CRE Admin

Granville, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Granville, Illinois Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

Advertisement
Cap Rate: Medium NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Illinois.
1 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

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 Granville OH Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Granville OH Properties: 3.9600%

πŸ“Š Average Income For Granville OH Commercial Property: $103,333

Investor Questions For Granville OH

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

What's the overall investment outlook for Granville, OH, considering its demographics and economy? +
With a median household income of $103,333 and a relatively low poverty rate of 4.3%, Granville, OH, presents a stable investment market, further bolstered by its high health insurance coverage rate of 97.1% and a short average commute time of 18.3 minutes, indicating a strong, employed population with access to healthcare and reliable transportation.
How does the ethnic diversity and industry mix in Granville impact real estate demand? +
The town's ethnic diversity, led by White (48.7%) and White Non-Hispanic (48.0%) populations, combined with its top industries in Manufacturing, Finance & Insurance, and Professional Services, suggests a robust and diverse economic base that can support a variety of housing needs, from rentals to owned properties, catering to different demographic groups and professional sectors.
What are the implications of Granville's commute times and health insurance rates for rental market stability? +
The 18.3-minute average commute time, coupled with a high health insurance coverage rate of 97.1%, indicates a stable and healthy workforce, which is beneficial for the rental market as it suggests tenants with stable employment and access to healthcare, reducing the risk of late payments or vacancies due to health-related issues.
How do the poverty rate and GINI coefficient influence the quality of tenants in Granville? +
The low poverty rate of 4.3% and a GINI coefficient of 0.402 suggest a relatively equitable distribution of income, which, when combined with the high median household income of $103,333, points to a tenant pool with stable financial backgrounds, potentially leading to more reliable rent payments and lower risk of delinquency.
What role does the high homeownership rate play in Granville's real estate investment landscape? +
With a homeownership rate of 76.1%, Granville's market may have less rental demand compared to areas with lower homeownership rates, but this is offset by the town's high median household income, low poverty rate, and strong industry presence, which can support a stable and potentially growing rental market, especially in niches like student or professional rentals, given the median age of 21.5 and the presence of educational institutions.

Granville OH Real Estate & City Facts

Key facts and real estate information about Granville OH.

What are some of the best neighborhoods to live in Granville? +
Some of the best neighborhoods to live in Granville include Bryn Du Woods, which is a beautiful and family-friendly neighborhood with clean, tree-lined streets and spacious yards. Other neighborhoods to consider are those near the downtown area, which offer a mix of historic homes and newer constructions. Additionally, areas like Bexley are also popular, although they may be more homeowner-oriented.
What are some fun things to do in Granville? +
There are plenty of fun things to do in Granville, including visiting the Granville Historical Society Museum, exploring the local parks and nature preserves, and attending events at the Midland Theatre. You can also take a stroll through the charming downtown area, visit the Union Square Music Hall, or go on a hike at one of the nearby trails. For families, the LEGOLAND Discovery Center Columbus is a great option, and for adults, there are several wineries and breweries in the area.
What is the food scene like in Granville? +
Unfortunately, I was unable to gather information about the food scene in Granville, but I can suggest checking out local review sites or asking residents for recommendations on the best places to eat. There are also plenty of great food trucks and restaurants in the surrounding areas, including Columbus, that are worth exploring.
What are the pros and cons of living in Granville? +
The pros of living in Granville include its charming small-town atmosphere, excellent schools, and low crime rate. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in Ohio. Additionally, the town can get quite busy during peak tourist season, which may be a drawback for some residents. Overall, Granville is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Granville a good place to live? +
Granville is a great place to live for those who are looking for a charming small-town atmosphere, excellent schools, and a low crime rate. While it may have some drawbacks, such as limited job opportunities and a higher cost of living, the town's many amenities and attractions make it an attractive option for families, retirees, and young professionals alike. Ultimately, whether or not Granville is a good place to live depends on your individual priorities and preferences, but it is definitely worth considering for those who value a close-knit community and a relaxed pace of life.
Advertisement