Saraland, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Saraland, Alabama Market population: 14K. 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 Saraland AL Properties: 0.5600%
⭐ 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 Saraland AL
Common questions from investors exploring commercial real estate in Saraland AL.
What's the overall investment potential of Saraland, AL, considering its demographics and economy?
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Saraland, AL, with a population of 13,582 and a median age of 40.6, presents a stable investment market, given its median household income of $52,031 and a relatively low poverty rate of 9.8%, which is further bolstered by a high health insurance coverage rate of 91.3% and a strong employment base in manufacturing and educational services.
How does the ethnic diversity and industry mix in Saraland impact real estate demand?
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The city's ethnic diversity, led by White and White Non-Hispanic populations, alongside a significant Black population, contributes to a vibrant community, while its top industries, including manufacturing, educational services, and health care, create a robust demand for housing, especially considering the average commute time of 22.5 minutes and the prevalence of drove alone and carpooling as commute methods.
What are the implications of Saraland's poverty rate and health insurance coverage for real estate investors?
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The 9.8% poverty rate in Saraland, combined with an impressive 91.3% health insurance coverage, suggests a relatively stable and employed population, which is beneficial for investors as it may lead to more reliable tenants and lower vacancy rates, especially in a market with a high homeownership rate of 74.5%.
How do the commute times and transportation methods in Saraland affect the quality of life and, by extension, property values?
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With an average commute time of 22.5 minutes and a preference for driving alone, carpooling, or working from home, Saraland offers its residents a convenient and relatively stress-free commute, enhancing the quality of life and potentially increasing property values, given the median property value of $134,100 and median property taxes of $3,710.
What role does the GINI coefficient and median household income play in assessing Saraland's real estate investment potential?
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The GINI coefficient of 0.405, indicating a moderate level of income inequality, coupled with a median household income of $52,031, suggests that Saraland has a balanced economy with opportunities for various income levels, which can support a diverse rental market and contribute to the stability of real estate investments, considering the city's demographic and economic profile.
Saraland AL Real Estate & City Facts
Key facts and real estate information about Saraland AL.
What are some of the best neighborhoods to live in Saraland?
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Some of the best neighborhoods to live in Saraland include Kali Oka Road, Meadowbrook CDP, and the northwest parts of the city. These areas are known for their affordability, friendliness, and high quality of life. However, it's worth noting that the best neighborhood for you will depend on your individual preferences and priorities.
What are some fun things to do in Saraland?
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There are plenty of fun things to do in Saraland, including visiting the Hertz Children Park, Amelia Park, and Spartan Stadium. You can also explore the nearby USS ALABAMA Battleship Memorial Park, Mobile Flea Market, and Mobile Carnival Museum. If you're looking for outdoor activities, you can check out Chickasaw Creek, which connects Brook Park and offers a serene waterway for walking or biking.
What is the food scene like in Saraland?
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The food scene in Saraland is diverse and delicious, with a range of restaurants serving everything from seafood to steak to sushi. Some popular spots include Wintzell's Oyster House, J Rodgers BBQ, and Rock N Roll Sushi. You can also find great family-friendly restaurants like Briquettes Steakhouse and Nelson's Barnyard Buffet. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Saraland?
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The pros of living in Saraland include its affordable housing, friendly community, and high quality of life. The city also has a low crime rate and a strong sense of small-town charm. However, some cons include the limited job opportunities and entertainment options compared to larger cities. Additionally, traffic can be a issue in certain areas, especially during rush hour. Overall, Saraland is a great place to live for those who value a quiet, family-friendly atmosphere and are willing to commute to nearby cities for work or entertainment.
Is Saraland a good place to live?
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Yes, Saraland is a good place to live for many people. It offers a unique blend of small-town charm and big-city amenities, with a strong sense of community and a high quality of life. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, Saraland is definitely worth considering for those who value a quiet, family-friendly atmosphere and a low cost of living. As with any city, it's worth weighing the pros and cons and visiting in person to get a sense of whether Saraland is the right fit for you.
⭐ 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 Saraland AL Commercial Property: $52,031
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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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