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Warrensville Heights, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Warrensville Heights, Ohio Market population: 13K. 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 Warrensville Heights OH Properties: 3.1700%

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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 Warrensville Heights OH

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

What's the overall investment potential of Warrensville Heights, OH? +
With a median household income of $35,461 and a poverty rate of 20.6%, Warrensville Heights presents a mixed bag for investors, but the 92.7% health insurance coverage and 26.2-minute average commute time suggest a relatively stable workforce, which could be attractive for rental properties, especially given the dominant industries like Public Administration and Transportation & Warehousing.
How does the ethnic diversity and industry mix impact the local real estate market? +
The city's ethnic diversity, led by a significant Black population at 87.9%, and its industry mix, including Professional, Scientific, & Management services, could drive demand for housing, particularly considering the median property value of $93,600 and the relatively high employment rate of 5,670, which together indicate a potential for stable tenant bases and property appreciation.
What are the implications of the city's commute times and health insurance rates for real estate investors? +
The average commute time of 26.2 minutes, coupled with a high health insurance coverage rate of 92.7%, suggests that residents have access to stable employment and healthcare, which are crucial factors for maintaining a reliable tenant pool and, by extension, a stable income stream for investors, making Warrensville Heights an interesting prospect for those looking to balance risk and potential returns.
How does the poverty rate and income inequality affect the quality of tenants and property values in Warrensville Heights? +
While the 20.6% poverty rate might raise concerns about tenant quality, the GINI coefficient of 0.388 indicates a level of income inequality, but the overall impact on property values and tenant reliability could be mitigated by the strong presence of public administration and professional services, suggesting a core of stable, employed residents who could support a healthy rental market and contribute to property appreciation over time.
What role do median property taxes and homeownership rates play in the investment decision for Warrensville Heights? +
The median property taxes of $2,632 and a homeownership rate of 41.0% provide insight into the cost structure and market dynamics for investors, indicating that while there are costs to consider, the relatively low median property value of $93,600 could offer an entry point for investors looking to balance costs with potential for appreciation, especially in a market with a significant rental potential due to its demographic and economic profile.

Warrensville Heights OH Real Estate & City Facts

Key facts and real estate information about Warrensville Heights OH.

What are some of the best neighborhoods to live in Warrensville Heights? +
Some of the best neighborhoods to live in Warrensville Heights include the northwest parts of the city, which tend to be more desired, and the central regions, which offer more affordable homes. Median house prices in Warrensville Heights are around $89,702, making it a more affordable option compared to other areas.
What are some fun things to do in Warrensville Heights? +
There are several fun things to do in Warrensville Heights, including visiting the Thistledown Racino, shopping at Harvard Park and Eaton Collection, and enjoying fine dining at local restaurants. You can also explore the city's nearby attractions, such as those in Downtown Cleveland, which is easily accessible from Warrensville Heights.
What is the food scene like in Warrensville Heights? +
The food scene in Warrensville Heights offers a variety of options, including Mexican food at Don Ramon & Gran Fiesta, and American cuisine at Frederick's Wine and Dine. There are also plenty of great food trucks and restaurants that offer delivery through services like Uber Eats, making it easy to enjoy your favorite foods from the comfort of your own home.
What are the pros and cons of living in Warrensville Heights? +
Some pros of living in Warrensville Heights include its affordable housing options, with median house prices around $89,702, and its easy access to Downtown Cleveland and other nearby attractions. However, some cons include the city's higher crime index and lower average school rating. Overall, Warrensville Heights can be a great option for those looking for an affordable place to live with plenty of amenities, but it's essential to carefully consider the pros and cons before making a decision.
Is Warrensville Heights a good place to live? +
Warrensville Heights can be a good place to live for those who are looking for an affordable option with easy access to nearby attractions. While it may have some drawbacks, such as a higher crime index and lower average school rating, it also offers a variety of amenities and a diverse community. Ultimately, whether or not Warrensville Heights is a good place to live depends on your individual priorities and needs.
⭐ 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 Warrensville Heights OH Commercial Property: $35,461

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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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