Alliance, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Alliance, North Carolina Market population: 22K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Alliance OH Properties: 1.5500%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Alliance OH
Common questions from investors exploring commercial real estate in Alliance OH.
What is the overall investment potential of Alliance, OH, considering its demographic and economic factors?
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The city's median household income of $31,152, combined with a poverty rate of 24.7% and a high health insurance coverage rate of 90.7%, suggests a relatively stable market with opportunities for investment, particularly in affordable housing. The top industries, including Public Administration and Finance & Insurance, also indicate a diverse economy. Additionally, the city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can contribute to a vibrant community.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Alliance, OH?
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The average commute time of 17.8 minutes, which is relatively short, and the top commute methods of driving alone, carpooling, and working from home, indicate a convenient and flexible transportation infrastructure. This, combined with a high health insurance coverage rate of 90.7%, suggests a good quality of life for residents, making it an attractive location for potential renters and investors. The city's employed population of 8,904 and low unemployment rate of 6.3% also contribute to a stable rental market.
What are the implications of the city's poverty rate and income inequality on the rental market and investment potential?
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The poverty rate of 24.7% and a GINI coefficient of 0.463, indicating moderate income inequality, suggest that there may be a demand for affordable housing options in Alliance, OH. However, the city's median property value of $81,200 and median property taxes of $4,639 also indicate a relatively affordable housing market, which could attract investors looking for opportunities in affordable housing. The foreign-born rate of 1.8% and ethnic diversity may also contribute to a diverse and vibrant community.
How does the city's industry diversity and employment rate impact the local economy and investment potential?
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The top industries in Alliance, OH, including Public Administration, Finance & Insurance, and Wholesale Trade, indicate a diverse economy with a range of job opportunities. The employed population of 8,904 and low unemployment rate of 6.3% also suggest a stable and growing economy, which can contribute to a strong rental market and attractive investment opportunities. The city's median household income of $31,152 and health insurance coverage rate of 90.7% further support the potential for a stable and secure investment environment.
What are the key factors that investors should consider when evaluating the potential for property appreciation and rental yields in Alliance, OH?
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Investors should consider the city's median property value of $81,200, median property taxes of $4,639, and homeownership rate of 50.4% when evaluating the potential for property appreciation. The rental market, with a renters rate of 49.6%, and the city's demographic and economic factors, including the poverty rate, health insurance coverage, and industry diversity, should also be taken into account when assessing potential rental yields. The average commute time of 17.8 minutes and top commute methods also indicate a convenient and attractive location for potential renters.
Alliance OH Real Estate & City Facts
Key facts and real estate information about Alliance OH.
What are some of the best neighborhoods to live in Alliance?
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Some of the best neighborhoods to live in Alliance include Lexington Township, Knox Township, and the northwest parts of the city. These areas are known for their peaceful atmosphere, beautiful landscapes, and strong sense of community. Additionally, neighborhoods like Kent and Cuyahoga Falls are also recommended for their decent spot to live and commute time.
What are some fun things to do in Alliance?
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There are plenty of fun things to do in Alliance, including visiting the Troll Hole Museum, Beech Creek Botanical Garden & Nature Preserve, and Glamorgan Castle. You can also enjoy outdoor activities at Funtimes Fun Park, which features 20 rides and attractions. Downtown Alliance has some really cool shops, including Mac's Attic and Pocket Change, and the castle is gorgeous as well as Beech Creek Gardens.
What is the food scene like in Alliance?
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The food scene in Alliance is diverse and offers a range of options. Some popular restaurants include Texas Roadhouse, College Inn, Jalisco Mexican Restaurant, and Polinori's Palm Garden Inn. You can also find foodie restaurants like Mrs. Yoder's Kitchen and The Battleground. Additionally, there are plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Alliance?
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The pros of living in Alliance include its peaceful atmosphere, beautiful landscapes, and strong sense of community. The city also has a range of outdoor activities and attractions to enjoy. However, some cons include the limited job opportunities and higher poverty rate compared to other cities. Additionally, the city's economy is largely based on public administration, finance, and insurance, which may not be ideal for everyone.
Is Alliance a good place to live?
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Alliance can be a good place to live for those who value a peaceful atmosphere, beautiful landscapes, and a strong sense of community. The city has a range of outdoor activities and attractions to enjoy, and its commute time is relatively short. However, the limited job opportunities and higher poverty rate may be a concern for some. Ultimately, whether Alliance is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Alliance OH Commercial Property: $31,152
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
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
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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