gratiot Park. Additionally, the nearby city of Jamestown is home to the National Comedy Center, which is definitely worth a visit.
What is the food scene like in Fredonia? +
The food scene in Fredonia is diverse and delicious, with a range of options to suit every taste. Some popular restaurants include Angry Squirrel, which offers healthy lunch and dinner options, and Dejohn's Italian Spaghetti House, which serves up classic Italian cuisine. You can also find great Latin American food at El Negocio Latin Cuisine, and Peruvian cuisine at Downtown Perú Restaurant. There are also plenty of great food trucks and cafes in the area, offering everything from coffee and pastries to sandwiches and salads.
What are the pros and cons of living in Fredonia? +
The pros of living in Fredonia include its beautiful natural surroundings, with plenty of parks and outdoor spaces to enjoy. The city also has a strong sense of community, with a variety of local events and festivals throughout the year. However, some cons of living in Fredonia include its relatively small size, which can limit job opportunities and entertainment options. Additionally, the city's economy has faced challenges in recent years, which can impact the quality of life for residents. Overall, Fredonia is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Fredonia a good place to live? +
Fredonia can be a great place to live for the right person. The city offers a unique blend of natural beauty, community spirit, and small-town charm, which can make it an attractive option for those looking to escape the hustle and bustle of city life. However, it's worth considering the potential drawbacks, such as limited job opportunities and a slower pace of life. Ultimately, whether or not Fredonia is a good place to live depends on your individual priorities and preferences. If you value a close-knit community, beautiful outdoors, and a relaxed atmosphere, Fredonia may be an excellent choice for you.
Advertisement