Montevallo, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Montevallo, Alabama Market population: 6K. 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 Montevallo AL Properties: 0.5400%
⭐ 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 Montevallo AL
Common questions from investors exploring commercial real estate in Montevallo AL.
What's the overall investment potential of Montevallo, AL, considering its demographics and economy?
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The city's median household income of $37,607, combined with a poverty rate of 19.5% and a health insurance coverage of 88.0%, suggests a relatively stable market with a mix of working-class and more affluent residents. The top industries, including Information and Public Administration, indicate a diverse economy, while the median property value of $161,500 and homeownership rate of 59.7% provide insight into the housing market's potential for growth.
How does the city's ethnic diversity and commute time impact the rental market?
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Montevallo's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, can attract a wide range of renters. The average commute time of 30.4 minutes, with top commute methods including driving alone and working from home, suggests a relatively convenient location for renters, which can contribute to a stable rental market.
What are the implications of the city's income inequality and employment rate for real estate investors?
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The GINI coefficient of 0.474 indicates a moderate level of income inequality, which, combined with an employed population of 3,129 and a poverty rate of 19.5%, suggests that investors should consider a mix of affordable and higher-end properties to cater to different segments of the market. The relatively high employment rate and diverse top industries, including Information and Transportation, contribute to a stable economic environment.
How do the city's health insurance coverage and commute time influence the quality of life for residents and, consequently, the attractiveness of the area for investors?
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The high health insurance coverage rate of 88.0% and relatively manageable average commute time of 30.4 minutes contribute to a good quality of life for residents, making Montevallo a more attractive location for both renters and buyers. This, in turn, can lead to increased demand for properties and potential long-term appreciation in property values.
What role do the median property value and property taxes play in assessing the investment potential of Montevallo, AL?
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The median property value of $161,500 and median property taxes of $1,381 provide valuable insights into the affordability and potential returns on investment in Montevallo. Considering the city's median household income of $37,607 and poverty rate of 19.5%, investors should weigh the balance between property prices, rental yields, and the overall economic stability of the area to make informed investment decisions.
Montevallo AL Real Estate & City Facts
Key facts and real estate information about Montevallo AL.
What are some of the best neighborhoods to live in Montevallo?
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Some of the best neighborhoods to live in Montevallo include Northwest Montevallo, which is a peaceful and family-friendly neighborhood. Other desired areas tend to be in the north parts of the city, while more affordable homes are in the east regions.
What are some fun things to do in Montevallo?
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There are many fun things to do in Montevallo, including visiting the American Village Citizenship Trust, Orr Park, Alabama National Cemetery, Aldrich Coal Mine Museum, and Blue Phrog. You can also explore the shops and attractions down Main Street.
What is the food scene like in Montevallo?
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The food scene in Montevallo is diverse, with restaurants like Main Street Tavern, Indigo Cafe + Bar, El Agave, Zapopan Mexican Restaurant, and Sophie's Kitchen. There are also plenty of great food trucks and cafes, such as C's Cake & Coffee House and La Conchita Bakery.
What are the pros and cons of living in Montevallo?
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The pros of living in Montevallo include its peaceful and family-friendly neighborhoods, diverse food scene, and many fun things to do. However, some cons include the city's relatively small size and limited job opportunities. Additionally, the poverty rate is around 19.5%, which can be a challenge for some residents.
Is Montevallo a good place to live?
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Montevallo can be a good place to live for those who value a peaceful and family-friendly community, with a diverse food scene and many fun things to do. However, it may not be the best fit for those looking for a larger city with more job opportunities. Overall, it's a great option for those who want a small-town feel with a strong sense of community.
⭐ 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 Montevallo AL Commercial Property: $37,607
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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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