Blanchard, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Blanchard, North Dakota Market population: 8K. Compare commercial properties across all major asset classes...
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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 Blanchard OK Properties: 0.8900%
⭐ 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 Blanchard OK
Common questions from investors exploring commercial real estate in Blanchard OK.
What's the overall investment potential of Blanchard, OK, considering its demographics and economy?
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Blanchard, OK, with a population of 7,522 and a median age of 39.8, presents a stable investment market, given its relatively low poverty rate of 8.1% and a high health insurance coverage rate of 89.4%, indicating a potentially stable tenant base. The top industries, including Transportation & Warehousing and Finance & Insurance, suggest a diverse economy, while the median household income of $66,123 and a foreign-born rate of 2.3% point to a community with economic viability.
How does the commute time and health insurance coverage impact the quality of life for renters in Blanchard, OK?
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The average commute time of 30 minutes in Blanchard, OK, combined with a high health insurance coverage rate of 89.4%, suggests a quality of life that supports a stable rental market. Additionally, the top commute methods, such as driving alone and working from home, indicate flexibility and potential for remote work, which could attract a diverse range of renters, including those from the top industries like Transportation & Warehousing and Finance & Insurance.
What role does ethnic diversity and industry variety play in the demand for real estate in Blanchard, OK?
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The ethnic diversity in Blanchard, OK, with top ethnicities including White and White Non-Hispanic, alongside a diverse industry base that includes Agriculture, Forestry, Fishing & Hunting, and Finance & Insurance, contributes to a robust demand for real estate. This diversity, coupled with a median property value of $188,300 and a homeownership rate of 82.3%, indicates a strong and stable housing market that could support both rental and ownership investments.
How do poverty rates and health insurance coverage interact to influence tenant quality in Blanchard, OK?
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The poverty rate of 8.1% in Blanchard, OK, when considered alongside the high health insurance coverage rate of 89.4%, suggests a working-class market with employment stability. This combination, along with an average commute time of 30 minutes and a median household income of $66,123, points to a tenant base that is likely to be reliable and stable, making it an attractive consideration for real estate investors.
What insights can be gleaned from the GINI coefficient and median household income regarding the economic stability of Blanchard, OK, for real estate investment?
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The GINI coefficient of 0.387 in Blanchard, OK, indicates a moderate level of income inequality, which, when combined with a median household income of $66,123, suggests an economy with a balance of higher and lower-income households. This balance, along with a strong employment population of 3,670 and top industries like Transportation & Warehousing, points to economic stability and potential for growth, making it a viable location for real estate investment, especially considering the median property value of $188,300 and median property taxes of $2,200.
Blanchard OK Real Estate & City Facts
Key facts and real estate information about Blanchard OK.
What are some of the best neighborhoods to live in Blanchard?
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Some of the best neighborhoods to live in Blanchard, OK, are in the southeast parts of the city, while more affordable homes are in the west regions. Downtown Blanchard is a peaceful and family-friendly neighborhood, and there are also other wonderful public areas to explore.
What are some fun things to do in Blanchard?
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Blanchard boasts some of the best foods Oklahoma has to offer, and come fall, Monarch butterflies migrate through town, a site for tourists to see. You can also visit DeAngel Farms & Winery, Lions Park, and the Blanchard Public Library. Additionally, there are several restaurants and shops to explore in the area, such as Burrito Grill and The Cottage on Main.
What is the food scene like in Blanchard?
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The food scene in Blanchard, OK, is vibrant and offers a variety of options, including delicious Mexican food, tacos from places like Cabo Taco, and restaurants like Burrito Grill and Dakota's Restaurant. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Blanchard?
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The pros of living in Blanchard, OK, include its peaceful and family-friendly neighborhoods, affordable homes, and wonderful public areas. However, some cons may include limited job opportunities and a relatively small town feel. Overall, Blanchard is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Blanchard a good place to live?
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Blanchard, OK, is a great place to live for those who value a peaceful and family-friendly community, with plenty of outdoor activities and a growing food scene. While it may have some limitations, such as limited job opportunities, the town's charm and natural beauty make it an attractive option for those looking to escape the hustle and bustle of city life.
⭐ 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 Blanchard OK Commercial Property: $66,123
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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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