Albertville, AL High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Albertville, Alabama Market population: 21K. 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 Albertville AL Properties: 0.3500%
⭐ 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 Albertville AL
Common questions from investors exploring commercial real estate in Albertville AL.
What is the overall investment potential of Albertville, AL, considering its demographics and economy?
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The city's median household income of $37,575, combined with a poverty rate of 23.5% and a health insurance coverage of 82.1%, suggests a working-class market with some employment stability, making it a potential location for affordable housing investments. The top industries, including Finance & Insurance and Transportation & Warehousing, also indicate a diverse economy. Additionally, the city's ethnic diversity, with 44.0% White, 33.7% White Non-Hispanic, and 15.1% Hispanic populations, could support a range of cultural and commercial activities.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Albertville, AL?
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The average commute time of 17.9 minutes, which is relatively short, and the top commute methods of driving alone, carpooling, and working from home, indicate a convenient and flexible transportation infrastructure. This, combined with the city's health insurance coverage of 82.1% and a low violent crime rate of 0.35 per 1,000 residents, suggests a high quality of life for residents and potential renters, making it an attractive location for investment.
What are the implications of the city's poverty rate and income inequality for real estate investors?
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The poverty rate of 23.5% and a GINI coefficient of 0.447 suggest a significant income inequality in Albertville, AL. However, the median property value of $105,200 and median property taxes of $4,414 also indicate a relatively affordable housing market. Investors may need to balance the potential for rental income with the risks associated with a lower-income population, such as higher vacancy rates or difficulties with rent collection.
How does the ethnic diversity and industry mix in Albertville, AL impact the demand for housing and commercial properties?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, could support a range of cultural and commercial activities, driving demand for housing and commercial properties. The top industries, including Finance & Insurance, Transportation & Warehousing, and Agriculture, Forestry, Fishing & Hunting, & Mining, also indicate a diverse economy, which could lead to a stable and growing demand for properties.
What are the key factors that investors should consider when evaluating the potential for property appreciation in Albertville, AL?
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Investors should consider the city's median property value of $105,200, median property taxes of $4,414, and homeownership rate of 64.0% when evaluating the potential for property appreciation. Additionally, the city's population growth, income trends, and industry development, as well as the overall quality of life and transportation infrastructure, should also be taken into account to determine the potential for long-term appreciation in property values.
Albertville AL Real Estate & City Facts
Key facts and real estate information about Albertville AL.
What are some of the best neighborhoods to live in Albertville?
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Some of the best neighborhoods to live in Albertville include Asbury and Martling, which are known for being peaceful and family-friendly. According to AreaVibes, the most desired areas tend to be in the northeast parts of the city, while more affordable homes are in the northwest regions. Additionally, Niche.com lists the best places to live in Marshall County, which includes Albertville.
What are some fun things to do in Albertville?
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There are plenty of fun things to do in Albertville, such as visiting the Sand Mountain Park & Amphitheater, which offers family-friendly activities and live entertainment. You can also check out the Albertville Museum, Main Channel Brewing, and Jules J. Berta Vineyards & Winery. For outdoor enthusiasts, High Falls Park and Strickland Family Farm are great options. According to Yelp, some of the top-rated attractions in Albertville include Ninja Cross at Sand Mountain Park, Lucas Cinemas, and Downtown Albertville.
What is the food scene like in Albertville?
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The food scene in Albertville is diverse and delicious, with a range of options to suit every taste. Some popular restaurants include Papa Dubi's Cajun Kitchen, Busted Oak Bourbon Society, and Local Joe's. You can also find great barbecue at Wilson's Barbecue and Giovanni's Pizza. According to TripAdvisor, some of the top-rated restaurants in Albertville include Papa Dubi's, Local Joe's, and Santa Fe Cattle Co. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Albertville?
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The pros of living in Albertville include its peaceful and family-friendly atmosphere, affordable housing options, 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 city's poverty rate is higher than the national average. According to DataUSA, the median household income in Albertville is $37,575, and the poverty rate is 23.5%. Despite these challenges, Albertville has a strong sense of community and a growing food and entertainment scene.
Is Albertville a good place to live?
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Overall, Albertville can be a great place to live for those who value a peaceful and family-friendly atmosphere, outdoor activities, and a strong sense of community. While it may have its challenges, the city is working to revitalize its downtown area and attract new businesses and residents. According to the city's website, Albertville is committed to providing a high quality of life for its residents, with a range of amenities and services available. With its affordable housing options and growing food and entertainment scene, Albertville is definitely worth considering for those looking to relocate to a smaller city in Alabama.
⭐ 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 Albertville AL Commercial Property: $37,575
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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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