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Mayfield Heights, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Mayfield Heights, Ohio Market population: 19K. Compare commercial properties across all major asset classes...

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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 Mayfield Heights OH Properties: 2.5300%

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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 Mayfield Heights OH

Common questions from investors exploring commercial real estate in Mayfield Heights OH.

What is the overall investment potential of Mayfield Heights, OH? +
The city's relatively low poverty rate of 8.9% and high health insurance coverage of 93.6% suggest a stable market with employment opportunities, while its top industries in Information and Wholesale Trade indicate a diverse economy, making it an attractive location for real estate investment.
How does the city's demographic diversity impact market demand? +
Mayfield Heights' ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, combined with a foreign born rate of 14.5%, suggests a culturally rich and potentially vibrant rental market, with the city's median household income of $43,615 and median property value of $142,700 providing a solid foundation for investment.
What are the key factors influencing the quality of life for residents and tenants? +
The city's average commute time of 21.2 minutes, with a majority of residents driving alone or working from home, indicates a convenient and flexible transportation network, while the high health insurance coverage rate of 93.6% and relatively low poverty rate of 8.9% contribute to an overall high quality of life, making it an attractive location for tenants and investors alike.
How does the local economy impact the real estate market? +
The city's top industries in Information, Wholesale Trade, and Public Administration suggest a diverse and stable economy, with an employed population of 9,549 and a median household income of $43,615, providing a solid foundation for rental income and property appreciation, while the GINI coefficient of 0.393 indicates a relatively low level of income inequality.
What are the implications of the city's housing market trends for real estate investors? +
The city's median property value of $142,700 and median property taxes of $4,896, combined with a homeownership rate of 48.8%, suggest a relatively affordable and stable housing market, with opportunities for investors to capitalize on rental yields and potential long-term appreciation, particularly in light of the city's diverse economy and high quality of life metrics.

Mayfield Heights OH Real Estate & City Facts

Key facts and real estate information about Mayfield Heights OH.

What are some of the best neighborhoods to live in Mayfield Heights? +
Some of the best neighborhoods to live in Mayfield Heights include Woodhurst, Larchmont Estates, and the areas south of Mayfield Rd and closer to Gates Mills Blvd. These neighborhoods are known for being peaceful, safe, and having a welcoming atmosphere, with quiet streets and excellent schools.
What are some fun things to do in Mayfield Heights? +
There are plenty of fun things to do in Mayfield Heights, including visiting attractions like Cork-N-Bottle, The Boneyard, and Ross Dress For Less. You can also explore the arts and culture scene by visiting The Holden Arboretum, Rock & Roll Hall of Fame, and Cleveland Museum of Natural History. Additionally, there are several parks and nature reserves in the area, such as Buttermilk Falls, Lower Shaker Lake, and Squire's Castle.
What is the food scene like in Mayfield Heights? +
The food scene in Mayfield Heights is diverse and offers a range of options, including modern American cuisine at 56 Kitchen, Italian food at Arrabiata's, and Mexican food at Cilantro Taqueria. There are also plenty of great restaurants in the area, such as Piccolo, First Watch, and 5th Avenue Deli & Grill. Whether you're in the mood for something classic or adventurous, you'll find something to suit your taste in Mayfield Heights.
What are the pros and cons of living in Mayfield Heights? +
The pros of living in Mayfield Heights include its peaceful and safe neighborhoods, excellent schools, and convenient location. However, some areas of the city are changing slowly, and there may be some traffic and congestion in certain areas. Additionally, the city has a relatively high poverty rate and income inequality. Overall, Mayfield Heights is a great place to live for those who value a quiet and welcoming community, but it's essential to weigh the pros and cons before making a decision.
Is Mayfield Heights a good place to live? +
Mayfield Heights can be a good place to live for those who value a peaceful and safe community with excellent schools and a convenient location. While it has its challenges, such as poverty and income inequality, the city also has a lot to offer, including a diverse food scene, plenty of attractions, and a strong sense of community. Ultimately, whether Mayfield Heights is a good place to live depends on your individual priorities and preferences.
⭐ 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 Mayfield Heights OH Commercial Property: $43,615

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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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