Irondale, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Irondale, Alabama Market population: 12K. Compare commercial properties across all major asset classes with...
Advertisement
10 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Irondale AL Properties: 0.5500%
⭐ 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 Irondale AL
Common questions from investors exploring commercial real estate in Irondale AL.
What is the overall investment potential of Irondale, AL, considering its demographic and economic factors?
+
Irondale, AL presents a stable investment market, with a median household income of $53,419, a relatively high homeownership rate of 73.2%, and a diverse economy led by Health Care & Social Assistance, Retail Trade, and Manufacturing industries. The city's poverty rate of 14.9% is mitigated by a high health insurance coverage rate of 91.2%, indicating a degree of employment stability. Additionally, the top ethnicities, including White, Black or African American, and Asian, contribute to a culturally diverse community.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Irondale, AL?
+
The average commute time of 26.4 minutes in Irondale, AL, combined with the prevalence of driving alone (86.2%) and carpooling (7.3%), suggests a relatively convenient transportation infrastructure. This, paired with a high health insurance coverage rate of 91.2%, indicates a stable and healthy workforce, which is attractive for potential renters and contributes to the overall quality of life in the area.
What role does ethnic diversity play in the demand for housing and rental properties in Irondale, AL?
+
The ethnic diversity in Irondale, AL, with top ethnicities including White (64.2%), Black or African American (30.4%), and Asian (2.3%), contributes to a vibrant community with varied cultural needs and preferences. This diversity, coupled with the city's top industries, such as Health Care & Social Assistance and Retail Trade, suggests a strong demand for housing and rental properties that cater to different lifestyles and income levels, making it an attractive market for real estate investors.
How do the poverty rate and income inequality in Irondale, AL affect the rental market and potential for real estate investment?
+
The poverty rate of 14.9% and a GINI coefficient of 0.463 in Irondale, AL, indicate some level of income inequality. However, the median household income of $53,419 and the high health insurance coverage rate of 91.2% suggest that a significant portion of the population has stable employment and income, which can support a rental market. Investors should consider targeting the working-class segment with affordable housing options, taking into account the median property value of $143,400 and median property taxes of $1,433.
What insights can be gleaned from the homeownership rate and median property value in Irondale, AL, for real estate investment purposes?
+
The high homeownership rate of 73.2% in Irondale, AL, paired with a median property value of $143,400, suggests a strong preference for owning over renting, which could impact the rental market. However, the median property taxes of $1,433 and the presence of top industries like Health Care & Social Assistance and Manufacturing indicate a stable economic base that can support both homeownership and rental investments, particularly if investors focus on providing quality, affordable housing options that meet the needs of the local workforce.
Irondale AL Real Estate & City Facts
Key facts and real estate information about Irondale AL.
What are some of the best neighborhoods to live in Irondale?
+
Some of the best neighborhoods to live in Irondale, AL, are Forest Park, Crestwood South, Redmont Park, Highland Park, and Crestwood North. These neighborhoods offer a sparse suburban feel and are considered safe and desirable places to live.
What are some fun things to do in Irondale?
+
There are plenty of fun things to do in Irondale, AL. You can visit the Historic Downtown Irondale, which features antique shops, art studios, and a restored train caboose. You can also check out the Irondale Cafe, which is a legendary restaurant in the area. Additionally, you can explore the Ruffner Mountain, which offers hiking trails and beautiful scenery. Other attractions include the Grand River Drive-In, the BackYard, and the Pixel Room.
What is the food scene like in Irondale?
+
The food scene in Irondale, AL, is diverse and offers a range of options. You can find delicious Southern cuisine at restaurants like the Irondale Cafe, which is famous for its fried chicken and catfish. There are also plenty of great barbecue joints, like Rusty's Bar-B-Q, and Mexican restaurants, like El Patron. If you're looking for something unique, you can try the Culinary Dropout, which offers a modern twist on traditional dishes. Other popular restaurants in the area include Zaxby's, Marty's GM, and Oak House.
What are the pros and cons of living in Irondale?
+
The pros of living in Irondale, AL, include its safe and desirable neighborhoods, low cost of living, and plenty of outdoor recreational opportunities. However, some cons include the limited job opportunities and lower median household income compared to other cities in the state. Additionally, the city has a higher poverty rate and lower high school graduation rate compared to other cities in Alabama. Overall, Irondale is a great place to live for those who value a small-town feel and outdoor recreation, but may not be the best fit for those looking for job opportunities or a more urban lifestyle.
Is Irondale a good place to live?
+
Irondale, AL, is a good place to live for those who value a small-town feel and outdoor recreation. The city has a low cost of living, safe neighborhoods, and plenty of opportunities to enjoy nature. However, it may not be the best fit for everyone, particularly those looking for job opportunities or a more urban lifestyle. Overall, Irondale is a great option for families, retirees, and outdoor enthusiasts who want to experience the best of small-town 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 Irondale AL Commercial Property: $53,419
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement