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Galion, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Galion, Ohio Market population: 10K. 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 Galion OH Properties: 1.5400%

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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 Galion OH

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

What's the overall investment potential of Galion, OH, considering its demographics and economy? +
Galion, OH's median household income of $44,318 and relatively high poverty rate of 18.1% suggest a mixed market, but the strong employment in Health Care & Social Assistance, Retail Trade, and Manufacturing, combined with a low average commute time of 24.4 minutes, indicate a stable workforce and decent quality of life, making it an attractive investment opportunity.
How does the city's ethnic diversity and industry landscape impact market demand for real estate investments? +
The city's predominantly White population, with a small but present Hispanic community, and its top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing, suggest a relatively stable market with consistent demand for housing, particularly for workers in these sectors, and the 94.5% health insurance coverage rate adds to the attractiveness of the market.
What are the implications of Galion, OH's poverty rate and health insurance coverage for real estate investors? +
The 18.1% poverty rate in Galion, OH, combined with the 94.5% health insurance coverage, suggests that while there are challenges, there is also a degree of employment stability and access to healthcare, which can contribute to a more reliable tenant base and lower vacancy rates for investors, especially when considering the relatively low median property value of $94,100.
How do commute times and transportation methods in Galion, OH affect the quality of life and investment potential? +
The average commute time of 24.4 minutes in Galion, OH, with a majority of residents driving alone or carpooling, indicates a manageable commute that contributes to a decent quality of life, and when combined with the city's relatively high homeownership rate of 63.2% and low median gross rent of $733, suggests a stable and potentially growing market for real estate investments.
What role do income inequality and median household income play in assessing the investment potential of Galion, OH? +
Galion, OH's GINI coefficient of 0.423 and median household income of $44,318 suggest a moderate level of income inequality, but the presence of strong industries and a relatively low poverty rate compared to other similar cities, along with the high health insurance coverage rate, indicate a market with potential for growth and a decent standard of living, making it worthy of consideration for real estate investments.

Galion OH Real Estate & City Facts

Key facts and real estate information about Galion OH.

What are some of the best neighborhoods to live in Galion? +
Some of the best neighborhoods to live in Galion include the southwest parts of the city, which tend to be more desired, and the south regions, which offer more affordable homes. Specifically, neighborhoods like Portland Way N are known for being peaceful and well-maintained, with a friendly atmosphere.
What are some fun things to do in Galion? +
Galion has a variety of attractions and activities to enjoy, including the Galion History Center, Iron Vault Distillery, Fox Winery, and Planet 14. You can also explore the outdoors at one of the three reservoirs south of town on State Route 309, which offer walking trails, fishing, and disc golf.
What is the food scene like in Galion? +
The food scene in Galion is diverse and offers a range of options, from comfort food to fine dining. Some popular restaurants include Whistle Stop Cafe, Ralphie's Sports Eatery, Granny's Kitchen, and The Last Meal restaurant. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Galion? +
Galion has a lower crime rate compared to Ohio and the National Average, making it a safe place to live. However, the city also has a higher poverty rate and lower median household income. On the plus side, Galion has a strong sense of community, with many family-friendly activities and events throughout the year. Ultimately, the pros and cons of living in Galion depend on individual priorities and preferences.
Is Galion a good place to live? +
Galion can be a good place to live for those who value a close-knit community, outdoor activities, and a lower cost of living. While it may not offer the same level of economic opportunity or cultural diversity as larger cities, Galion has its own unique charm and attractions. As with any city, it's essential to weigh the pros and cons and consider individual needs and priorities before deciding if Galion is the right fit.
⭐ 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 Galion OH Commercial Property: $44,318

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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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