Hubbard, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Hubbard, Minnesota Market population: 8K. 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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Hubbard OH Properties: 1.9200%
⭐ 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 Hubbard OH
Common questions from investors exploring commercial real estate in Hubbard OH.
What's the overall investment outlook for Hubbard, OH?
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With a median household income of $41,101 and a relatively low poverty rate of 11.6%, Hubbard, OH presents a stable investment market, further reinforced by its high health insurance coverage of 95.3% and a short average commute time of 20.2 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand?
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The top industries in Hubbard, including Finance & Insurance, and Professional, Scientific, & Management Services, contribute to a diverse economy, which, combined with a high employment rate and low poverty, suggests a strong demand for housing, especially considering the area's ethnic diversity with a predominant White population and a notable presence of other ethnicities.
What are the key factors influencing property values in Hubbard?
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The median property value of $91,100, coupled with a median property tax of $2,696 and a high homeownership rate of 75.2%, indicates a stable and potentially appreciating housing market, further supported by the area's low poverty rate and high health insurance coverage, which can attract reliable tenants and buyers.
How does the commute and transportation infrastructure affect the quality of life for residents?
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The short average commute time of 20.2 minutes, with the majority driving alone or carpooling, and a notable percentage working from home, suggests that Hubbard offers a convenient and flexible lifestyle, which, when combined with its high health insurance rate and low poverty, makes it an attractive location for both families and professionals, potentially increasing demand for real estate.
What role does ethnic diversity and income inequality play in the local real estate market?
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The ethnic diversity in Hubbard, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community, while the GINI coefficient of 0.389 indicates a moderate level of income inequality, which, when considered alongside the low poverty rate of 11.6% and high health insurance coverage of 95.3%, suggests a relatively stable and equitable market with potential for long-term growth and investment returns.
Hubbard OH Real Estate & City Facts
Key facts and real estate information about Hubbard OH.
What are some of the best neighborhoods to live in Hubbard?
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Some of the best neighborhoods to live in Hubbard include Hubbard/W Liberty, which is a peaceful and family-friendly neighborhood with quiet streets and a welcoming atmosphere. Other desirable areas tend to be in the northwest parts of the city, while more affordable homes are in the west regions. Neighborhoods like Cortland and Howland Center are also highly rated.
What are some fun things to do in Hubbard?
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There are plenty of fun things to do in Hubbard, such as visiting Tylee Park, Brookfield Community Park, and Deer Creek Batting Cages. You can also explore the Penn Ohio Golf Trail, go fishing or boating at Shenango River Lake, or take a ride on the J&L Narrow Gauge Railroad. Additionally, there are several parks and recreation areas, like Jones Field Park and Pine Lakes Golf Club.
What is the food scene like in Hubbard?
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The food scene in Hubbard is diverse and offers a range of options. You can find hearty meals at family-owned restaurants like Village Tavern, or try some comfort food at Eagle Grille Tavern. There are also plenty of great places to grab breakfast, like Rhonda's Emerald Diner, and some excellent spots for wings and other pub fare. If you're looking for something different, you can explore the Italian Food Trail in Northeast Ohio or visit local wineries like Hartford Hill Winery.
What are the pros and cons of living in Hubbard?
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The pros of living in Hubbard include its peaceful and family-friendly community, with quiet streets and a welcoming atmosphere. The city also has a range of outdoor recreational opportunities and a diverse food scene. However, some cons might include the relatively high poverty rate and income inequality, as well as the need for a car to get around, as public transportation options are limited. Additionally, some areas of the city may have more affordable housing options, but these may come with trade-offs in terms of amenities and services.
Is Hubbard a good place to live?
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Overall, Hubbard can be a good place to live for those who value a peaceful and family-friendly community with plenty of outdoor recreational opportunities. While it may have some drawbacks, such as limited public transportation and some areas with more affordable but less desirable housing, the city's diverse food scene, range of parks and recreation areas, and welcoming atmosphere make it a great option for many people. As with any city, it's essential to weigh the pros and cons and consider your individual priorities and needs before deciding if Hubbard is the right fit for you.
⭐ 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 Hubbard OH Commercial Property: $41,101
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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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