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Wapakoneta, OH High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wapakoneta, Ohio Market population: 10K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Wapakoneta OH Properties: 1.5000%

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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 Wapakoneta OH

Common questions from investors exploring commercial real estate in Wapakoneta OH.

What's the overall investment potential of Wapakoneta, OH, considering its demographics and economy? +
Wapakoneta's median household income of $46,180, combined with a relatively low poverty rate of 12.6% and high health insurance coverage of 93.7%, suggests a stable market with a strong foundation for rental income. The top industries, including Educational Services and Health Care, also indicate a diverse economy, which is further supported by the city's low average commute time of 20.6 minutes.
How does the city's ethnic diversity and foreign-born population impact the real estate market? +
The city's ethnic diversity, with a majority of White (48.2%) and White Non-Hispanic (47.3%) populations, and a low foreign-born rate of 1.1%, may indicate a relatively stable and homogeneous market. However, the presence of top industries like Educational Services and Health Care could attract a diverse workforce, potentially increasing demand for housing and driving up property values, such as the current median property value of $98,100.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of the city to investors? +
The average commute time of 20.6 minutes, high health insurance coverage of 93.7%, and low poverty rate of 12.6% all contribute to a high quality of life in Wapakoneta. Additionally, the city's homeownership rate of 64.8% and median property taxes of $2,678 suggest a stable and affordable housing market, making it an attractive option for investors looking for long-term rental income and potential property appreciation.
How do the top industries in Wapakoneta impact the local job market and, subsequently, the demand for housing? +
The presence of top industries like Educational Services, Health Care, and Public Administration suggests a stable job market with a mix of public and private sector employment. This diversity of industries, combined with a relatively low poverty rate of 12.6% and high employment rate, as evidenced by the 4,659 employed population, indicates a strong demand for housing, which could drive up property values and rental yields, particularly in areas with easy access to these major employment centers.
What role do income inequality and the GINI coefficient play in assessing the investment potential of Wapakoneta? +
Wapakoneta's GINI coefficient of 0.343 indicates a relatively low level of income inequality, which, when combined with the median household income of $46,180 and poverty rate of 12.6%, suggests a stable and equitable distribution of wealth. This stability, along with the city's high health insurance coverage of 93.7% and low average commute time of 20.6 minutes, contributes to a favorable investment environment, as it may reduce the risk of economic downturns and support long-term property appreciation and rental income.

Wapakoneta OH Real Estate & City Facts

Key facts and real estate information about Wapakoneta OH.

What are some of the best neighborhoods to live in Wapakoneta? +
Some of the best neighborhoods to live in Wapakoneta include Poppy, Jennings Township, and Monroe Township. These neighborhoods are known for their friendly atmosphere, well-kept homes, and quiet streets. For example, Poppy is a peaceful neighborhood with a strong sense of community, while Jennings Township offers a more rural feel with plenty of outdoor spaces.
What are some fun things to do in Wapakoneta? +
There are plenty of fun things to do in Wapakoneta, including visiting the Armstrong Air & Space Museum, exploring the Temple of Tolerance, and shopping at the Auglaize Antique Mall. You can also enjoy the outdoors at Fort Amanda Memorial Park or Glacier Hill Lakes. If you're looking for something more adventurous, try escape rooms at Escape Wapak or ax throwing.
What is the food scene like in Wapakoneta? +
The food scene in Wapakoneta is diverse and delicious, with plenty of local restaurants serving up everything from burgers to Italian cuisine. Some popular spots include The Side Rail, El Azteca, and Casa Lu Al. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. For a unique dining experience, try The Whaling Knife or Al's Woody's.
What are the pros and cons of living in Wapakoneta? +
The pros of living in Wapakoneta include its friendly community, affordable housing, and plenty of outdoor spaces. However, some cons include limited job opportunities and a relatively small town feel. Additionally, some residents may find the town's rural location to be isolating. Overall, Wapakoneta is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Wapakoneta a good place to live? +
Wapakoneta is a great place to live for those who value a small-town feel and a strong sense of community. With its affordable housing, plenty of outdoor spaces, and friendly residents, it's an ideal location for families and individuals looking for a relaxed pace of life. While it may not offer the same job opportunities or cultural attractions as larger cities, Wapakoneta's unique charm and natural beauty make it a wonderful place to call home.
⭐ 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 Wapakoneta OH Commercial Property: $46,180

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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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