Opelika, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Opelika, Alabama Market population: 27K. Explore income-producing properties with verified cap rates and operating...
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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 Opelika AL Properties: 5.0000%
⭐ 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 Opelika AL
Common questions from investors exploring commercial real estate in Opelika AL.
What is the overall investment potential of Opelika, AL, considering its demographic and economic factors?
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Opelika's median household income of $40,110, combined with a poverty rate of 18.9% and a high health insurance coverage rate of 89.5%, suggests a relatively stable market with opportunities for growth, especially given its diverse top industries, including Information, Educational Services, and Finance & Insurance.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant community, while the average commute time of 19.1 minutes and top commute methods of driving alone, carpooling, or working from home indicate a convenient and flexible lifestyle for renters, potentially attracting a wide range of tenants.
What are the implications of Opelika's income inequality and employment rates for real estate investors?
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The GINI coefficient of 0.492, indicating moderate income inequality, paired with an employed population of 12,421 and a median household income of $40,110, suggests that investors may find opportunities in both affordable and higher-end properties, catering to the working-class and professional demographics, respectively.
How do the city's homeownership rate and property values influence the investment landscape?
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With a homeownership rate of 64.7% and a median property value of $140,900, Opelika presents a balanced market where investors can consider both rental properties and opportunities for resale, taking into account the median property taxes of $6,999 and the potential for long-term appreciation.
What role do health and education play in assessing the quality of life and stability of the rental market in Opelika?
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The health insurance coverage rate of 89.5%, high school graduation rate of 85.2%, and bachelor's degree or higher rate of 23.1% contribute to a relatively stable and educated population, which, when combined with the low obesity rate and smoking rate, suggests a high quality of life, potentially attracting reliable, long-term tenants and supporting a stable rental market.
Opelika AL Real Estate & City Facts
Key facts and real estate information about Opelika AL.
What are some of the best neighborhoods to live in Opelika?
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Some of the best neighborhoods to live in Opelika include Moores Mill, Asheton Lakes, The Preserve, National Village, and Fox Run. These neighborhoods offer a range of amenities, including golf courses, lakes, walking trails, and community pools. Additionally, the Northside historic district is a popular area with beautiful homes and a strong sense of community.
What are some fun things to do in Opelika?
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Opelika has a variety of fun things to do, including visiting the Salem-Shotwell Covered Bridge, playing golf at the Grand National Golf Course, and exploring the downtown area with its shops, restaurants, and breweries. You can also visit the John Emerald Distilling Company, Angel's Antiques and Flea Market, and the Opelika Songwriters Festival. For outdoor activities, you can visit Chewacla State Park or go ziplining with Blue Heron Adventures.
What is the food scene like in Opelika?
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The food scene in Opelika is diverse and offers a range of options, including Café 123, Chucks Bar-B-Que, Dough Pizzaria, Irish Bred Pub, and Jefferson's Opelika. You can also find Asian cuisine at Wok 'n Roll Restaurant and Bar, Taste Of Asia, and Pokémen. For upscale dining, options include Heritage House, Café 123, and Botanic. Additionally, there are several breweries and a distillery in the area, offering a variety of local craft beers and spirits.
What are the pros and cons of living in Opelika?
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The pros of living in Opelika include its historic downtown area, beautiful neighborhoods, and outdoor recreational opportunities. The city also has a growing food and drink scene, with several breweries and restaurants. However, some cons include the city's relatively small size, which may limit job opportunities and entertainment options. Additionally, traffic can be a issue in certain areas, particularly during peak hours. Overall, Opelika is a charming city with a lot to offer, but it may not be the best fit for everyone.
Is Opelika a good place to live?
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Opelika is a good place to live for those who value a small-town atmosphere, historic charm, and outdoor recreational opportunities. The city has a strong sense of community, with several community events and festivals throughout the year. While it may not have all the amenities of a larger city, Opelika is a great option for those who want to escape the hustle and bustle of city life and enjoy a more relaxed pace. With its growing food and drink scene, beautiful neighborhoods, and friendly residents, Opelika is definitely worth considering as a 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
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Opelika AL Commercial Property: $40,110
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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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