Attalla, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Attalla, Alabama Market population: 6K. Explore income-producing properties with verified cap rates and operating...
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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 Attalla AL Properties: 0.4400%
⭐ 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 Attalla AL
Common questions from investors exploring commercial real estate in Attalla AL.
What's the overall investment potential of Attalla, AL, considering its demographics and economy?
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The city's median household income of $30,865, combined with a poverty rate of 14.1% and a health insurance coverage of 85.4%, suggests a relatively stable market with a mix of working-class and employed residents. The top industries, including Public Administration and Health Care & Social Assistance, indicate a diverse economy, while the 20.1-minute average commute time and high homeownership rate of 69.1% point to a desirable quality of life.
How does the ethnic diversity and industry mix in Attalla impact the local real estate market?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a vibrant community, while the top industries, including Public Administration and Educational Services, drive demand for housing. The median property value of $63,400 and median property taxes of $1,561 also suggest an affordable housing market, making it attractive to investors looking for rental yields.
What are the implications of Attalla's poverty rate and health insurance coverage for real estate investors?
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The 14.1% poverty rate, although relatively high, is mitigated by the 85.4% health insurance coverage, indicating a level of employment stability and access to healthcare. This combination, along with the employed population of 2,276 and a GINI coefficient of 0.432, suggests a working-class market with potential for steady rental income and relatively low vacancy rates.
How do commute times and transportation methods in Attalla affect the quality of life and real estate market?
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The average commute time of 20.1 minutes, which is relatively short, and the top commute methods, including driving alone and carpooling, indicate a convenient and accessible location. This, combined with the high health insurance coverage and diverse economy, contributes to a desirable quality of life, making Attalla an attractive location for residents and, in turn, a promising market for real estate investors.
What role do the median property value and property taxes play in the investment potential of Attalla's real estate market?
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The median property value of $63,400 and median property taxes of $1,561 suggest an affordable housing market with relatively low property taxes. When combined with the city's diverse economy, stable employment rates, and desirable quality of life, these factors indicate a promising investment potential, with opportunities for appreciation in property value and steady rental yields, especially in the context of the city's 69.1% homeownership rate.
Attalla AL Real Estate & City Facts
Key facts and real estate information about Attalla AL.
What are some of the best neighborhoods to live in Attalla?
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Some of the best neighborhoods to live in Attalla include McCormick Rd, Reece City, Curtiston, and Glencoe. These neighborhoods offer a peaceful and family-friendly environment, with clean surroundings and beautiful landscapes.
What are some fun things to do in Attalla?
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There are plenty of fun things to do in Attalla, such as visiting the Tigers For Tomorrow at Untamed Mountain, exploring the Wills Creek Vineyards, and shopping at the Mountain Top Flea Market. You can also visit the Noccalula Falls Park & Campgrounds, Big Will Outfitters, and Imagination Place.
What is the food scene like in Attalla?
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The food scene in Attalla is diverse, with a range of restaurants serving different cuisines. Some popular options include Louie's, Cotton Belle and The Cupboard Restaurant, and Little Caesars. You can also find great soul food dishes and popular lunch restaurants in the area.
What are the pros and cons of living in Attalla?
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The pros of living in Attalla include its peaceful and family-friendly neighborhoods, plenty of outdoor activities, and a diverse food scene. However, some cons include the limited job opportunities and a lower median household income compared to other cities. Overall, Attalla is a great place to live for those who value a quiet and close-knit community.
Is Attalla a good place to live?
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Attalla is a good place to live for those who are looking for a peaceful and family-friendly environment. While it may have its limitations, the city offers a unique charm and a strong sense of community. With its beautiful landscapes, outdoor activities, and diverse food scene, Attalla is definitely worth considering for those who want to escape the hustle and bustle of city life.
⭐ 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 Attalla AL Commercial Property: $30,865
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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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