Sylacauga, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Sylacauga, Alabama Market population: 13K. 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 Sylacauga AL Properties: 26.0000%
⭐ 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 Sylacauga AL
Common questions from investors exploring commercial real estate in Sylacauga AL.
What's the overall investment potential of Sylacauga, AL, considering its demographic and economic factors?
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The city's median household income of $33,415, combined with a poverty rate of 25.8% and a high health insurance coverage of 91.2%, suggests a relatively stable market with opportunities for affordable housing investments, particularly given the top industries in Wholesale Trade and Public Administration which can support a consistent tenant base.
How does the ethnic diversity and commute time impact the rental market in Sylacauga?
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The diverse population with top ethnicities including White, White Non-Hispanic, and Black, along with an average commute time of 24.4 minutes, indicates a vibrant community with good accessibility, which can attract a wide range of renters and contribute to a stable rental income, especially considering the prevalence of driving alone and carpooling as commute methods.
What are the implications of the city's income inequality and employment rate for real estate investors?
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The GINI coefficient of 0.506, indicating moderate income inequality, coupled with an employed population of 4,917 and a median household income of $33,415, suggests that investors should focus on affordable housing solutions that cater to the working-class population, which can provide a consistent demand for rental properties and relatively low vacancy rates.
How do the homeownership rate and median property value influence the decision to invest in Sylacauga's real estate market?
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With a homeownership rate of 57.0% and a median property value of $120,600, Sylacauga presents an opportunity for investors to capitalize on the rental market, especially considering the relatively affordable property values which can lead to higher rental yields, and the significant portion of the population that prefers renting over buying.
What role do health insurance coverage and commute methods play in assessing the quality of life and market stability for investors?
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The high health insurance coverage rate of 91.2%, combined with the average commute time of 24.4 minutes and the top commute methods being drove alone, carpooled, and worked at home, suggests a high quality of life with good access to healthcare and relatively convenient commuting options, which can contribute to a stable and attractive environment for both investors and tenants, thereby supporting market demand and stability.
Sylacauga AL Real Estate & City Facts
Key facts and real estate information about Sylacauga AL.
What are some of the best neighborhoods to live in Sylacauga?
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Some of the best neighborhoods to live in Sylacauga include Odena, which is known for its affordability and friendliness. Other desirable areas tend to be in the central parts of the city, while more affordable homes are in the north regions. Additionally, neighborhoods like Wilsonville are also popular for their quality of life and amenities.
What are some fun things to do in Sylacauga?
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Sylacauga has a variety of attractions and activities to enjoy. For outdoor enthusiasts, there's the Sylaward Trail at Lake Howard, and for golfers, the FarmLinks Golf Course is a must-visit. The Comer Museum & Arts Center is also a great place to learn about the city's history and art. Additionally, visitors can explore the marble quarry, a testament to Sylacauga's role as the 'Marble City'.
What is the food scene like in Sylacauga?
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The food scene in Sylacauga is diverse and offers a range of options. For Italian food, Giovanni's Italian is a popular choice, while August's Barbeque Sylacauga is great for barbecue lovers. Lori Darlins and Mama Ree's Restaurant are also highly recommended for their Southern cuisine. Furthermore, there are fine dining options like Fleming's Prime Steakhouse & Wine Bar and Juniper, as well as casual seafood restaurants like Wharf Casual Seafood.
What are the pros and cons of living in Sylacauga?
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Living in Sylacauga has its pros and cons. On the positive side, the city has a strong sense of community, with many family-owned businesses and a variety of outdoor activities to enjoy. However, some residents may find the city's infrastructure and job opportunities to be limited. Additionally, the poverty rate in Sylacauga is higher than the national average, which can be a challenge for some residents. Despite these challenges, many people find Sylacauga to be a charming and affordable place to live.
Is Sylacauga a good place to live?
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Whether or not Sylacauga is a good place to live depends on individual preferences and priorities. The city offers a unique blend of small-town charm and outdoor recreation opportunities, making it a great choice for those who value a close-knit community and easy access to nature. However, those looking for a more urban lifestyle or a wider range of job opportunities may find Sylacauga to be limiting. Ultimately, Sylacauga can be a great place to live for those who are looking for a relaxed pace of life and a strong sense of community.
⭐ 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 Sylacauga AL Commercial Property: $33,415
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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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