Bucyrus, ND High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bucyrus, North Dakota Market population: 12K. 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 Bucyrus OH Properties: 1.5800%
⭐ 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 Bucyrus OH
Common questions from investors exploring commercial real estate in Bucyrus OH.
What's the overall investment potential of Bucyrus, OH, considering its demographics and economy?
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Bucyrus, OH, with a population of 12,235 and a median age of 44.1, presents a unique investment opportunity, especially given its top industries in Wholesale Trade, Public Administration, and Manufacturing, which can drive demand for housing. The city's median household income of $35,280 and a poverty rate of 17.7% suggest a need for affordable housing options. Additionally, the high health insurance coverage rate of 91.4% indicates a relatively stable workforce.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Bucyrus, OH?
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The average commute time of 22.2 minutes in Bucyrus, OH, combined with the prevalence of driving alone (83.2%) and carpooling (10.3%), suggests that the city has a manageable and relatively short commute time, enhancing the quality of life for residents. This, coupled with a high health insurance rate of 91.4%, indicates a stable and potentially attractive market for renters, considering the city's median property value of $80,700 and median property taxes of $3,192.
What role does ethnic diversity play in the demand for real estate in Bucyrus, OH, and how might it influence investment decisions?
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Bucyrus, OH, has a diverse population with top ethnicities including White (48.9%), White Non-Hispanic (48.2%), and Hispanic (0.9%), which can contribute to a vibrant community. This diversity, along with the city's top industries in Wholesale Trade, Public Administration, and Manufacturing, may attract a varied workforce, potentially increasing demand for housing and making it an attractive location for real estate investment, especially considering the city's median household income of $35,280 and a foreign-born rate of 0.9%.
How do poverty rates and health insurance coverage interact to affect the stability of the rental market in Bucyrus, OH?
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The poverty rate of 17.7% in Bucyrus, OH, might suggest challenges in the rental market, but when combined with the high health insurance coverage rate of 91.4%, it indicates a workforce with access to healthcare, potentially leading to more stable tenants. This stability, along with the city's employed population of 4,740 and a GINI coefficient of 0.402, suggests that investing in affordable housing could yield positive returns, given the median property value of $80,700 and the homeownership rate of 62.5%.
What insights can be gleaned from the city's industries and commute methods for real estate investment strategies in Bucyrus, OH?
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The top industries in Bucyrus, OH, including Wholesale Trade, Public Administration, and Manufacturing, point to a strong demand for housing from workers in these sectors. The commute methods, with a significant portion driving alone (83.2%) and carpooling (10.3%), suggest that proximity to these industries and convenient transportation options could be key factors in successful real estate investments, considering the average commute time of 22.2 minutes and the median household income of $35,280.
Bucyrus OH Real Estate & City Facts
Key facts and real estate information about Bucyrus OH.
What are some of the best neighborhoods to live in Bucyrus?
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Some of the best neighborhoods to live in Bucyrus include Southern Ave, Oceola, and Upper Sandusky. These neighborhoods are known for their quiet and friendly atmosphere, well-kept homes, and peaceful surroundings. However, it's always a good idea to do your own research and visit the neighborhoods in person to get a feel for the area.
What are some fun things to do in Bucyrus?
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There are plenty of fun things to do in Bucyrus, including visiting the Crawford County Art Center, attending the Bucyrus Bratwurst Festival, and exploring the scenic nature trails. You can also check out the Crossroads Candle Factory Outlet Store, The Stalls at Pickwick Place, and Cooper's Mill. If you're looking for something to eat, be sure to try some of the local restaurants like Baker's Pizza, LuLu's Diner, and Old 30.
What is the food scene like in Bucyrus?
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The food scene in Bucyrus is a mix of traditional American cuisine and international flavors. You can find everything from classic burgers and sandwiches to Greek cuisine at restaurants like Little Athens. There are also plenty of great food trucks and local eateries to try. If you're looking for a unique dining experience, be sure to check out the Bucyrus Taphouse, which features a wide selection of Ohio-brewed beers and delicious pub fare.
What are the pros and cons of living in Bucyrus?
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The pros of living in Bucyrus include its small-town charm, friendly community, and affordable cost of living. However, some cons include the limited job opportunities and slower pace of life. Additionally, some areas of the town may have higher crime rates or limited access to certain amenities. Overall, Bucyrus is a great place to live for those who value a close-knit community and a relaxed atmosphere.
Is Bucyrus a good place to live?
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Bucyrus can be a great place to live for the right person. It offers a unique blend of small-town charm and natural beauty, with plenty of opportunities to get involved in the community. However, it may not be the best fit for everyone, particularly those who are looking for a more fast-paced or urban lifestyle. Ultimately, whether or not Bucyrus is a good place to live depends on your individual preferences and priorities.
⭐ 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 Bucyrus OH Commercial Property: $35,280
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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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