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Northridge, OH High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Northridge, Ohio Market population: 8K. Explore income-producing properties with verified cap rates and operating...

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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 Northridge OH Properties: 1.5800%

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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 Northridge OH

Common questions from investors exploring commercial real estate in Northridge OH.

What's the overall investment potential of Northridge, OH? +
Northridge, OH offers a stable investment market with a median household income of $58,208, a relatively low poverty rate of 6.3%, and a high health insurance coverage rate of 95.8%, indicating a reliable tenant base. The top industries, including Public Administration and Educational Services, contribute to a strong local economy. With a median property value of $116,000 and median property taxes of $2,560, investors can expect a reasonable return on investment.
How does the local economy impact rental demand in Northridge, OH? +
The diverse economy of Northridge, OH, with top industries like Public Administration, Educational Services, and Finance & Insurance, creates a steady demand for rentals. The employed population of 3,643 and a median household income of $58,208 suggest a stable tenant base, while the average commute time of 21.8 minutes and top commute methods, including driving and carpooling, indicate convenient access to employment opportunities.
What is the food scene like in Northridge? +
The food scene in Northridge is diverse and exciting, with a range of restaurants to choose from. Some popular options include Rip Rap Roadhouse, Maggie's Place, Hairless Hare Brewery, and Bunkers Sports Bar & Grill. You can also find classic delis like Brent's Delicatessen & Restaurant, which serves up traditional favorites. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Northridge? +
The pros of living in Northridge include its quiet and residential neighborhoods, easy commutes to nearby cities, and a range of community events and festivals to attend. However, some cons include the limited number of job opportunities in the area and the need for a car to get around. Additionally, some residents may find the area to be a bit too suburban or quiet for their taste. Overall, Northridge is a great option for those looking for a relaxed and family-friendly community.
Is Northridge a good place to live? +
Northridge can be a great place to live for those who value a quiet and residential community with easy access to nearby cities. The area has a range of pros, including its highly-rated schools, low cost of living, and community events. However, it may not be the best fit for everyone, particularly those who prefer a more urban or fast-paced lifestyle. Ultimately, whether or not Northridge is a good place to live depends on your individual priorities and preferences.

Northridge OH Real Estate & City Facts

Key facts and real estate information about Northridge OH.

What are some of the best neighborhoods to live in Northridge? +
Some of the best neighborhoods to live in Northridge include the Northridge neighborhood in Dayton, OH, which is known for being quiet and residential. Other neighborhoods like Encino, Tarzana, Reseda, and Woodland Hills also have pockets of upscale areas with easy commutes to Northridge. According to Niche.com, Northridge is ranked #79 of 729 in Best Places to Buy a House in Ohio and #202 of 548 in Places with the Best Public Schools in Ohio.
What are some fun things to do in Northridge? +
There are plenty of fun things to do in Northridge, including visiting the National Museum of the United States Air Force, which is one of the most popular attractions in Ohio. You can also check out the annual festivals and events in Lorain County, such as the Queen and Princess festival, or attend community events in North Ridgeville. Additionally, the Northridge Plaza Shopping Center has a vibrant dining scene with a range of restaurants to choose from.
What is the quality of life like for residents in Northridge? +
Northridge, OH offers a high quality of life, with a short average commute time of 21.8 minutes, a high health insurance coverage rate of 95.8%, and a relatively low poverty rate of 6.3%. These factors contribute to a stable and desirable community, which can drive up property values, including the median property value of $116,000, and attract reliable tenants, making it an attractive market for real estate investors.
How does the ethnic diversity of Northridge impact the local real estate market? +
The ethnic diversity of Northridge, with a population that is 49.1% White and 48.5% White Non-Hispanic, contributes to a vibrant and inclusive community. This diversity, combined with a strong local economy and high health insurance coverage rate of 95.8%, can lead to a stable and growing demand for housing, including rentals, and support long-term property appreciation, with the median property value currently at $116,000.
What are the key factors to consider when evaluating the investment potential of Northridge? +
When evaluating the investment potential of Northridge, consider the low poverty rate of 6.3%, high health insurance coverage rate of 95.8%, and strong local economy, with top industries like Public Administration and Educational Services. Additionally, the median household income of $58,208, average commute time of 21.8 minutes, and median property value of $116,000 should be taken into account, as they all contribute to a stable and desirable market for real estate investors, with a relatively high homeownership rate of 78.6%.
⭐ 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 Northridge OH Commercial Property: $58,208

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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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