Kenwood, OH Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Kenwood, Ohio Market population: 7K. Compare commercial properties across all major asset classes with...
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 Kenwood OH Properties: 2.3200%
⭐ 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 Kenwood OH
Common questions from investors exploring commercial real estate in Kenwood OH.
What's the overall investment outlook for Kenwood, OH, considering its demographics and economy?
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Kenwood, OH presents a stable investment market, with a median household income of $69,231, a relatively low poverty rate of 6.1%, and a high health insurance coverage rate of 95.2%, indicating a strong and secure tenant base. The top industries, including Manufacturing and Professional Services, contribute to a diverse economy, while the foreign-born rate of 10.3% and top ethnicities like White and Asian suggest a culturally rich community. With a median property value of $247,300 and an average commute time of 19.9 minutes, Kenwood offers an attractive balance of affordability and accessibility.
How does the commute time and transportation infrastructure impact the rental market in Kenwood?
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The average commute time of 19.9 minutes in Kenwood, combined with top commute methods like driving alone and working from home, suggests a convenient and flexible transportation infrastructure that supports a strong rental market. Additionally, the high health insurance coverage rate of 95.2% and low poverty rate of 6.1% indicate a stable and secure population, making it an attractive location for renters and investors alike. The diversity of top industries, including Manufacturing and Wholesale Trade, also contributes to a robust job market, further bolstering the rental market.
What role does ethnic diversity play in shaping the demand for real estate in Kenwood?
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The ethnic diversity in Kenwood, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant and inclusive community that can attract a wide range of residents and businesses. This diversity, combined with a strong economy and high median household income of $69,231, creates a desirable location for people from various backgrounds, driving up demand for real estate. Furthermore, the relatively low poverty rate of 6.1% and high health insurance coverage rate of 95.2% suggest a stable and secure population, making Kenwood an attractive market for investors.
How do the top industries in Kenwood impact the local real estate market and investment opportunities?
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The top industries in Kenwood, including Manufacturing, Wholesale Trade, and Professional Services, contribute to a diverse and robust economy, creating a strong demand for real estate. The median property value of $247,300 and median property taxes of $1,848 indicate a relatively affordable housing market, while the high homeownership rate of 62.6% and low poverty rate of 6.1% suggest a stable and secure community. With a high health insurance coverage rate of 95.2% and an average commute time of 19.9 minutes, Kenwood offers an attractive location for both residents and businesses, making it an appealing market for real estate investors.
What are the key factors that contribute to the quality of life in Kenwood, and how do they impact real estate investment?
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The quality of life in Kenwood is influenced by factors such as the high health insurance coverage rate of 95.2%, low poverty rate of 6.1%, and relatively short average commute time of 19.9 minutes. These factors, combined with a diverse economy and top industries like Manufacturing and Professional Services, create a desirable location for residents and businesses. The median household income of $69,231 and median property value of $247,300 also indicate a stable and secure market, making Kenwood an attractive location for real estate investors seeking a balance of affordability, accessibility, and quality of life.
Kenwood OH Real Estate & City Facts
Key facts and real estate information about Kenwood OH.
What are some of the best neighborhoods to live in Kenwood?
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Some of the best neighborhoods to live in Kenwood, OH include the area around Kenwood Towne Centre, which is known for its shopping and family-friendly atmosphere. Other neighborhoods, such as Indian Hill and Madeira, are also popular for their good schools and community amenities. According to reviews on Niche and NeighborhoodScout, Kenwood is considered one of the best places to live in Ohio, with a mix of medium-sized homes and a suburban feel.
What are some fun things to do in Kenwood?
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There are plenty of fun things to do in Kenwood, OH, including visiting the Kenwood Towne Centre, which offers a variety of shopping and dining options. According to Trip Advisor and Yelp, some top attractions in the area include the Hyde Park Mushroom House, Chamberlain Park, and Old Milford. For outdoor enthusiasts, Kenwood has several parks and nature preserves with scenic trails and opportunities for hiking and biking.
What is the food scene like in Kenwood?
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The food scene in Kenwood, OH is diverse and vibrant, with a range of restaurants serving everything from classic American cuisine to international flavors. Some popular restaurants in the area include Northstar Cafe, Kitchen Social, and The Park Pour, according to Yelp and OpenTable. There are also plenty of great food trucks and casual eateries, such as Slatt's Pub, that offer affordable and delicious options for lunch and dinner.
What are the pros and cons of living in Kenwood?
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The pros of living in Kenwood, OH include its family-friendly atmosphere, good schools, and convenient access to shopping and dining options. However, some cons to consider are the potential for traffic and congestion in the area, particularly around Kenwood Towne Centre. Additionally, according to some reviews on Reddit and Facebook, the area can feel a bit suburban and lacking in nightlife or entertainment options. Overall, Kenwood is a great choice for families and those looking for a quiet, suburban lifestyle.
Is Kenwood a good place to live?
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Yes, Kenwood, OH is generally considered a good place to live, with a strong sense of community and plenty of amenities. The area is known for its good schools, family-friendly atmosphere, and convenient access to shopping and dining options. While it may not be the best fit for everyone, particularly those looking for a more urban or lively lifestyle, Kenwood is a great choice for families and those who value a quiet, suburban lifestyle. As with any place, it's worth doing your own research and visiting the area to get a sense of whether it's 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 Kenwood OH Commercial Property: $69,231
⭐ 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
⭐ 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
⭐ 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