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Ardmore, PA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ardmore, Pennsylvania Market population: 25K. Explore income-producing properties with verified cap rates and operating...

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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

πŸ“Š Avg Property Tax Rate For Ardmore OK Properties: 5.7000%

πŸ“Š Average Income For Ardmore OK Commercial Property: $39,011

Investor Questions For Ardmore OK

Common questions from investors exploring commercial real estate in Ardmore OK.

What is the overall investment potential of Ardmore, OK, considering its demographic and economic factors? +
Ardmore's median household income of $39,011, combined with a poverty rate of 18.2% and a health insurance coverage of 83.2%, suggests a relatively stable market with opportunities for investment, particularly in affordable housing. The city's diverse economy, with top industries including Information, Wholesale Trade, and Agriculture, supports a range of employment opportunities, which can contribute to a stable rental market. Additionally, the average commute time of 15.3 minutes and high homeownership rate of 58.0% indicate a desirable quality of life for residents.
How does the ethnic diversity and foreign-born population impact the real estate market in Ardmore, OK? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Two Or More, and a foreign-born rate of 4.5%, may contribute to a culturally rich and dynamic community, which can attract businesses, residents, and investors. The relatively low foreign-born rate suggests a stable, long-term resident population, which can lead to lower vacancy rates and more consistent rental income for investors. Furthermore, the median property value of $95,700 and median property taxes of $5,460 provide a relatively affordable entry point for investors.
What are the implications of Ardmore's commute times and transportation methods for real estate investors? +
The average commute time of 15.3 minutes and top commute methods of Drove Alone, Carpooled, and Worked At Home indicate a convenient and relatively stress-free living environment, which can enhance the attractiveness of the area to potential residents and increase demand for housing. This, combined with the city's relatively high health insurance coverage rate of 83.2%, suggests a stable and secure population, which can lead to lower turnover rates and more consistent cash flow for investors. The employed population of 10,302 and top industries also support a range of employment opportunities, contributing to a stable rental market.
How does the poverty rate and income inequality in Ardmore, OK affect the real estate market? +
The poverty rate of 18.2% and GINI coefficient of 0.483 suggest a working-class market with some income inequality, which may impact the affordability and demand for certain types of housing. However, the median household income of $39,011 and health insurance coverage rate of 83.2% indicate a relatively stable and secure population, which can lead to more consistent rental income for investors. The top industries, including Information and Wholesale Trade, also support a range of employment opportunities, contributing to a stable rental market and potentially offsetting some of the negative effects of poverty and income inequality.
What are the overall quality of life and safety implications for real estate investors in Ardmore, OK? +
The average commute time of 15.3 minutes, high health insurance coverage rate of 83.2%, and relatively low obesity rate of 31.4% suggest a desirable quality of life for residents, which can enhance the attractiveness of the area to potential residents and increase demand for housing. However, the violent crime rate of 550.6 per 100,000 and property crime rate of 3,514.1 per 100,000 may be a concern for investors, potentially impacting property values and rental income. The median property value of $95,700 and median property taxes of $5,460 provide a relatively affordable entry point for investors, but the safety concerns may require additional consideration and planning to mitigate potential risks.

Ardmore OK Real Estate & City Facts

Key facts and real estate information about Ardmore OK.

What are some of the best neighborhoods to live in Ardmore? +
Some of the best neighborhoods to live in Ardmore, OK, are in the north parts of the city, while more affordable homes are in the west regions. The 4th-12th NW neighborhood is a peaceful, family-friendly neighborhood with clean, tree-lined streets and a sense of community.
What are some fun things to do in Ardmore? +
Unfortunately, I was unable to find information about specific things to do and attractions in Ardmore, OK. However, the city has a variety of residential settings and a strong sense of community, which may indicate that there are local events and activities to enjoy.
What is the food scene like in Ardmore? +
The food scene in Ardmore, OK, includes a variety of restaurants, such as Cafe Alley, TWO FROGS GRILL, Prairie Kitchen, and Giovanni's Italian Restaurant. There are also options for Mexican food, seafood, and drinks. Additionally, there are some hip new restaurants in the area, including Cantina Lime and Scout Market.
What are the pros and cons of living in Ardmore? +
Some pros of living in Ardmore, OK, include the city's peaceful and family-friendly neighborhoods, variety of residential settings, and strong sense of community. However, some cons may include the limited information available about things to do and attractions in the area, which may indicate a lack of entertainment options. Additionally, the city's population and economy may be affected by its location and industry.
Is Ardmore a good place to live? +
Ardmore, OK, may be a good place to live for those who value a peaceful and family-friendly community, with a variety of residential settings and a strong sense of community. However, those who are looking for a city with a wide range of entertainment options and a diverse economy may want to consider other options. Ultimately, whether or not Ardmore is a good place to live depends on an individual's personal preferences and priorities.
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