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Girard, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Girard, Illinois Market population: 10K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Girard OH Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Girard OH Properties: 1.8800%

πŸ“Š Average Income For Girard OH Commercial Property: $40,298

Investor Questions For Girard OH

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

What's the overall investment potential of Girard, OH, considering its demographics and economy? +
Girard's median household income of $40,298, combined with a poverty rate of 18.1% and a high health insurance coverage of 92.1%, suggests a relatively stable market with a mix of working-class and more affluent residents. The city's top industries, including Public Administration and Finance & Insurance, also indicate a diverse economy. Additionally, the average commute time of 22 minutes and high homeownership rate of 63.5% contribute to a favorable quality of life.
How does the ethnic diversity and industry mix in Girard impact the real estate market? +
The city's ethnic diversity, with a majority of White residents and a smaller but present Black population, contributes to a relatively stable and integrated community. The top industries, including Public Administration, Finance & Insurance, and Transportation & Warehousing, create a diverse range of job opportunities, which can drive demand for housing and support a strong rental market. Furthermore, the median property value of $82,700 and median property taxes of $2,637 make Girard an attractive option for investors looking for affordable properties.
What are the key factors to consider when assessing the quality of life in Girard for potential tenants? +
The average commute time of 22 minutes, which is relatively short, and the high health insurance coverage rate of 92.1% are positive indicators of a good quality of life in Girard. Additionally, the city's poverty rate of 18.1% and median household income of $40,298 suggest that tenants may be working-class individuals and families who value affordability and accessibility. The top commute methods, including driving alone and carpooling, also indicate a convenient and relatively stress-free commute.
How does the income inequality in Girard, as measured by the GINI coefficient, impact the real estate market? +
The GINI coefficient of 0.399 indicates a moderate level of income inequality in Girard, which can impact the real estate market by creating a range of housing options to cater to different income groups. The median property value of $82,700 and median property taxes of $2,637 suggest that there are affordable housing options available, while the top industries and median household income of $40,298 indicate a relatively stable economy. Furthermore, the health insurance coverage rate of 92.1% and average commute time of 22 minutes contribute to a favorable quality of life, making Girard an attractive option for investors and tenants alike.
What are the implications of Girard's homeownership rate and median property value for real estate investors? +
The homeownership rate of 63.5% in Girard suggests a strong sense of community and stability, which can be attractive to real estate investors looking for long-term rentals or fix-and-flip opportunities. The median property value of $82,700, combined with median property taxes of $2,637, makes Girard an affordable option for investors. Additionally, the city's poverty rate of 18.1% and health insurance coverage rate of 92.1% indicate a relatively stable and employed population, which can drive demand for housing and support a strong rental market. The top industries, including Public Administration and Finance & Insurance, also contribute to a diverse economy and a favorable business environment.

Girard OH Real Estate & City Facts

Key facts and real estate information about Girard OH.

What are some of the best neighborhoods to live in Girard? +
Some of the best neighborhoods to live in Girard include Tree Streets, which is a quiet and family-friendly area with clean, tree-lined streets. Other neighborhoods like Hubbard Township and Austintown Township are also popular, offering a grade B+ rating and a friendly atmosphere. Additionally, Cornersburg is a great place to live, close to Canfield, Boardman, Austintown, and Youngstown.
What are some fun things to do in Girard? +
There are plenty of fun things to do in Girard, such as visiting Past Times Arcade, which offers a wide range of pinball machines and a fun atmosphere. You can also check out the Metroplex Expo Center, Youngstown Poker, Creekside Mini Golf, and Mahoning Country Club for some entertainment. If you're looking for something unique, visit Robins Theatre or take a road trip to nearby attractions.
What is the food scene like in Girard? +
The food scene in Girard is diverse and exciting, with plenty of great restaurants to choose from. Some popular spots include Jib Jab Hot Dog Shoppe, Scenna's Family Restaurant, and Margherita's Grille, which offers a warm and inviting atmosphere. You can also find great Chinese food at Fortune Garden or try some breakfast at Olguns Cafe. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Girard? +
The pros of living in Girard include its friendly atmosphere, quiet neighborhoods, and plenty of things to do and see. However, some cons include a higher poverty rate and income inequality. Additionally, the city has a smaller population, which may limit job opportunities and entertainment options. Overall, Girard is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Girard a good place to live? +
Girard is a good place to live for those who value a quiet, family-friendly atmosphere and a strong sense of community. While it may have its challenges, the city offers a unique blend of small-town charm and access to nearby attractions and amenities. With its affordable housing, good schools, and plenty of things to do, Girard is definitely worth considering for those looking to relocate or start a new life.
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