Worthington, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Worthington, Kentucky Market population: 14K. 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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Worthington OH Properties: 2.6600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Worthington OH
Common questions from investors exploring commercial real estate in Worthington OH.
What's the overall investment potential of Worthington, OH?
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With a median household income of $86,855 and a low poverty rate of 3.2%, Worthington, OH presents a stable investment market, further reinforced by its high health insurance coverage rate of 97.1% and a relatively short average commute time of 21 minutes, indicating a strong and reliable workforce.
How does the local economy impact real estate investment in Worthington?
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The diverse top industries in Worthington, including Transportation & Warehousing, Finance & Insurance, and Professional, Scientific, & Management Services, contribute to a robust local economy, which, combined with a high employment rate and low poverty rate, suggests a favorable environment for real estate investment, especially considering the city's ethnic diversity with a predominant White population and a notable foreign-born rate of 6.3%.
What are the key factors to consider for rental property investment in Worthington?
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For rental property investment, considering the high homeownership rate of 80.4% and the median property value of $239,100, it's essential to weigh these against the average commute time of 21 minutes, which is relatively low, and the high health insurance rate of 97.1%, indicating a stable and potentially reliable tenant base, especially given the low poverty rate of 3.2% and the diverse, albeit predominantly White, population.
How does the quality of life in Worthington affect its attractiveness to investors?
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The quality of life in Worthington, characterized by a short average commute time of 21 minutes and a high health insurance coverage rate of 97.1%, along with a low poverty rate of 3.2%, makes it an attractive location for both residents and investors, suggesting a stable market with potential for long-term growth, especially when considering the city's diverse economy and relatively high median household income of $86,855.
What role does demographic diversity play in the investment potential of Worthington?
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The demographic diversity of Worthington, with its top ethnicities being White and White Non-Hispanic, and a foreign-born rate of 6.3%, combined with its low poverty rate of 3.2% and high health insurance coverage of 97.1%, suggests a culturally rich and economically stable community, which can be beneficial for real estate investment by attracting a wide range of residents and contributing to a vibrant local economy, supported by its diverse top industries and high median household income of $86,855.
Worthington OH Real Estate & City Facts
Key facts and real estate information about Worthington OH.
What are some of the best neighborhoods to live in Worthington?
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Some of the best neighborhoods to live in Worthington include Olentangy Highlands, which is known for its peaceful and well-maintained environment, and other neighborhoods like those found in the area near the Worthington Village Green. These neighborhoods offer a great quality of life, with clean and tree-lined streets, and are loved by locals and visitors alike.
What are some fun things to do in Worthington?
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There are plenty of fun things to do in Worthington, including visiting the Peggy R. McConnell Arts Center, exploring the Worthington Farmers Market, and checking out the Ohio Railway Museum. You can also take a stroll through the Worthington Village Green, visit the Worthington Community Center, or enjoy some music on a summer Sunday. Additionally, the city has a variety of shops and restaurants to explore, making it a great destination for a day out or a longer stay.
What is the food scene like in Worthington?
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The food scene in Worthington is diverse and exciting, with a range of restaurants serving everything from classic American cuisine to international flavors. Some popular spots include the Worthington Tavern, Subourbon, and The Whitney House, as well as pizza options like Villa Nova and Pizza House. There are also plenty of great food trucks and other eateries to discover, making Worthington a great place to explore for foodies.
What are the pros and cons of living in Worthington?
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The pros of living in Worthington include its great schools, convenient location, and high quality of life. The city has a strong sense of community, with plenty of parks, community events, and other activities to get involved in. However, some cons of living in Worthington include the potential for higher costs of living, particularly when it comes to housing, and the possibility of traffic and congestion in certain areas. Overall, though, Worthington is a great place to live, with plenty of benefits and advantages to outweigh the drawbacks.
Is Worthington a good place to live?
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Yes, Worthington is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, beautiful parks, and vibrant community, Worthington is an ideal destination for families, professionals, and anyone looking for a high quality of life. While it may have some drawbacks, such as higher costs of living, the benefits of living in Worthington far outweigh the cons, making it a great choice for anyone looking to relocate to the area.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Worthington OH Commercial Property: $86,855
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
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
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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