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Woodward, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Woodward, Pennsylvania Market population: 12K. Compare commercial properties across all major asset classes with...

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⭐ Featured

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

πŸ“Š Avg Property Tax Rate For Woodward OK Properties: 0.7300%

πŸ“Š Average Income For Woodward OK Commercial Property: $51,063

Investor Questions For Woodward OK

Common questions from investors exploring commercial real estate in Woodward OK.

What's the overall investment potential of Woodward, OK, considering its demographics and economy? +
Woodward, OK, with a population of 12,262 and a median age of 33.3, presents a stable investment market, given its median household income of $51,063 and a relatively high poverty rate of 15.0%, which is somewhat mitigated by an 87.4% health insurance coverage rate, indicating a degree of employment stability and access to healthcare, crucial for tenant quality.
How does the ethnic diversity and industry mix in Woodward impact real estate demand? +
The city's ethnic diversity, with top ethnicities being White (45.3%), White Non-Hispanic (40.1%), and Hispanic (8.2%), alongside its foreign-born rate of 4.5%, suggests a culturally rich environment that could attract a variety of residents, while its top industries, including Other Services Except Public Administration, Transportation & Warehousing, & Utilities, and Manufacturing, provide a broad base for employment and thus, rental demand.
What are the implications of Woodward's commute times and health insurance coverage for real estate investors? +
The average commute time of 17.2 minutes, with top commute methods being driving alone, carpooling, and walking, indicates a well-connected city with manageable travel times, which, combined with an 87.4% health insurance coverage rate, suggests a stable and healthy workforce, making it an attractive location for investors looking for reliable tenants and lower turnover rates.
How does the poverty rate and income inequality in Woodward affect the real estate market? +
The poverty rate of 15.0% and a GINI coefficient of 0.45 suggest income inequality, which can impact the affordability and demand for certain types of housing, but when considered alongside the median household income of $51,063 and the employed population of 6,070, it presents a nuanced market where investors can find opportunities by targeting specific segments, such as affordable housing or properties catering to the working class.
What insights can be gleaned from Woodward's housing market and quality of life metrics for investment decisions? +
With a median property value of $97,600 and median property taxes of $2,964, alongside a homeownership rate of 63.2% and an average commute time of 17.2 minutes, Woodward offers an affordable housing market with a relatively short commute time, which, coupled with its 87.4% health insurance coverage, points to a quality of life that can attract and retain residents, making it a viable location for real estate investments, particularly in rental properties.

Woodward OK Real Estate & City Facts

Key facts and real estate information about Woodward OK.

What are some of the best neighborhoods to live in Woodward? +
Some of the best neighborhoods to live in Woodward include Woodward Main, which is known for its downtown location and walkability. Additionally, there are other neighborhoods that are considered nice, such as those near Boiling Springs State Park. It's always a good idea to research and visit different areas to find the one that best fits your needs and preferences.
What are some fun things to do in Woodward? +
There are plenty of fun things to do in Woodward, including visiting Boiling Springs State Park, Plains Indians and Pioneers Museum, and Crystal Beach Waterpark. You can also explore the downtown area and check out some of the local shops and restaurants. If you're looking for outdoor activities, Alabaster Caverns State Park is another great option.
What is the food scene like in Woodward? +
The food scene in Woodward is diverse and offers a range of options. Some popular restaurants include Diarti, Ramiro's Mexican Restaurant, and Wagg's Bar-B-Q. There are also plenty of great food trucks and local eateries to try. If you're looking for a unique dining experience, you might want to check out Longshots Bar & Grill or Red Prairie Steak House.
What are the pros and cons of living in Woodward? +
The pros of living in Woodward include its small-town charm, outdoor recreational opportunities, and a relatively low cost of living. However, some cons might include limited job opportunities and a smaller selection of amenities compared to larger cities. It's also worth noting that Woodward can be quite rural, so if you're looking for a more urban experience, it might not be the best fit.
Is Woodward a good place to live? +
Whether or not Woodward is a good place to live depends on your individual preferences and priorities. If you're looking for a close-knit community, outdoor activities, and a relaxed pace of life, Woodward might be a great choice. However, if you're looking for a more urban experience or a wider range of job opportunities, you might want to consider other options. Ultimately, it's worth visiting Woodward and getting a feel for the area to decide if it's the right fit for you.
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