Medina, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Medina, New York Market population: 27K. Explore income-producing properties with verified cap rates and...

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📊 Average Cap Rate For Medina OH Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Medina OH Properties: 1.5400%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

Save

Investor Questions For Medina OH

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

What is the overall investment potential of Medina, OH, considering its demographic and economic factors? +

Medina, OH, with a population of 26,617 and a median age of 37.1, presents a stable investment market, given its median household income of $53,586 and a relatively low poverty rate of 9.9%, suggesting a strong potential for rental income and property appreciation.

How does the ethnic diversity and industry landscape of Medina influence its real estate market? +

The city's ethnic diversity, led by White (47.8%) and White Non-Hispanic (46.8%) populations, along with its top industries in Wholesale Trade, Information, and Public Administration, indicates a diverse and potentially resilient market, capable of withstanding economic fluctuations and supporting a variety of housing needs.

What insights can be gleaned from the city's commute times, health insurance coverage, and poverty rate for assessing tenant quality and market stability? +

The 26.1-minute average commute time, high health insurance coverage rate of 93.8%, and a poverty rate of 9.9% suggest a working-class market with employment stability, solid infrastructure for renters, and a lower risk of tenant default, making it an attractive location for investors seeking reliable rental income.

How do the median property value, property taxes, and homeownership rate in Medina impact real estate investment decisions? +

With a median property value of $161,700 and median property taxes of $6,514, combined with a homeownership rate of 66.7%, Medina offers a balanced housing market that can support both rental and owner-occupied properties, providing investors with flexibility in their investment strategies and potentially strong returns on investment.

What role do the foreign-born rate, income inequality, and education levels play in evaluating the long-term viability of real estate investments in Medina? +

The relatively low foreign-born rate of 2.3%, a gini coefficient of 0.426 indicating moderate income inequality, and high education levels with a 92.2% high school graduation rate, suggest a community with a stable and educated workforce, which can contribute to a stable and growing local economy, supporting long-term real estate investment viability and potential for property appreciation.

Medina OH Real Estate & City Facts

Key facts and real estate information about Medina OH.

What are some of the best neighborhoods to live in Medina? +

Some of the best neighborhoods to live in Medina include Montville Lakes, Fox Meadow, Cobblestone Park, Sharon Falls, and Medina Highlands. These neighborhoods offer a range of housing options and are known for their family-friendly atmosphere and walkability.

What are some fun things to do in Medina? +

There are plenty of fun things to do in Medina, including visiting the Medina County District Library, Medina County Fairgrounds, and Medina County Historical Society Museum. You can also check out the Alien Vacation Mini Golf, AMF Medina Lanes, and Mk Airsoft Medina for some entertainment. Additionally, the city has several parks, such as Buckeye Woods Park and Carolyn Ludwig Mugrage Park, which offer outdoor activities like hiking and picnicking.

What is the food scene like in Medina? +

Medina has a diverse food scene with a range of restaurants to choose from. Some popular options include Timber Lodge, Thyme 2, and Corkscrew Saloon, which serve American cuisine and steakhouse favorites. You can also find international cuisine, such as German and Eastern European food, at places like Branka's Bake Haus & Market. There are also plenty of great food trucks and cafes, like Cool Beans CafÃ©, that offer a casual dining experience.

What are the pros and cons of living in Medina? +

The pros of living in Medina include its family-friendly atmosphere, walkable neighborhoods, and plenty of outdoor activities. The city also has a strong sense of community, with several community events and festivals throughout the year. However, some cons of living in Medina include the limited public transportation options and the potential for traffic congestion on main roads. Additionally, some residents may find the city's suburban atmosphere to be a bit quiet or lacking in nightlife options.

Is Medina a good place to live? +

Overall, Medina is a great place to live for those who value a family-friendly atmosphere, outdoor activities, and a strong sense of community. While it may not be the best fit for those who prefer a more urban lifestyle or rely on public transportation, the city's pros outweigh its cons for many residents. With its excellent schools, low crime rate, and affordable housing options, Medina is a popular choice for families and individuals looking for a comfortable and convenient place to call home.

Medina, NY Commercial Investment Properties for Sale

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

📊 Average Cap Rate For Medina OH Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Medina OH Properties: 1.5400%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For Medina OH

Medina OH Real Estate & City Facts

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