Marion Oaks, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Marion Oaks, Florida Market population: 37K. Explore income-producing properties with verified cap rates and...

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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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📊 Avg Property Tax Rate For Marion Oaks FL Properties: 1.0400%

📊 Average Income For Marion Oaks FL Commercial Property: $33,586

Investor Questions For Marion Oaks FL

Common questions from investors exploring commercial real estate in Marion Oaks FL.

What is the overall investment potential of Marion, OH, considering its demographic and economic factors? +

Marion, OH's median household income of $33,586, combined with a poverty rate of 22.6% and a high health insurance coverage of 90.6%, suggests a relatively stable market with a mix of working-class and employed individuals. The top industries, including Information and Construction, contribute to the local economy, while the median property value of $77,500 and median property taxes of $7,415 indicate a relatively affordable housing market. The city's ethnic diversity, with a predominant White population and a notable presence of Two Or More ethnicities, may attract a diverse range of tenants.

How does the commute time and transportation infrastructure impact the quality of life for residents and potential tenants in Marion, OH? +

The average commute time of 19.5 minutes in Marion, OH, which is relatively short, and the top commute methods of Drove Alone, Carpooled, and Worked At Home, indicate a convenient and flexible transportation infrastructure. This, combined with the high health insurance coverage of 90.6%, suggests a good quality of life for residents, making it an attractive location for potential tenants. The employed population of 12,964 and the median age of 37.2 also contribute to a stable and relatively young workforce.

What are the implications of the poverty rate and income inequality on the rental market and tenant quality in Marion, OH? +

The poverty rate of 22.6% in Marion, OH, although relatively high, is mitigated by the high health insurance coverage of 90.6%, which suggests that many residents have access to employment and healthcare benefits. The GINI coefficient of 0.433 indicates a moderate level of income inequality, which may impact the rental market. However, the median household income of $33,586 and the employed population of 12,964 contribute to a relatively stable market, and the top industries, including Information and Construction, provide a diverse range of employment opportunities.

How does the ethnic diversity and demographic makeup of Marion, OH impact the demand for housing and rental properties? +

The ethnic diversity of Marion, OH, with a predominant White population and a notable presence of Two Or More ethnicities, may attract a diverse range of tenants. The median age of 37.2 and the employed population of 12,964 contribute to a relatively young and stable workforce, which can drive demand for housing and rental properties. The top industries, including Information and Construction, also provide a diverse range of employment opportunities, which can attract a range of tenants and support the local housing market.

What are the key factors that investors should consider when evaluating the potential for property appreciation and rental yields in Marion, OH? +

Investors should consider the median property value of $77,500, which is relatively affordable, and the median property taxes of $7,415, which can impact cash flow. The homeownership rate of 56.4% and the employed population of 12,964 contribute to a relatively stable market, while the top industries, including Information and Construction, provide a diverse range of employment opportunities. The average commute time of 19.5 minutes and the high health insurance coverage of 90.6% also indicate a good quality of life, which can support property appreciation and rental yields.

Marion Oaks FL Real Estate & City Facts

Key facts and real estate information about Marion Oaks FL.

What are some of the best neighborhoods to live in Marion Oaks? +

Some of the best neighborhoods to live in Marion Oaks include the Historic District, Heath Brook, and areas with large lots and open space. However, it's worth noting that some areas have higher crime rates and traffic issues, so it's essential to research and visit the area before making a decision.

What are some fun things to do in Marion Oaks? +

There are plenty of fun things to do in Marion Oaks, including visiting the Silver Springs River, Don Garlits Museum of Drag Racing, and exploring the many parks and nature reserves in the area. You can also go horseback riding, see horse shows and events, and follow the Painted Horse Trail.

What is the food scene like in Marion Oaks? +

The food scene in Marion Oaks is diverse and offers a range of options, including restaurants like Miller's Ale House, Ocean Buffet, Old San Juan Restaurant, and Tom's Cuban on the Go. There are also plenty of great food trucks and local eateries to try.

What are the pros and cons of living in Marion Oaks? +

The pros of living in Marion Oaks include its natural beauty, outdoor recreational opportunities, and friendly community. However, some cons include higher crime rates in certain areas, traffic issues, and a limited number of job opportunities. It's essential to weigh these factors and consider what's important to you before making a decision.

Is Marion Oaks a good place to live? +

Marion Oaks can be a good place to live for those who value a quiet, rural lifestyle and are looking for affordable housing options. However, it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle or have concerns about crime and traffic. Ultimately, it's crucial to research and visit the area to determine if it's the right fit for you.

Marion Oaks, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Marion Oaks FL Properties: 1.0400%

📊 Average Income For Marion Oaks FL Commercial Property: $33,586

Investor Questions For Marion Oaks FL

Marion Oaks FL Real Estate & City Facts

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