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New Philadelphia, OH High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in New Philadelphia, Ohio Market population: 17K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For New Philadelphia OH Properties: 1.3500%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For New Philadelphia OH

Common questions from investors exploring commercial real estate in New Philadelphia OH.

What's the overall investment potential of New Philadelphia, OH? +
The city's 17.1% poverty rate and $39,905 median household income suggest a relatively stable market, while the 91.2% health insurance coverage and 17.4-minute average commute time indicate a reliable workforce and solid infrastructure for renters, making it an attractive option for investors.
How does the local economy impact real estate investment in New Philadelphia? +
The top industries, including Finance & Insurance and Wholesale Trade, contribute to a diverse economy, and with a median property value of $102,800 and median property taxes of $4,532, investors can expect a relatively stable housing market, especially considering the 60.3% homeownership rate and the fact that 91.2% of the population has health insurance.
What role does ethnic diversity play in the local real estate market? +
The city's ethnic diversity, with 47.8% White, 45.1% White Non-Hispanic, and 3.8% Hispanic populations, suggests a culturally rich and potentially resilient market, and when combined with the 17.1% poverty rate and 0.423 GINI coefficient, investors can expect a working-class market with opportunities for growth and development.
How do commute times and transportation methods affect the quality of life for renters in New Philadelphia? +
The 17.4-minute average commute time and top commute methods, including driving alone, carpooling, and working from home, indicate a convenient and flexible transportation system, which, along with the 91.2% health insurance coverage, suggests a high quality of life for renters and a stable market for investors.
What are the key factors to consider when evaluating the potential for rental yields in New Philadelphia? +
The combination of a 17.1% poverty rate, $39,905 median household income, and 91.2% health insurance coverage suggests a relatively stable tenant base, and with a median property value of $102,800 and 60.3% homeownership rate, investors should consider the potential for rental yields in the context of the local economy, including the top industries and commute times, to make informed decisions.

New Philadelphia OH Real Estate & City Facts

Key facts and real estate information about New Philadelphia OH.

What are some of the best neighborhoods to live in New Philadelphia? +
Some of the best neighborhoods to live in New Philadelphia include Southside, which is known for its clean streets and beautiful houses. Other neighborhoods like Tuscora Park are also popular for their family-friendly atmosphere and amenities.
What are some fun things to do in New Philadelphia? +
There are plenty of fun things to do in New Philadelphia, such as visiting Tuscora Park for amusement rides, a pool, and an amphitheater. You can also explore the Historic Schoenbrunn Village, or check out the Performing Arts Center. Additionally, the city has a variety of restaurants and shops to discover.
What is the food scene like in New Philadelphia? +
The food scene in New Philadelphia is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include The Pointe Dining, Hog Heaven, and Dee's Restaurant, which offer everything from American comfort food to steakhouse favorites. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in New Philadelphia? +
The pros of living in New Philadelphia include its charming small-town atmosphere, beautiful parks, and a variety of community events. However, some cons include a relatively high poverty rate and limited job opportunities in certain industries. Overall, the city offers a great quality of life for those who value a close-knit community and outdoor recreation.
Is New Philadelphia a good place to live? +
New Philadelphia can be a great place to live for those who appreciate a small-town lifestyle and easy access to outdoor recreation. While it may have some challenges, the city's strong sense of community and beautiful surroundings make it an attractive option for families and individuals alike. Ultimately, whether or not New Philadelphia is a good fit depends on your personal preferences and priorities.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For New Philadelphia OH Commercial Property: $39,905

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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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
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