Arab, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Arab, Alabama Market population: 8K. Compare commercial properties across all major asset classes with...
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10 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Arab AL Properties: 0.4400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Arab AL
Common questions from investors exploring commercial real estate in Arab AL.
What's the overall investment outlook for Arab, AL, considering its demographics and economy?
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The city's stable median household income of $44,167, combined with a relatively low poverty rate of 12.9% and high health insurance coverage of 95.5%, suggests a working-class market with employment stability. The dominant industries, including Manufacturing, Retail Trade, and Health Care, also indicate a diverse economic base. With a high homeownership rate of 83.2%, the rental market may be relatively small, but the 29.4-minute average commute time and reliance on driving alone for work suggest a need for convenient, accessible housing options.
How does the ethnic diversity and industry mix in Arab, AL impact the demand for real estate investments?
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The city's ethnic diversity, with a majority of White residents (95.6%) and smaller but present Black or African American (2.3%) and Asian (0.8%) populations, suggests a relatively homogeneous community. However, the top industries, including Manufacturing, Retail Trade, and Health Care, indicate a diverse economic base that could attract a range of workers and families, potentially driving demand for housing. The foreign-born rate of 1.82% is relatively low, which may impact the demand for specific types of housing or amenities.
What are the key factors to consider when evaluating the quality of life for renters in Arab, AL, and how might these impact investment decisions?
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The average commute time of 29.4 minutes, while not extremely long, is mitigated by the fact that most residents drive alone to work (87.8%), which may impact traffic and infrastructure. However, the high health insurance coverage rate of 95.5% and relatively low poverty rate of 12.9% suggest a stable and secure population, which could be attractive to investors. The median age of 42.2 and high homeownership rate of 83.2% also indicate a relatively established community, which may prefer longer-term rentals or more stable housing options.
How does the income inequality and poverty rate in Arab, AL affect the potential for real estate investments, particularly in terms of tenant quality and stability?
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The GINI coefficient of 0.423 indicates a moderate level of income inequality, while the poverty rate of 12.9% is relatively low. When combined with the high health insurance coverage rate of 95.5%, these factors suggest a working-class market with employment stability and access to healthcare, which could lead to more reliable tenants. The median household income of $44,167 also provides a baseline for evaluating the potential for rental income and property appreciation.
What role do property values, taxes, and commute times play in determining the attractiveness of Arab, AL as a real estate investment market, and how might these factors impact returns on investment?
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The median property value of $123,400 and median property taxes of $543 suggest a relatively affordable housing market, which could be attractive to investors. The average commute time of 29.4 minutes, while not extremely long, is relatively manageable, and the reliance on driving alone for work (87.8%) may impact the demand for conveniently located properties. When combined with the city's stable economy and high health insurance coverage rate, these factors suggest a relatively stable market with potential for long-term appreciation and reliable rental income.
Arab AL Real Estate & City Facts
Key facts and real estate information about Arab AL.
What are some of the best neighborhoods to live in Arab?
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Some of the best neighborhoods to live in Arab, AL, include North Arab, which is known for its friendly and peaceful atmosphere. Other neighborhoods to consider are those near the city center, which offer a mix of old and new homes and a strong sense of community. According to Nextdoor, North Arab is a top-rated neighborhood in the area, with residents praising its close-knit community and convenient location.
What are some fun things to do in Arab?
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There are plenty of fun things to do in Arab, AL, including visiting the Arab Historic Village, which features a collection of preserved 19th- and 20th-century buildings. You can also explore the nearby Guntersville Lake, which offers opportunities for boating, fishing, and other outdoor activities. For a day trip, consider visiting the Birmingham Museum of Art, Linn Park, or the McWane Science Center, all of which are within driving distance from Arab.
What is the food scene like in Arab?
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The food scene in Arab, AL, is diverse and offers a range of options, from Southern comfort food to Mexican cuisine. Some popular restaurants in the area include Red Door Deli, Sierras, Los Arcos, and Sophia's, which serve up delicious sandwiches, steaks, and other dishes. There are also plenty of great food trucks and local eateries to try, such as Burnt Knuckles Grill, which serves up tasty soul food and Southern favorites.
What are the pros and cons of living in Arab?
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The pros of living in Arab, AL, include its friendly and welcoming community, low crime rate, and convenient location near Guntersville Lake. However, some cons to consider are the limited job opportunities and entertainment options in the area, which may require a commute to nearby cities like Huntsville or Birmingham. Additionally, the city's small size may not be suitable for everyone, particularly those who prefer a more urban lifestyle.
Is Arab a good place to live?
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Overall, Arab, AL, is a great place to live for those who value a close-knit community, outdoor recreation, and a relaxed pace of life. While it may not offer all the amenities and opportunities of a larger city, it provides a unique and charming small-town experience that is hard to find elsewhere. With its rich history, natural beauty, and friendly residents, Arab is definitely worth considering for anyone looking to relocate to a smaller town in Alabama.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Arab AL Commercial Property: $44,167
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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