Tillmans Corner, AL High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Tillmans Corner, Alabama Market population: 17K. Explore income-producing properties with verified cap rates and...
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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 Tillmans Corner AL Properties: 0.6000%
⭐ 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 Tillmans Corner AL
Common questions from investors exploring commercial real estate in Tillmans Corner AL.
What is the overall investment potential of Tillmans Corner, AL?
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The combination of a $43,419 median household income, 15.6% poverty rate, and 88.3% health insurance coverage suggests a relatively stable market with some opportunities for affordable housing investments, particularly given the strong presence of Health Care & Social Assistance and Retail Trade industries.
How does the local economy impact rental yields in Tillmans Corner?
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With a diverse economy led by Health Care & Social Assistance, Retail Trade, and Manufacturing, and an employed population of 8,144, Tillmans Corner offers a promising rental market, especially considering the 26.4-minute average commute time and high rate of car ownership, which indicates a mobile and potentially reliable tenant base.
What role does ethnic diversity play in the demand for real estate in Tillmans Corner?
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The ethnic diversity, with 73.1% White, 21.2% Black or African American, and 2.3% Asian populations, contributes to a vibrant community, which can drive demand for housing, particularly in areas with growing industries like Health Care & Social Assistance, suggesting opportunities for developers to cater to a diverse range of buyers and renters.
How do quality of life metrics influence market stability in Tillmans Corner?
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The 26.4-minute average commute time, coupled with an 88.3% health insurance coverage rate and a high homeownership rate of 74.2%, indicates a stable and desirable place to live, which can contribute to long-term market stability and attract both investors and residents, especially those working in the local top industries.
What insights can be gleaned from the poverty rate and income inequality in Tillmans Corner for real estate investment?
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The 15.6% poverty rate and a GINI coefficient of 0.441 suggest some level of income inequality, but when considered alongside the $43,419 median household income and the strong employment numbers, particularly in stable industries, these factors indicate a working-class market with potential for investment in affordable and workforce housing, catering to the needs of the local employed population.
Tillmans Corner AL Real Estate & City Facts
Key facts and real estate information about Tillmans Corner AL.
What are some of the best neighborhoods to live in Tillmans Corner?
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Some of the best neighborhoods to live in Tillmans Corner include Hillcrest, Three Notch, Girby, Knollwood, and Semmes. These neighborhoods offer a mix of quiet suburban living and convenient access to downtown Mobile.
What are some fun things to do in Tillmans Corner?
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There are plenty of fun things to do in Tillmans Corner, including visiting the USS ALABAMA Battleship Memorial Park, Medal of Honor Park, and the Environmental Studies Center. You can also check out the Big Chicken Quick Stop, a local landmark and gas station.
What is the food scene like in Tillmans Corner?
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The food scene in Tillmans Corner is diverse and delicious, with plenty of options for southern comfort food, seafood, and Mexican cuisine. Some popular restaurants include D'michaels, The Apothecary Cafe, Time To Eat Café, El Rincon Tacos & Grill, and Aztecas Restaurant & Cantina. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Tillmans Corner?
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The pros of living in Tillmans Corner include its convenient location, affordable housing, and friendly community. However, some cons include the area's limited job opportunities and higher crime rates compared to other parts of Mobile. Overall, Tillmans Corner is a great option for those looking for a quiet suburban lifestyle with easy access to downtown Mobile.
Is Tillmans Corner a good place to live?
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Tillmans Corner can be a good place to live for those who value a quiet suburban lifestyle with convenient access to downtown Mobile. While it may not be the best fit for everyone, the area's affordable housing, friendly community, and diverse food scene make it a great option for many people. As with any place, it's essential to weigh the pros and cons and consider your individual needs and preferences before deciding if Tillmans Corner is right 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 Tillmans Corner AL Commercial Property: $43,419
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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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