Granville, WV High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Granville, West Virginia Market population: 6K. 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 Granville OH Properties: 3.9600%
⭐ 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 Granville OH
Common questions from investors exploring commercial real estate in Granville OH.
What's the overall investment outlook for Granville, OH, considering its demographics and economy?
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With a median household income of $103,333 and a relatively low poverty rate of 4.3%, Granville, OH, presents a stable investment market, further bolstered by its high health insurance coverage rate of 97.1% and a short average commute time of 18.3 minutes, indicating a strong, employed population with access to healthcare and reliable transportation.
How does the ethnic diversity and industry mix in Granville impact real estate demand?
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The town's ethnic diversity, led by White (48.7%) and White Non-Hispanic (48.0%) populations, combined with its top industries in Manufacturing, Finance & Insurance, and Professional Services, suggests a robust and diverse economic base that can support a variety of housing needs, from rentals to owned properties, catering to different demographic groups and professional sectors.
What are the implications of Granville's commute times and health insurance rates for rental market stability?
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The 18.3-minute average commute time, coupled with a high health insurance coverage rate of 97.1%, indicates a stable and healthy workforce, which is beneficial for the rental market as it suggests tenants with stable employment and access to healthcare, reducing the risk of late payments or vacancies due to health-related issues.
How do the poverty rate and GINI coefficient influence the quality of tenants in Granville?
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The low poverty rate of 4.3% and a GINI coefficient of 0.402 suggest a relatively equitable distribution of income, which, when combined with the high median household income of $103,333, points to a tenant pool with stable financial backgrounds, potentially leading to more reliable rent payments and lower risk of delinquency.
What role does the high homeownership rate play in Granville's real estate investment landscape?
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With a homeownership rate of 76.1%, Granville's market may have less rental demand compared to areas with lower homeownership rates, but this is offset by the town's high median household income, low poverty rate, and strong industry presence, which can support a stable and potentially growing rental market, especially in niches like student or professional rentals, given the median age of 21.5 and the presence of educational institutions.
Granville OH Real Estate & City Facts
Key facts and real estate information about Granville OH.
What are some of the best neighborhoods to live in Granville?
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Some of the best neighborhoods to live in Granville include Bryn Du Woods, which is a beautiful and family-friendly neighborhood with clean, tree-lined streets and spacious yards. Other neighborhoods to consider are those near the downtown area, which offer a mix of historic homes and newer constructions. Additionally, areas like Bexley are also popular, although they may be more homeowner-oriented.
What are some fun things to do in Granville?
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There are plenty of fun things to do in Granville, including visiting the Granville Historical Society Museum, exploring the local parks and nature preserves, and attending events at the Midland Theatre. You can also take a stroll through the charming downtown area, visit the Union Square Music Hall, or go on a hike at one of the nearby trails. For families, the LEGOLAND Discovery Center Columbus is a great option, and for adults, there are several wineries and breweries in the area.
What is the food scene like in Granville?
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Unfortunately, I was unable to gather information about the food scene in Granville, but I can suggest checking out local review sites or asking residents for recommendations on the best places to eat. There are also plenty of great food trucks and restaurants in the surrounding areas, including Columbus, that are worth exploring.
What are the pros and cons of living in Granville?
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The pros of living in Granville include its charming small-town atmosphere, excellent schools, and low crime rate. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in Ohio. Additionally, the town can get quite busy during peak tourist season, which may be a drawback for some residents. Overall, Granville is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Granville a good place to live?
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Granville is a great place to live for those who are looking for a charming small-town atmosphere, excellent schools, and a low crime rate. While it may have some drawbacks, such as limited job opportunities and a higher cost of living, the town's many amenities and attractions make it an attractive option for families, retirees, and young professionals alike. Ultimately, whether or not Granville is a good place to live depends on your individual priorities and preferences, but it is definitely worth considering for those who value a close-knit community and a relaxed pace of 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 Granville OH Commercial Property: $103,333
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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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