Satsuma, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Satsuma, Alabama Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Satsuma AL Properties: 0.5700%
⭐ 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 Satsuma AL
Common questions from investors exploring commercial real estate in Satsuma AL.
What's the overall investment potential of Satsuma, AL, considering its demographic and economic indicators?
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Satsuma, AL, with a median household income of $60,179 and a relatively low poverty rate of 7.8%, presents a stable investment market. The city's diverse economy, led by manufacturing, retail trade, and transportation, supports a strong employed population of 2,933, which is about 48% of the total population of 6,139. This, combined with a high health insurance coverage rate of 93.5%, suggests a reliable tenant base.
How does the ethnic diversity and industry mix in Satsuma impact the demand for real estate investments?
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The ethnic diversity in Satsuma, with top ethnicities being White (46.1%), White Non-Hispanic (45.9%), and Black (4.5%), contributes to a culturally rich community. The industry mix, dominated by manufacturing, retail trade, and transportation & warehousing, indicates a strong demand for housing from employees in these sectors. With a foreign-born rate of 1.4%, the community is relatively stable, which can lead to consistent rental demand and property appreciation.
What are the key factors indicating the quality of life in Satsuma, AL, and how do they influence real estate investment decisions?
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The quality of life in Satsuma is reflected in its average commute time of 23.8 minutes, which is relatively short, and the top commute methods being drove alone, carpooled, or worked at home, indicating flexible and convenient transportation options. Coupled with a high health insurance coverage rate of 93.5% and a low poverty rate of 7.8%, these factors suggest a stable and healthy community, making it an attractive location for real estate investments.
How does the housing market in Satsuma, AL, look in terms of property values, taxes, and ownership rates, and what does this mean for investors?
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The housing market in Satsuma is characterized by a median property value of $154,900 and median property taxes of $2,079, which are relatively affordable. The high homeownership rate of 85.5% indicates a strong preference for owning over renting, which can impact rental yields. However, with a GINI coefficient of 0.316, suggesting moderate income inequality, and a significant employed population, there's potential for a stable rental market, especially in sectors catering to the manufacturing and retail trade industries.
Considering the economic and demographic indicators, what's the outlook for property appreciation and rental yields in Satsuma, AL?
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Given Satsuma's stable economy, with a median household income of $60,179 and a low poverty rate of 7.8%, there's potential for steady property appreciation. The city's high health insurance coverage rate of 93.5% and short average commute time of 23.8 minutes contribute to a high quality of life, which can attract more residents and thereby increase demand for housing. This, combined with the city's diverse industry base, suggests a positive outlook for both property appreciation and rental yields, making Satsuma an attractive location for real estate investment.
Satsuma AL Real Estate & City Facts
Key facts and real estate information about Satsuma AL.
What are some of the best neighborhoods to live in Satsuma?
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Some of the best neighborhoods to live in Satsuma include Country Club, Washington Square, Llanfair, Georgia Avenue, Park Place, Berkleigh, Rolling Acres, Malibar Heights, Skyland Park, Crestview, Claremont, Dauphin Acres, and Jackson.
What are some fun things to do in Satsuma?
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Unfortunately, I was unable to find specific information about things to do in Satsuma, but the city is known for its quiet neighborhoods, parks, and a public boat launch.
What is the food scene like in Satsuma?
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The food scene in Satsuma includes restaurants such as The Royal Scam, Dumbwaiter, Waffle House, Aztecas Restaurant & Cantina, Cracker Barrel Old Country Store, and Bay City Grill. There are also plenty of great food trucks and delivery options available through services like Uber Eats.
What are the pros and cons of living in Satsuma?
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Pros of living in Satsuma include its highly-ranked school system, friendly people, and quiet neighborhoods. However, some cons include limited local amenities and no public transportation options.
Is Satsuma a good place to live?
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Satsuma can be a good place to live for those who value a quiet, residential community with a strong school system and friendly people. However, it may not be the best fit for those who require a wide range of local amenities or public transportation options.
⭐ 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 Satsuma AL Commercial Property: $60,179
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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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