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North Ridgeville, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Ridgeville, Ohio Market population: 35K. 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 North Ridgeville OH Properties: 1.8200%

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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 North Ridgeville OH

Common questions from investors exploring commercial real estate in North Ridgeville OH.

What are the key factors that indicate a stable investment market in this city? +
The combination of a relatively low poverty rate of 6.1%, a high health insurance coverage rate of 96%, and a strong median household income of $78,341 suggests a stable investment market with a solid foundation for rental income and property appreciation. Additionally, the diverse economy with top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing provides a broad base for employment and market demand. The city's ethnic diversity, with a population comprising White, Black or African American, and Asian residents, also contributes to a vibrant and stable community.
How does the city's commute time and transportation infrastructure impact the quality of life for residents and investors? +
The average commute time of 28.4 minutes, combined with a high rate of drive-alone commuters and a notable usage of public transportation, indicates a well-developed infrastructure that supports the daily needs of residents. This, in turn, enhances the quality of life and makes the city more attractive to potential renters and buyers, which is beneficial for investors. Furthermore, the city's relatively low poverty rate and high health insurance coverage rate suggest a population with stable employment and access to healthcare, which can contribute to a lower turnover rate and more reliable rental income.
What role does the city's demographic profile play in shaping the local real estate market? +
The city's median age of 42.4, combined with a high homeownership rate of 81% and a relatively low foreign-born rate of 3.4%, suggests a stable and established community with a strong sense of ownership and investment in the area. The top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing also provide a diverse range of employment opportunities, which can attract a wide range of residents and support a stable rental market. Additionally, the city's median property value of $173,400 and median property taxes of $3,245 indicate a relatively affordable housing market with a moderate tax burden.
How does the city's economic profile impact the potential for property appreciation and rental yields? +
The city's strong median household income of $78,341, combined with a diverse economy and a high employment rate, suggests a solid foundation for property appreciation and rental yields. The top industries in Healthcare & Social Assistance, Retail Trade, and Manufacturing provide a broad base for employment and market demand, which can drive up property values and support rental income. Furthermore, the city's relatively low poverty rate and high health insurance coverage rate indicate a population with stable employment and access to healthcare, which can contribute to a lower turnover rate and more reliable rental income.
What are the implications of the city's social and economic metrics for investors looking to invest in the local real estate market? +
The city's relatively low Gini coefficient of 0.43, combined with a high health insurance coverage rate of 96% and a strong median household income of $78,341, suggests a relatively equitable distribution of income and access to healthcare, which can contribute to a stable and attractive investment environment. The city's diverse economy and ethnic diversity also provide a broad base for market demand and a vibrant community, which can support property appreciation and rental yields. Additionally, the city's average commute time and transportation infrastructure indicate a well-developed and convenient location, which can enhance the quality of life for residents and support a stable rental market.

North Ridgeville OH Real Estate & City Facts

Key facts and real estate information about North Ridgeville OH.

What are some of the best neighborhoods to live in North Ridgeville? +
Some of the best neighborhoods to live in North Ridgeville include Waterbury, which is a well-maintained and family-friendly neighborhood with beautiful homes and a peaceful atmosphere. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the south regions.
What are some fun things to do in North Ridgeville? +
There are plenty of fun things to do in North Ridgeville, such as visiting the Sandy Ridge Reservation, playing tennis or golf at the North Ridge Tennis and Golf Club, or exploring the shops and restaurants at the Blue Barn Shops. You can also check out the Antiques on the Ridge or have some fun at Mulligan's Family Fun.
What is the food scene like in North Ridgeville? +
The food scene in North Ridgeville is diverse and exciting, with plenty of options to choose from. Some popular restaurants include Plum Asian Fare And Sushi, The Feve, and Royal Taste Of Bengal. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in North Ridgeville? +
The pros of living in North Ridgeville include its natural areas, historical sites, and community events. However, some cons include the limited nightlife and entertainment options compared to larger cities. Additionally, traffic and commute times can be a challenge, especially during rush hour.
Is North Ridgeville a good place to live? +
Overall, North Ridgeville is a great place to live, with its strong sense of community, beautiful parks, and convenient location. While it may not have all the amenities of a big city, it offers a unique blend of small-town charm and accessibility to larger cities like Cleveland. It's a great option for families, retirees, and anyone looking for a more relaxed pace of life.
⭐ 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 North Ridgeville OH Commercial Property: $78,341

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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
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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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