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Cortland, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Cortland, Ohio Market population: 19K. Explore income-producing properties with verified cap rates and operating...

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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 Cortland NY Properties: 3.2600%

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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 Cortland NY

Common questions from investors exploring commercial real estate in Cortland NY.

What's the overall investment outlook for Cortland, NY, considering its demographics and economy? +
Cortland's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a foreign born rate of 4.8%, suggests a culturally rich environment. The median household income of $38,841 and a poverty rate of 23.0% indicate a working-class market, while the 95.9% health insurance coverage and 16.6-minute average commute time suggest a stable and accessible location for renters.
How does the local economy impact the real estate market in Cortland, NY? +
The top industries in Cortland, including Information, Agriculture, Forestry, Fishing & Hunting, & Mining, and Public Administration, contribute to a median household income of $38,841 and an employed population of 8,238. This, along with a relatively low GINI coefficient of 0.457, indicates a stable economy with opportunities for growth, making it an attractive location for real estate investment.
What are the key factors to consider when evaluating the housing market in Cortland, NY? +
The median property value of $93,300 and median property taxes of $2,965, combined with a homeownership rate of 46.3%, suggest an affordable housing market. Additionally, the average commute time of 16.6 minutes and top commute methods of driving alone, carpooling, and walking indicate a convenient and accessible location, which can positively impact rental yields and property appreciation.
How does the quality of life in Cortland, NY affect its attractiveness to real estate investors? +
The city's high health insurance coverage rate of 95.9% and relatively low average commute time of 16.6 minutes contribute to a high quality of life, making it an attractive location for renters and potentially increasing demand for housing. Furthermore, the top industries and diverse population suggest a vibrant community, which can positively impact property values and rental income.
What role do demographics and commute times play in assessing the stability of the rental market in Cortland, NY? +
The median age of 26.4 and top ethnicities, including White and Hispanic populations, indicate a diverse and potentially young rental market. The average commute time of 16.6 minutes and top commute methods, such as driving alone and carpooling, suggest convenient access to employment opportunities, which can contribute to a stable and reliable rental income stream for investors.

Cortland NY Real Estate & City Facts

Key facts and real estate information about Cortland NY.

What are some of the best neighborhoods to live in Cortland? +
Some of the best neighborhoods to live in Cortland include Munsons Corners, Cortland, and the areas around Clinton Ave. These neighborhoods offer a peaceful and family-friendly atmosphere, with lower crime rates and a higher quality of life.
What are some fun things to do in Cortland? +
There are plenty of fun things to do in Cortland, such as visiting the 1890 House Museum, the CNY Living History Center, and the Lime Hollow Nature Center. You can also explore the local shops and restaurants on Main Street, or rent a boat on Owasco lake and visit Emerson Park.
What is the food scene like in Cortland? +
The food scene in Cortland is diverse and exciting, with a range of local restaurants and breweries to try. Some popular spots include Hollenbeck's Cider Mill, The Red Jug Pub, Thai Garden Restaurant, and Yori House. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Cortland? +
The pros of living in Cortland include its peaceful and family-friendly atmosphere, lower crime rates, and a higher quality of life. However, some cons include a relatively high poverty rate and limited job opportunities. Overall, Cortland is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Cortland a good place to live? +
Yes, Cortland is a good place to live for those who value a peaceful and family-friendly atmosphere, with plenty of outdoor activities and a growing food scene. While it may have some limitations in terms of job opportunities, the community is close-knit and welcoming, making it a great choice for families and individuals alike.
⭐ 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 Cortland NY Commercial Property: $38,841

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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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