Center Point, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Center Point, 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 Center Point AL Properties: 0.5300%
⭐ 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 Center Point AL
Common questions from investors exploring commercial real estate in Center Point AL.
What's the overall investment potential of Center Point, AL, considering its demographics and economy?
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The city's median household income of $41,714, combined with a poverty rate of 22.2% and a health insurance coverage of 88.7%, suggests a working-class market with some employment stability, particularly in top industries like Professional, Scientific, & Management, and Health Care & Social Assistance, which could drive demand for housing.
How does the ethnic diversity and commute time impact the rental market in Center Point, AL?
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The diverse population, with 55% Black, 19.2% White, and 18.2% White Non-Hispanic residents, along with an average commute time of 25 minutes and a high rate of driving alone, indicates a relatively stable rental market with potential for long-term tenants, especially given the city's strong educational services and health care industries.
What are the key factors to consider when evaluating the quality of life for potential tenants in Center Point, AL?
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The city's average commute time of 25 minutes, health insurance coverage of 88.7%, and unemployment rate of 6.8% suggest a decent quality of life, while the poverty rate of 22.2% and GINI coefficient of 0.428 indicate some income inequality, which investors should consider when assessing tenant stability and potential for rental yield.
How do the housing market and employment opportunities in Center Point, AL affect real estate investment?
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The median property value of $107,000, median property taxes of $4,005, and a homeownership rate of 58.4% indicate a relatively affordable housing market, while the employed population of 7,930 and top industries like Information and Educational Services suggest a stable employment base, which could support rental demand and property appreciation.
What's the outlook for property appreciation and rental yields in Center Point, AL, given its economic and demographic trends?
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The combination of a growing population, diverse economy with major industries like Professional, Scientific, & Management, and Health Care & Social Assistance, and a relatively low median property value of $107,000, suggests potential for property appreciation, while the city's rental market, driven by a working-class population with a health insurance coverage of 88.7%, could offer stable rental yields for investors.
Center Point AL Real Estate & City Facts
Key facts and real estate information about Center Point AL.
What are some of the best neighborhoods to live in Center Point?
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Some of the best neighborhoods to live in Center Point include Chalkville/Sweeney Hollow, which is known for its affordability and convenience. Other desirable areas tend to be in the southwest parts of the city, while more affordable homes are in the northeast regions. Additionally, neighborhoods near the edge of Center Point and Clay are also popular among residents.
What are some fun things to do in Center Point?
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There are plenty of fun things to do in Center Point, including visiting the Turkey Creek Nature Preserve, Pinson Bicentennial Park, and Hawk's View Overlook. You can also explore the Ruffner Mountain Nature Preserve or visit the Trussville Play Station for some entertainment. If you're looking for outdoor adventure, there are several parks and nature reserves in the area that offer hiking, fishing, and other activities.
What is the food scene like in Center Point?
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The food scene in Center Point is diverse and offers a range of options, from Southern cuisine to seafood and international dishes. Some popular restaurants in the area include Da Sandwich Shop, Koo's Fish Market & Deli, and Fire Wok. You can also find chains like Taco Bell and Red Lobster, as well as local cafes like Katilynn's Cafe' and The Cafe Center Point. There are also plenty of great food trucks and eateries in the surrounding areas, so you're sure to find something that suits your taste.
What are the pros and cons of living in Center Point?
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One of the pros of living in Center Point is its convenient location, with easy access to major highways leading into Birmingham. The city also has a relatively low cost of living and a range of affordable housing options. However, some areas of Center Point can be prone to crime, and the city's poverty rate is higher than the national average. Additionally, some residents have reported that the city can feel a bit isolated from the rest of the Birmingham area. Overall, whether or not Center Point is a good fit for you will depend on your individual priorities and preferences.
Is Center Point a good place to live?
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Whether or not Center Point is a good place to live depends on your individual needs and priorities. On the one hand, the city offers a range of affordable housing options, a convenient location, and a diverse food scene. On the other hand, some areas of the city can be prone to crime, and the poverty rate is higher than the national average. If you're looking for a affordable place to live with easy access to Birmingham, Center Point may be a good option for you. However, if you're prioritizing safety and a more urban lifestyle, you may want to consider other areas of the Birmingham metropolitan area.
⭐ 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 Center Point AL Commercial Property: $41,714
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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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