Prattville, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Prattville, Alabama Market population: 34K. 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 Prattville AL Properties: 3.1000%
⭐ 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 Prattville AL
Common questions from investors exploring commercial real estate in Prattville AL.
What is the overall investment potential of Prattville, AL, considering its demographic and economic factors?
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Prattville, AL, with a population of 33,983 and a median age of 35.9, presents a stable investment market, given its median household income of $58,432 and a relatively low poverty rate of 12.0%, combined with a high health insurance coverage rate of 92.5%, indicating a reliable tenant base.
How does the ethnic diversity and industry mix in Prattville impact the demand for real estate?
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The city's ethnic diversity, with top ethnicities being White (42.2%), White Non-Hispanic (41.0%), and Black (11.1%), along with its industry mix dominated by Public Administration, Finance & Insurance, and Educational Services, suggests a steady demand for housing, supported by a low average commute time of 22.9 minutes and a high homeownership rate of 66.0%.
What are the implications of the city's commute patterns and health insurance coverage for real estate investors?
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The average commute time of 22.9 minutes, with top commute methods being driving alone, carpooling, and working from home, indicates good infrastructure and flexibility for residents, while the high health insurance coverage rate of 92.5% implies a stable and secure tenant population, making it an attractive market for investors.
How do the poverty rate and employment statistics influence the quality of tenants in Prattville?
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The poverty rate of 12.0%, although relatively low, combined with an employed population of 15,144 and a median household income of $58,432, suggests a working-class market with employment stability, which is further reinforced by the high health insurance coverage rate, indicating a reliable and stable tenant base for real estate investors.
What role do the median property value and property taxes play in the investment decision for Prattville, AL?
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The median property value of $149,900 and median property taxes of $8,552, considered alongside the city's median household income and low poverty rate, suggest a balanced and potentially profitable investment environment, especially when factoring in the average commute time and high health insurance coverage, which together contribute to a stable and attractive market for real estate investment.
Prattville AL Real Estate & City Facts
Key facts and real estate information about Prattville AL.
What are some of the best neighborhoods to live in Prattville?
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Some of the best neighborhoods to live in Prattville include Upper Kingston, Autauga, Oaks of Buena Vista, Hedgefield, The Ridge at Pratt, Heritage Hills, Autumn Ridge, The Hamptons, Pinewoods, Riverbend, Downtown Prattville, Southlawn, Highland Park Area, and East Memorial Drive Corridor. These neighborhoods offer a range of amenities and community spirit, making them great places to call home.
What are some fun things to do in Prattville?
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There are plenty of fun things to do in Prattville, including visiting Pratt Park, Wilderness Park, and Cooter's Pond Park, as well as enjoying recreational activities like canoeing, hiking, and fishing around the Alabama River, Lake Jordan, and Lake Martin. You can also check out attractions like Launch Entertainment, which offers laser tag, ninja course, and arcade games.
What is the food scene like in Prattville?
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The food scene in Prattville is diverse and delicious, with a range of restaurants serving everything from Cajun cuisine to barbecue, sushi, and Vietnamese food. Some popular spots include Uncle Mick's Cajun Cafe, Jim 'n Nick's Bar-b-q, Midtown Pizza Kitchen, Epicure and Jack's Tavern, and Mrs B's Home Cooking. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Prattville?
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The pros of living in Prattville include its great community spirit, scenic parks and recreational areas, and a range of amenities and attractions. However, some cons include traffic and congestion in certain areas, and a limited number of job opportunities in certain industries. Overall, Prattville is a great place to live for those who value a strong sense of community and a relaxed, small-town atmosphere.
Is Prattville a good place to live?
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Yes, Prattville is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its great neighborhoods, recreational activities, and diverse food scene, there's something for everyone in Prattville. While it may have some drawbacks, the city's pros outweigh its cons, making it a great choice for families, retirees, and young professionals alike.
⭐ 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 Prattville AL Commercial Property: $58,432
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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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