Tuscumbia, MO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Tuscumbia, Missouri Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 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 Tuscumbia AL Properties: 40.0000%
⭐ 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 Tuscumbia AL
Common questions from investors exploring commercial real estate in Tuscumbia AL.
What's the overall investment potential of Tuscumbia, AL, considering its demographic and economic factors?
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Tuscumbia's median household income of $35,545, combined with a poverty rate of 18.5% and a high health insurance coverage of 92.9%, suggests a relatively stable market with a mix of working-class and insured residents. The top industries, including Finance & Insurance and Manufacturing, also indicate a diverse economic base, which can support rental demand. Additionally, the city's average commute time of 18.7 minutes and high homeownership rate of 60.4% contribute to its attractiveness for investors.
How does the ethnic diversity and industry mix in Tuscumbia impact the local real estate market?
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The city's ethnic diversity, with a majority of White and White Non-Hispanic populations, and a significant Black population, contributes to a culturally rich and potentially vibrant rental market. The top industries, including Finance & Insurance, Manufacturing, and Educational Services, provide a stable employment base, which can drive demand for housing. Furthermore, the median property value of $92,600 and median property taxes of $2,361 suggest relatively affordable investment opportunities.
What are the implications of Tuscumbia's poverty rate and health insurance coverage for real estate investors?
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The 18.5% poverty rate in Tuscumbia, although relatively high, is mitigated by the city's 92.9% health insurance coverage, indicating a level of employment stability and access to healthcare. This combination suggests that investors may find a working-class market with a degree of economic resilience. The employed population of 3,168 and the city's top industries also support this assessment, making Tuscumbia an attractive option for investors seeking relatively stable returns.
How do the commute times and transportation methods in Tuscumbia affect the quality of life and investment potential?
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The average commute time of 18.7 minutes in Tuscumbia is relatively short, and the top commute methods, including driving alone, carpooling, and walking, suggest a convenient and accessible transportation network. This, combined with the city's high health insurance coverage and stable employment base, contributes to a high quality of life, making Tuscumbia an attractive location for renters and, by extension, real estate investors. The city's median age of 43.3 and homeownership rate of 60.4% also indicate a relatively stable and family-friendly environment.
What role do income inequality and the GINI coefficient play in assessing Tuscumbia's investment potential?
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Tuscumbia's GINI coefficient of 0.43 indicates a moderate level of income inequality, which, when considered alongside the median household income of $35,545 and poverty rate of 18.5%, suggests that investors should be aware of the potential for economic disparities. However, the city's high health insurance coverage and stable employment base, driven by its top industries, mitigate some of these concerns. Additionally, the median property value and property taxes suggest relatively affordable investment opportunities, making Tuscumbia a viable option for investors seeking balanced risk and returns.
Tuscumbia AL Real Estate & City Facts
Key facts and real estate information about Tuscumbia AL.
What are some of the best neighborhoods to live in Tuscumbia?
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Some of the best neighborhoods to live in Tuscumbia include Richmond Hills, which is known for its peaceful atmosphere and welcoming vibe. Other desirable areas tend to be in the north parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Tuscumbia?
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There are plenty of fun things to do in Tuscumbia, such as visiting the Alabama Music Hall of Fame, exploring the Cane Creek Canyon Nature Preserve, and checking out the stunning 51-foot fountain and cascading waterfall at Spring Park. You can also grab a bite to eat at the Rattlesnake Saloon, which is a fun place to eat and drink in a cave.
What is the food scene like in Tuscumbia?
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The food scene in Tuscumbia is delicious, with a variety of restaurants to choose from, such as Sheffield Public House, Superhero Chefs, and Too Fat Sister's Kitchen. There are also plenty of great food trucks and barbecue joints, like O K Corral Barbecue. Whether you're in the mood for American, Barbecue, or something else, Tuscumbia has got you covered.
What are the pros and cons of living in Tuscumbia?
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The pros of living in Tuscumbia include its peaceful atmosphere, welcoming community, and plenty of outdoor activities to enjoy. However, some cons include the limited job opportunities and lower median household income compared to other cities. Additionally, the poverty rate is slightly higher than the national average. Overall, Tuscumbia is a great place to live for those who value a close-knit community and outdoor recreation.
Is Tuscumbia a good place to live?
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Tuscumbia is a good place to live for those who value a peaceful atmosphere, outdoor recreation, and a close-knit community. While it may have some drawbacks, such as limited job opportunities and a lower median household income, the city's natural beauty, friendly residents, and variety of activities make it a great choice for many people. Ultimately, whether or not Tuscumbia is a good place to live depends on your individual priorities and preferences.
⭐ 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 Tuscumbia AL Commercial Property: $35,545
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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 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ 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
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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