CRE Admin

Cleveland Heights, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Cleveland Heights, Ohio Market population: 46K. Compare commercial properties across all major asset classes...

Advertisement
Cap Rate: Medium NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No properties found matching your criteria. Here are some featured properties.
12 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ 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 Cleveland Heights OH Properties: 3.0000%

⭐ Featured

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 Cleveland Heights OH

Common questions from investors exploring commercial real estate in Cleveland Heights OH.

What is the overall investment potential of Cleveland Heights, OH? +
The city's median household income of $50,109, combined with a poverty rate of 17.8% and a high health insurance coverage rate of 94.4%, suggests a relatively stable market with opportunities for rental income. The diverse population, with top ethnicities including White, White Non-Hispanic, and Black, and a foreign born rate of 14.2%, indicates a potentially vibrant cultural scene. Additionally, the top industries, including Wholesale Trade, Finance & Insurance, and Public Administration, provide a solid foundation for employment and economic growth.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors? +
The average commute time of 22.3 minutes, with top commute methods including Drove Alone, Worked At Home, and Carpooled, indicates a relatively convenient and flexible transportation system. This, combined with a high health insurance coverage rate of 94.4% and a median age of 35.9, suggests a high quality of life for residents, which can lead to increased demand for housing and a more stable rental market. The employed population of 21,729 and top industries, including Wholesale Trade and Finance & Insurance, also contribute to a strong economic foundation.
What are the key factors to consider when evaluating the housing market in Cleveland Heights, OH? +
The median property value of $132,600 and median property taxes of $11,156 provide a relatively affordable entry point for investors. The homeownership rate of 56.8% and poverty rate of 17.8% suggest a mix of owner-occupied and rental properties, with opportunities for renovation and redevelopment. Additionally, the city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, and a foreign born rate of 14.2%, can contribute to a vibrant and dynamic community.
How does the economic inequality and poverty rate impact the investment potential of Cleveland Heights, OH? +
The GINI coefficient of 0.502 and poverty rate of 17.8% indicate a moderate level of economic inequality, which can impact the stability and growth potential of investments. However, the median household income of $50,109 and high health insurance coverage rate of 94.4% suggest a relatively stable market with opportunities for rental income. The top industries, including Wholesale Trade, Finance & Insurance, and Public Administration, also provide a solid foundation for employment and economic growth, which can help mitigate the effects of poverty and inequality.
What are the implications of the city's demographic characteristics, such as age and ethnicity, for real estate investors? +
The median age of 35.9 and diverse population, with top ethnicities including White, White Non-Hispanic, and Black, suggest a vibrant and dynamic community with a mix of young professionals, families, and long-term residents. The foreign born rate of 14.2% also indicates a potentially diverse and cosmopolitan population, which can contribute to a strong demand for housing and a stable rental market. Additionally, the employed population of 21,729 and top industries, including Wholesale Trade and Finance & Insurance, provide a solid foundation for employment and economic growth, which can support a healthy and growing real estate market.

Cleveland Heights OH Real Estate & City Facts

Key facts and real estate information about Cleveland Heights OH.

What are some of the best neighborhoods to live in Cleveland Heights? +
Some of the best neighborhoods to live in Cleveland Heights include Coventry Village, Cedar Lee, and the area around Cain Park. These neighborhoods offer a unique blend of quirky shops, restaurants, and community events that make Cleveland Heights a great place to live.
What are some fun things to do in Cleveland Heights? +
There are plenty of fun things to do in Cleveland Heights, including visiting the Cain Park arts festival, catching a movie at the Cedar Lee Cinema, or exploring the shops and restaurants in Coventry Village. You can also check out the Cleveland Kendo Association or take a stroll around the Shaker Lakes Nature Center.
What is the food scene like in Cleveland Heights? +
The food scene in Cleveland Heights is diverse and exciting, with a range of restaurants serving everything from traditional American fare to international cuisine. Some popular spots include The Kensington Pub, Zhug, and Mr. Hero, which is a local chain famous for its Romanburger. There are also plenty of great food trucks and cafes to explore.
What are the pros and cons of living in Cleveland Heights? +
One of the pros of living in Cleveland Heights is its unique community vibe and abundance of local events and festivals. However, some cons include the city's higher crime rate and limited job opportunities. Additionally, some residents have noted that the city's infrastructure and public transportation could be improved. Overall, Cleveland Heights is a great place to live for those who value community and local character.
Is Cleveland Heights a good place to live? +
Whether or not Cleveland Heights is a good place to live depends on your individual priorities and preferences. If you value a strong sense of community, local events, and a diverse range of restaurants and shops, then Cleveland Heights may be a great fit for you. However, if you're looking for a city with a low crime rate or plenty of job opportunities, you may want to consider other options. Ultimately, Cleveland Heights is a unique and charming city that offers a lot to its residents, but it's not perfect and has its own set of challenges.
⭐ 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 Cleveland Heights OH Commercial Property: $50,109

Advertisement
⭐ Featured

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
⭐ Featured

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
⭐ Featured

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
Advertisement
⭐ Featured

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
⭐ Featured

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
⭐ Featured

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
⭐ Featured

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
Advertisement
⭐ Featured

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
Advertisement