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Fairlawn, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fairlawn, Ohio Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Fairlawn OH Properties: 1.2800%

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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 Fairlawn OH

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

What's the overall investment potential of Fairlawn, OH, considering its demographics and economy? +
Fairlawn's 71.9% homeownership rate and $171,700 median property value, combined with a low 5.6% poverty rate and high 96.7% health insurance coverage, suggest a stable and desirable market for investors. The city's diverse economy, with top industries in manufacturing, finance, and construction, supports a median household income of $62,662. Additionally, the 20.8-minute average commute time and high percentage of residents with bachelor's degrees or higher indicate a strong quality of life.
How does the ethnic diversity and foreign-born population impact the local real estate market in Fairlawn? +
The city's ethnic diversity, with 44.1% White and 5.5% Black populations, and a 4.8% foreign-born rate, contributes to a vibrant community. This diversity, paired with a low poverty rate of 5.6% and a high health insurance coverage rate of 96.7%, suggests a resilient and attractive market for investors. The top industries in manufacturing, finance, and construction also support a strong demand for housing.
What are the key factors influencing the rental market in Fairlawn, OH? +
The rental market in Fairlawn is influenced by factors such as the 20.8-minute average commute time, which is relatively short, and the high percentage of residents who drive alone or work from home. The city's low poverty rate of 5.6%, high health insurance coverage rate of 96.7%, and strong median household income of $62,662 also contribute to a stable and desirable rental market. Furthermore, the diverse economy and high percentage of residents with bachelor's degrees or higher support a strong demand for rental properties.
How does the quality of life in Fairlawn, OH, impact its attractiveness to real estate investors? +
The quality of life in Fairlawn, with its short 20.8-minute average commute time and high health insurance coverage rate of 96.7%, makes it an attractive location for residents and investors alike. The city's strong economy, with top industries in manufacturing, finance, and construction, and its high percentage of residents with bachelor's degrees or higher, also contribute to a desirable quality of life. Additionally, the low poverty rate of 5.6% and high median property value of $171,700 suggest a stable and secure investment environment.
What are the implications of Fairlawn's economic and demographic characteristics for real estate investment strategies? +
Fairlawn's economic and demographic characteristics, including its low poverty rate of 5.6%, high health insurance coverage rate of 96.7%, and strong median household income of $62,662, suggest a focus on long-term, stable investments. The city's diverse economy and high percentage of residents with bachelor's degrees or higher also support a strategy of investing in properties that cater to professionals and families. Furthermore, the short average commute time and high percentage of homeowners indicate a strong demand for single-family homes and condominiums.

Fairlawn OH Real Estate & City Facts

Key facts and real estate information about Fairlawn OH.

What are some of the best neighborhoods to live in Fairlawn? +
Some of the best neighborhoods to live in Fairlawn, OH are in the northeast parts of the city, such as Firestone Park, which has great houses, mostly retirement and young couples, and plenty of amenities. Other desirable areas include the neighborhoods around Waterloo and Main, which offer a mix of old and new homes, and a strong sense of community.
What are some fun things to do in Fairlawn? +
There are plenty of fun things to do in Fairlawn, OH, such as visiting the Summit Mall, exploring the Fort Island/Griffiths Park, or checking out the Bicentennial Park. You can also head to the nearby city of Akron and visit the Great Lakes Science Center, or take a road trip to the nearby national park. Additionally, Fairlawn has a variety of community events and festivals throughout the year, such as the Fairlawn Community Festival, which offers live music, food vendors, and activities for all ages.
What is the food scene like in Fairlawn? +
The food scene in Fairlawn, OH is diverse and exciting, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Barrelhouse, Vicious Biscuit, and Constance, which offer a mix of breakfast, lunch, and dinner options. You can also find iconic eateries like Luigi's, which is famous for its heavy cheese pizzas, and Burntwood Tavern, which serves up tasty pub fare. There are also plenty of great food trucks and cafes in the area, offering everything from gourmet grilled cheese to artisanal coffee.
What are the pros and cons of living in Fairlawn? +
The pros of living in Fairlawn, OH include its convenient location, with easy access to nearby cities like Akron and Cleveland, as well as its strong sense of community, with plenty of neighborhood events and activities. The city also has a relatively low cost of living and a range of housing options, from affordable apartments to single-family homes. However, some cons of living in Fairlawn include its limited job opportunities, as well as its reliance on nearby cities for certain amenities and services. Additionally, some areas of the city can be quite congested, particularly during rush hour.
Is Fairlawn a good place to live? +
Overall, Fairlawn, OH is a great place to live, offering a unique blend of small-town charm and big-city amenities. While it may have its drawbacks, the city's strong sense of community, convenient location, and range of housing options make it an attractive option for families, young professionals, and retirees alike. With its diverse food scene, plenty of community events, and easy access to nearby cities, Fairlawn is a great choice for anyone looking for a comfortable and convenient 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 Fairlawn OH Commercial Property: $62,662

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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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