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North Royalton, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Royalton, Ohio Market population: 30K. Explore income-producing properties with verified cap rates and...

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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 North Royalton OH Properties: 2.0300%

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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 North Royalton OH

Common questions from investors exploring commercial real estate in North Royalton OH.

What makes North Royalton, OH an attractive market for real estate investment? +
The combination of a relatively low poverty rate of 5.0%, high health insurance coverage of 94.1%, and a strong median household income of $66,683 suggests a stable and desirable market for investment, with a diverse economy driven by top industries like Public Administration and Finance & Insurance, & Real Estate & Rental & Leasing.
How does the demographic makeup of North Royalton impact rental demand? +
The city's ethnic diversity, with a population that is 47.2% White and 2.1% Asian, combined with a median age of 43.6 and an employed population of 16,278, indicates a potential for a stable and diverse rental market, with a range of industries including Information and Finance & Insurance, & Real Estate & Rental & Leasing supporting employment opportunities.
What are the key factors influencing property values in North Royalton? +
The median property value of $193,700, coupled with a median property tax of $8,910 and a homeownership rate of 71.3%, suggests that property values are supported by a strong local economy and relatively low poverty rate of 5.0%, with the average commute time of 27.5 minutes and top commute methods including driving alone and working from home also contributing to the city's appeal.
How does the quality of life in North Royalton impact its attractiveness to investors? +
The city's average commute time of 27.5 minutes, top commute methods including driving alone and working from home, and high health insurance coverage of 94.1% all contribute to a high quality of life, making it an attractive location for renters and investors alike, with the added benefit of a diverse economy driven by top industries like Public Administration and Information.
What role does income inequality play in the North Royalton real estate market? +
The GINI coefficient of 0.411, which measures income inequality, combined with a poverty rate of 5.0% and a median household income of $66,683, suggests that while there is some income inequality, the overall economy is relatively stable and supportive of real estate investment, with a range of industries and a diverse population contributing to a robust local market.

North Royalton OH Real Estate & City Facts

Key facts and real estate information about North Royalton OH.

What are some of the best neighborhoods to live in North Royalton? +
Some of the best neighborhoods to live in North Royalton include East North Royalton, Oakridge, and the North Royalton Park Area. These neighborhoods are known for being peaceful, family-friendly, and having easy access to parks and nature preserves.
What are some fun things to do in North Royalton? +
There are plenty of fun things to do in North Royalton, including visiting the St. Paul Greek Orthodox Church, Blue Monkey Brewing Company, and Metrillo Wine Cellars. You can also explore the Royalview Mountain Bike Trail, Princess Ledges Nature Preserve, and Plum Creek Park South. Additionally, the city has a variety of restaurants and bars, such as Fire45 Grille & Social and Niko's Bar & Gyros.
What is the food scene like in North Royalton? +
The food scene in North Royalton is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include In The Weeds, Trivs Restaurant and Lounge, and Quintaesencia. You can also find great food at Fire 45 Grille & Social, Niko's Bar & Gyros, and Jaipur Junction. There are also plenty of great food trucks and local breweries, such as Blue Monkey Brew Company.
What are the pros and cons of living in North Royalton? +
The pros of living in North Royalton include its peaceful and family-friendly neighborhoods, easy access to parks and nature preserves, and a variety of restaurants and bars. However, some cons include the city's relatively high property taxes and the need for a car to get around. Additionally, some areas of the city may be more prone to traffic and congestion. Overall, North Royalton is a great place to live for those who value a quiet, suburban lifestyle with access to amenities and activities.
Is North Royalton a good place to live? +
Yes, North Royalton is a good place to live for those who value a peaceful, suburban lifestyle with access to amenities and activities. The city has a strong sense of community, with many family-friendly neighborhoods and a variety of restaurants and bars. While it may have some drawbacks, such as high property taxes and traffic congestion, overall North Royalton is a great choice for those looking for a quiet, comfortable 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 North Royalton OH Commercial Property: $66,683

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⭐ Featured

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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