Pike Road, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pike Road, Alabama Market population: 6K. Compare commercial properties across all major asset classes...
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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 Pike Road AL Properties: 81.0000%
⭐ 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 Pike Road AL
Common questions from investors exploring commercial real estate in Pike Road AL.
What is the overall investment potential of Pike Road, AL?
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Pike Road, AL offers a stable investment market with a median household income of $93,636, a relatively low poverty rate of 4.1%, and a high health insurance coverage rate of 97.2%, indicating a strong and healthy community with good employment opportunities, particularly in top industries like Wholesale Trade and Finance & Insurance.
How does the demographic diversity of Pike Road impact rental demand?
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The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Black, combined with a foreign born rate of 2.6%, suggests a culturally rich and potentially vibrant rental market, especially considering the top industries like Educational Services and Health Care & Social Assistance that may attract a diverse workforce.
What are the key factors influencing property values in Pike Road?
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The median property value of $251,000, coupled with a median property tax of $2,043 and a high homeownership rate of 87.1%, indicates a strong and stable housing market, which is further supported by the city's relatively low poverty rate of 4.1% and high health insurance coverage rate of 97.2%, suggesting a high quality of life for residents.
How does the commute time and transportation infrastructure affect the quality of life for residents and investors?
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The average commute time of 22.7 minutes, with top commute methods including driving alone, working from home, and carpooling, suggests a convenient and relatively stress-free transportation infrastructure, which, combined with a high health insurance coverage rate of 97.2% and low poverty rate of 4.1%, contributes to a high quality of life and a stable investment environment.
What role do income inequality and employment rates play in assessing the investment stability of Pike Road?
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The GINI coefficient of 0.374, indicating a moderate level of income inequality, combined with an employed population of 3,259 and an unemployment rate of 2.4%, suggests a relatively stable employment market, which, together with the city's high median household income of $93,636 and low poverty rate of 4.1%, provides a solid foundation for real estate investment and potential for long-term growth.
Pike Road AL Real Estate & City Facts
Key facts and real estate information about Pike Road AL.
What are some of the best neighborhoods to live in Pike Road?
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Some of the best neighborhoods to live in Pike Road include Bon Terre, Belle Arete, Bowenville, Bridle Brook Farms, and Forest Hills. These neighborhoods offer a peaceful and family-friendly atmosphere, with beautiful houses and well-maintained surroundings.
What are some fun things to do in Pike Road?
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There are plenty of fun things to do in Pike Road, such as visiting the SweetCreek Farm Market, a local food mecca, and exploring the town's attractions like The Party Palace LLC, Matted Memories & More LLC, and The Martial Arts Center LLC. You can also check out the Pike Road Arts & Crafts Fair and The Chapel at Pike Road.
What is the food scene like in Pike Road?
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The food scene in Pike Road is diverse and delicious, with a range of restaurants serving Southern, BBQ, and seafood cuisine. Some popular restaurants include Firebirds Wood Fired Grill, Itta Bena, and Cork & Cleaver, a family-owned gastropub with a variety of food and drink options. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Pike Road?
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The pros of living in Pike Road include its peaceful and family-friendly atmosphere, beautiful neighborhoods, and convenient access to Montgomery. However, some cons include the limited number of restaurants and entertainment options, and the need for a car to get around. Overall, Pike Road is a great place to live for those who value a quiet and community-oriented lifestyle.
Is Pike Road a good place to live?
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Yes, Pike Road is a good place to live, offering a unique blend of small-town charm and convenient access to Montgomery. With its beautiful neighborhoods, family-friendly atmosphere, and growing food scene, Pike Road is an attractive option for those looking for a peaceful and community-oriented lifestyle. However, it's worth considering the limited number of restaurants and entertainment options, and the need for a car to get around.
⭐ 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 Pike Road AL Commercial Property: $93,636
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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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