Meriden, KS High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Meriden, Kansas Market population: 60K. Compare commercial properties across all major asset classes with...
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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 Meriden CT Properties: 3.4800%
⭐ 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 Meriden CT
Common questions from investors exploring commercial real estate in Meriden CT.
What is the overall investment potential of Meriden, CT, considering its demographics and economy?
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Meriden, CT, with a population of 60,480 and a median age of 38.4, presents a stable investment market, given its median household income of $57,633 and a relatively low poverty rate of 12.1%, indicating a strong and stable workforce, which is further supported by its diverse economy led by Health Care & Social Assistance, Retail Trade, and Manufacturing industries.
How does the ethnic diversity and foreign-born rate impact the demand for housing in Meriden?
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The city's ethnic diversity, with top ethnicities being White (73.1%), Hispanic or Latino (23.1%), and Asian (4.5%), combined with a foreign-born rate of 17.3%, suggests a culturally rich and potentially growing community, which can lead to increased demand for housing, especially considering the city's median property value of $173,400 and homeownership rate of 63.2%.
What are the implications of commute times and health insurance coverage on the quality of life and tenant stability in Meriden?
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The average commute time of 24.4 minutes, with the majority driving alone (83.1%) but also having access to public transportation (4.2%), indicates a manageable and relatively stress-free commute, which, combined with a high health insurance coverage rate of 95.5%, suggests a high quality of life and potential for stable, employed tenants, making it an attractive location for real estate investment.
How do the top industries in Meriden influence the local job market and, consequently, the rental market?
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The top industries in Meriden, including Health Care & Social Assistance, Retail Trade, and Manufacturing, provide a solid foundation for employment opportunities, which in turn supports a stable rental market, considering the employed population of 28,419 and the median household income of $57,633, indicating that residents have the means to afford housing, whether buying or renting.
What insights can be gleaned from the poverty rate, GINI coefficient, and homeownership rate regarding the socioeconomic stability of Meriden?
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The poverty rate of 12.1%, GINI coefficient of 0.443, and homeownership rate of 63.2% in Meriden suggest a community with socioeconomic challenges but also with a significant portion of the population having achieved a level of financial stability, as indicated by the homeownership rate and median property value of $173,400, making it a viable location for real estate investment, especially for those looking to support community development and stability.
Meriden CT Real Estate & City Facts
Key facts and real estate information about Meriden CT.
What are some of the best neighborhoods to live in Meriden?
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Some of the best neighborhoods to live in Meriden include East Meriden, Hubbard Park area, and the East Side off Paddock Ave. These neighborhoods offer a quiet and residential atmosphere, with well-kept homes.
What are some fun things to do in Meriden?
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There are several fun things to do in Meriden, including visiting Hubbard Park, the Quinnipiac River Linear Trail, and the Hunter Golf Club. You can also check out the Meriden Farmers' Market for some local produce.
What is the food scene like in Meriden?
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The food scene in Meriden is diverse and offers a range of options. Some popular restaurants include Lima 32, Tacos Mi Nacho, Little Charm Eatery, Little Rendezvous, Huxley's Bookmark Cafe , Gianni's Restaurant , Taino Smokehouse Prime , Casa Mia at the Hawthorne , and Red Fox. There are also plenty of great food trucks and local eateries serving everything from BBQ to Mexican cuisine.
What are the pros and cons of living in Meriden?
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The pros of living in Meriden include its quiet neighborhoods , local parks , and community events. However , some cons include higher crime rates in certain areas , limited job opportunities , and a need for more diverse entertainment options.
Is Meriden a good place to live?
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Meriden can be a good place to live for those who value a quiet , residential atmosphere , and a strong sense of community. While it may not offer the same level of diversity or entertainment options as larger cities , it has its own unique charm , with plenty of local amenities , including parks , restaurants , and community events.
⭐ 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 Meriden CT Commercial Property: $57,633
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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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