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North Canton, OH High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Canton, Ohio Market population: 17K. Compare commercial properties across all major asset classes...

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12 properties found
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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 North Canton OH Properties: 1.0900%

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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 North Canton OH

Common questions from investors exploring commercial real estate in North Canton OH.

What's the overall investment outlook for North Canton, OH? +
North Canton presents a stable investment market, with a median household income of $50,728, a relatively low poverty rate of 6.9%, and a high health insurance coverage rate of 94.6%, indicating a strong and stable workforce. The top industries, including Wholesale Trade and Public Administration, also suggest a diverse economy. Additionally, the average commute time of 18.3 minutes and high homeownership rate of 67.7% contribute to a desirable quality of life for residents.
How does the local economy impact real estate investment in North Canton? +
The local economy in North Canton is driven by top industries such as Wholesale Trade, Public Administration, and Finance & Insurance, which provides a stable foundation for real estate investment. With a median property value of $137,300 and median property taxes of $4,884, the market offers relatively affordable investment opportunities. Furthermore, the employed population of 8,457 and low poverty rate of 6.9% suggest a strong demand for housing, while the foreign born rate of 2.6% and ethnic diversity, with 48.4% White and 47.8% White Non-Hispanic, contribute to a culturally rich community.
What are the key factors to consider when evaluating tenant quality in North Canton? +
When assessing tenant quality in North Canton, consider the poverty rate of 6.9% combined with the high health insurance coverage rate of 94.6%, which suggests a working-class market with employment stability. The average commute time of 18.3 minutes and top commute methods, including driving alone and working from home, also indicate a convenient and flexible lifestyle for tenants. Moreover, the top ethnicities, including White and White Non-Hispanic, and the relatively low GINI coefficient of 0.418, suggest a cohesive and equitable community.
How does the quality of life in North Canton impact real estate investment? +
The quality of life in North Canton, characterized by an average commute time of 18.3 minutes, high health insurance coverage rate of 94.6%, and relatively low poverty rate of 6.9%, contributes to a stable and desirable market for real estate investment. The top commute methods, including driving alone and working from home, also suggest flexibility and convenience for residents. Additionally, the median age of 41.0 and high homeownership rate of 67.7% indicate a strong sense of community and long-term residency, which can lead to lower vacancy rates and higher rental yields.
What are the implications of North Canton's demographic and economic trends for long-term real estate investment? +
North Canton's demographic and economic trends, including a median household income of $50,728, low poverty rate of 6.9%, and high health insurance coverage rate of 94.6%, suggest a stable and growing market. The top industries, including Wholesale Trade and Public Administration, and the relatively low GINI coefficient of 0.418, also indicate a diverse and equitable economy. Furthermore, the average commute time of 18.3 minutes, high homeownership rate of 67.7%, and ethnic diversity, with 48.4% White and 47.8% White Non-Hispanic, contribute to a desirable quality of life, making North Canton an attractive location for long-term real estate investment.

North Canton OH Real Estate & City Facts

Key facts and real estate information about North Canton OH.

What are some of the best neighborhoods to live in North Canton? +
Some of the best neighborhoods to live in North Canton include Greentown, Lake Cable, and the southeast parts of the city. These areas are known for their peaceful and family-friendly environments, with clean and tree-lined streets. Additionally, neighborhoods like Jackson, Lake, and Plain townships are also considered fine places to live, with a small-town feel and big-city amenities.
What are some fun things to do in North Canton? +
There are plenty of fun things to do in North Canton, including visiting the MAPS Air Museum, the Hoover Historical Center, and the Studio Arts & Glass. You can also explore the McKinley Presidential Library & Museum, the National First Ladies Library & Museum, and the Pro Football Hall of Fame. For outdoor activities, you can check out the Centennial Plaza, the Exploration Gateway, and the Green Family Funzone. There are also plenty of great restaurants and bars to try, like The Twisted Olive, Twisted Citrus, and Table Six.
What is the food scene like in North Canton? +
The food scene in North Canton is diverse and exciting, with a range of unique restaurants and bars to try. Some popular spots include The Twisted Olive, Table Six Kitchen + Bar, Olinda, and Astoria Grill. You can also find great food at BJ's Restaurant & Brewhouse, 77 Brew House, and 91 Wood Fired Oven. There are also plenty of great food trucks and casual eateries to check out, offering everything from traditional comfort food to international cuisine.
What are the pros and cons of living in North Canton? +
The pros of living in North Canton include its small-town feel, big-city amenities, and a range of outdoor activities and cultural attractions. The city also has a strong sense of community, with many family-friendly neighborhoods and a low crime rate. However, some cons of living in North Canton include its relatively high cost of living, traffic congestion, and limited job opportunities in certain industries. Additionally, some areas of the city may have older infrastructure and limited public transportation options.
Is North Canton a good place to live? +
Overall, North Canton is a great place to live, offering a unique blend of small-town charm and big-city amenities. The city has a strong sense of community, a range of outdoor activities and cultural attractions, and a relatively low crime rate. While it may have some drawbacks, such as a high cost of living and limited job opportunities, North Canton is a great choice for families, young professionals, and anyone looking for a friendly and welcoming community. With its diverse food scene, fun things to do, and great neighborhoods, North Canton is definitely worth considering as a place to call home.
⭐ 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 North Canton OH Commercial Property: $50,728

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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
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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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