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Amherst, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Amherst, Ohio Market population: 12K. Compare commercial properties across all major asset classes with...

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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 Amherst OH Properties: 1.6100%

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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 Amherst OH

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

What's the overall investment potential of Amherst, OH, considering its demographic and economic factors? +
Amherst, OH presents a stable investment market, with a median household income of $63,895, a relatively low poverty rate of 7.0%, and a high health insurance coverage rate of 95.0%, indicating a reliable tenant base. The city's diverse economy, led by wholesale trade, manufacturing, and transportation industries, supports a strong employment market. Additionally, the top ethnicities, including White and White Non-Hispanic, contribute to a culturally rich community.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Amherst, OH? +
The average commute time of 20.6 minutes in Amherst, OH is relatively short, with 73.2% of commuters traveling less than 30 minutes to work, which is a significant advantage for residents. Combined with a high health insurance coverage rate of 95.0% and a low poverty rate of 7.0%, this suggests a high quality of life and a stable rental market. The top commute methods, including driving alone and working from home, also indicate flexibility and convenience for residents.
What role does ethnic diversity play in shaping the demand for real estate in Amherst, OH, and how does it impact investment decisions? +
The ethnic diversity in Amherst, OH, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community with varied cultural and economic backgrounds. This diversity, combined with a strong employment market and top industries like wholesale trade and manufacturing, creates a stable demand for real estate. Furthermore, the city's foreign-born rate of 2.3% and income inequality GINI coefficient of 0.375 suggest a relatively balanced and equitable community, which can positively impact investment decisions.
How do the median property value and property taxes in Amherst, OH compare to other investment locations, and what are the implications for investors? +
The median property value of $153,700 and median property taxes of $3,883 in Amherst, OH are relatively moderate compared to other investment locations. Considering the city's high homeownership rate of 84.1%, low poverty rate of 7.0%, and strong employment market, these factors suggest a stable and potentially appreciating real estate market. Additionally, the average household income of $63,895 and health insurance coverage rate of 95.0% indicate a reliable tenant base, making Amherst an attractive location for investors.
What are the key factors that contribute to the stability and growth potential of the real estate market in Amherst, OH, and how can investors capitalize on these trends? +
The stability and growth potential of the real estate market in Amherst, OH can be attributed to factors like the low poverty rate of 7.0%, high health insurance coverage rate of 95.0%, and diverse economy led by wholesale trade and manufacturing. Investors can capitalize on these trends by targeting properties that cater to the city's employed population of 6,071 and taking advantage of the relatively short average commute time of 20.6 minutes. Moreover, the city's ethnic diversity and cultural richness can be leveraged to attract a wide range of tenants and buyers, further enhancing the investment potential.

Amherst OH Real Estate & City Facts

Key facts and real estate information about Amherst OH.

What are some of the best neighborhoods to live in Amherst? +
Some of the best neighborhoods to live in Amherst include Martin Ave, which is a peaceful and family-friendly neighborhood with clean, tree-lined streets and a strong sense of community. Other neighborhoods, such as those in the area of Hillcrest Orchard, are also popular for their suburban lifestyle and commuter accessibility.
What are some fun things to do in Amherst? +
There are plenty of fun things to do in Amherst, including visiting Jamie's Flea Market, the Workshop Players Theatre, and Hillcrest Orchard Fun Farm. You can also explore the Historic Downtown Amherst area, which features a variety of shops, restaurants, and attractions. Additionally, the city has several parks and outdoor spaces, such as the Mill Hollow Vermilion River Reservation, where you can enjoy hiking, biking, or simply taking in the scenery.
What is the food scene like in Amherst? +
The food scene in Amherst is diverse and offers a range of options to suit different tastes and preferences. Some popular restaurants include Sal & Al's Diner & Billy Boys Pizza, which serves up classic American fare, and Taqueria del Pueblo, which offers a variety of Mexican dishes. You can also find great food at Cooper's Hawk Winery & Restaurant, which serves up contemporary American cuisine with a focus on seasonal ingredients. There are also plenty of great food trucks and casual eateries throughout the city, such as LimeRed Teahouse and Share Coffee.
What are the pros and cons of living in Amherst? +
One of the pros of living in Amherst is its suburban lifestyle and commuter accessibility, making it an attractive option for families and professionals who work in nearby cities. The city also has a strong sense of community, with many family-friendly neighborhoods and a variety of community events and activities. However, some cons of living in Amherst include the need for a car to get around, as public transportation options are limited, and the fact that some areas of the city can be quite busy and congested. Additionally, the city's economy is largely driven by manufacturing and wholesale trade, which can be affected by economic downturns.
Is Amherst a good place to live? +
Overall, Amherst is a great place to live for those who value a suburban lifestyle, a strong sense of community, and easy access to nearby cities and attractions. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle or have limited mobility, Amherst offers a unique blend of small-town charm and big-city amenities that make it an attractive option for many people.
⭐ 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 Amherst OH Commercial Property: $63,895

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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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