Meridian, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Meridian, New York Market population: 78K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Meridian ID Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Meridian ID Properties: 10.8000%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

Save

Investor Questions For Meridian ID

Common questions from investors exploring commercial real estate in Meridian ID.

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

The combination of a relatively low poverty rate of 7.9%, a high health insurance coverage rate of 91.3%, and a strong median household income of $63,571 suggests a stable and attractive market for real estate investment in Meridian, ID. The city's diverse economy, with top industries including manufacturing, finance, and professional services, further supports its investment potential. Additionally, the median property value of $187,200 and median property taxes of $20,248 indicate a relatively affordable housing market.

How does the ethnic diversity and commute time in Meridian, ID impact the demand for rental properties? +

The ethnic diversity in Meridian, ID, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant and inclusive community, which can attract a wide range of renters. The average commute time of 22.1 minutes, which is relatively short, and the top commute methods of driving alone, working from home, and carpooling, indicate a convenient and flexible transportation system, making the area more appealing to potential renters.

What are the implications of Meridian, ID's income inequality and employment rates for real estate investors? +

The GINI coefficient of 0.394, which measures income inequality, suggests a relatively balanced distribution of income in Meridian, ID. When combined with the employed population of 35,135 and a poverty rate of 7.9%, this indicates a stable workforce and a lower risk of tenant default, making it an attractive market for real estate investors. The top industries in the area, including manufacturing and professional services, also contribute to a strong and diverse economy.

How do the homeownership rate and median property value in Meridian, ID affect the rental market? +

The high homeownership rate of 76.2% in Meridian, ID, may indicate a competitive rental market, as a significant portion of the population prefers to own rather than rent. However, the median property value of $187,200 and median property taxes of $20,248 suggest that purchasing a property may be relatively affordable, which could lead to increased demand for rental properties as some individuals may prefer to rent rather than buy.

What role does the health insurance coverage rate play in assessing the quality of tenants in Meridian, ID? +

The high health insurance coverage rate of 91.3% in Meridian, ID, suggests that the population has access to stable employment and benefits, which can lead to a more reliable and stable tenant base. When combined with the relatively low poverty rate of 7.9% and strong median household income of $63,571, this indicates a high-quality tenant pool with a lower risk of default, making it an attractive market for real estate investors.

Meridian ID Real Estate & City Facts

Key facts and real estate information about Meridian ID.

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

Some of the best neighborhoods to live in Meridian include Settlers Bridge, Sienna Creek, Saguaro Canyon, Paramount, Spurwing Greens, BridgeTower, Sonna, Paisley Meadows, Tully Park, and Lochsa Falls. These neighborhoods offer a range of amenities and are considered desirable for families and individuals alike.

What are some fun things to do in Meridian? +

Meridian has a variety of activities to enjoy, including visiting the Boise River, going on a guided rafting or swimming tour, exploring the city's growing culinary scene, and checking out attractions like Fly High, Sids Garage, K1 Speed Boise, and Cravin's Candy Emporium. You can also visit the Meridian Speedway or take a painting class at Painting with a Twist.

What is the food scene like in Meridian? +

The food scene in Meridian is diverse and offers a range of options, including Epi's A Basque Restaurant, Kahootz Pub & Eatery, Lucky Fins Meridian, Gino's Italian Ristorante-Bar, and Twigs Bistro and Martini Bar. There are also plenty of great food trucks and casual eateries to choose from, making it easy to find something to suit every taste and budget.

What are the pros and cons of living in Meridian? +

Meridian has a lot to offer, including a growing economy, a variety of outdoor activities, and a range of amenities. However, like any city, it also has its challenges, such as traffic and congestion in certain areas. Overall, the pros of living in Meridian include its family-friendly atmosphere, good schools, and affordable housing, while the cons include the need for a car to get around and some areas being more prone to traffic.

Is Meridian a good place to live? +

Meridian is a great place to live for those who value a small-town feel with big-city amenities. It offers a range of activities, a growing food scene, and a variety of neighborhoods to choose from. While it has its challenges, the city's pros outweigh the cons, making it an excellent choice for families, individuals, and retirees alike. With its affordable housing, good schools, and outdoor recreation opportunities, Meridian is definitely worth considering as a place to call home.

Meridian, NY Commercial Investment Properties for Sale

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

📊 Average Cap Rate For Meridian ID Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Meridian ID Properties: 10.8000%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For Meridian ID

Meridian ID Real Estate & City Facts

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