Mentone, AL High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mentone, Alabama Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Mentone CA Properties: 1.2200%
⭐ 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 Mentone CA
Common questions from investors exploring commercial real estate in Mentone CA.
What's the overall investment potential of Mentone, CA?
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With a median household income of $58,178 and a relatively low poverty rate of 10.0%, Mentone, CA presents a stable investment market, further supported by its high health insurance coverage rate of 92.5% and diverse top industries, including Construction and Professional Services.
How does the local economy impact rental demand?
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The employed population of 4,380 and top industries like Construction and Public Administration suggest a strong demand for rentals, while the average commute time of 25.2 minutes and high rate of health insurance coverage indicate a stable and attractive environment for renters, with a diverse population including White, White Non-Hispanic, and Hispanic communities.
What are the key factors influencing property values in Mentone, CA?
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The median property value of $224,500, combined with a median property tax of $1,847 and a homeownership rate of 61.8%, suggests a balanced housing market, which is further influenced by the area's relatively low poverty rate of 10.0% and high health insurance coverage rate of 92.5%, making it an attractive location for investors.
How does the demographic diversity of Mentone, CA affect market demand?
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The top ethnicities, including White, White Non-Hispanic, and Hispanic populations, contribute to a diverse community, which, when combined with the area's strong employment sectors, such as Construction and Professional Services, and a relatively low poverty rate of 10.0%, indicates a robust and stable market demand for real estate investments.
What role do quality of life metrics play in assessing investment stability in Mentone, CA?
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The average commute time of 25.2 minutes, the prevalence of drive-alone and work-from-home commute methods, and the high health insurance coverage rate of 92.5% all contribute to a high quality of life, which, when considered alongside the area's low poverty rate of 10.0% and diverse economy, suggests a stable and attractive investment environment, with a strong potential for long-term growth and returns.
Mentone CA Real Estate & City Facts
Key facts and real estate information about Mentone CA.
What are some of the best neighborhoods to live in Mentone?
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Some of the best neighborhoods to live in Mentone, CA, are in the southwest parts of the city. According to bestneighborhood.org, the most desired areas tend to be in these regions, while more affordable homes are in the southeast regions. Nextdoor Neighbors love the area for its community spirit and diversity. Neighborhoods like the ones near Greenspot Farms and Thurman Flats Picnic Area are also popular.
What are some fun things to do in Mentone?
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There are plenty of fun things to do in Mentone, CA. You can visit Greenspot Farms, Thurman Flats Picnic Area, or the Mill Creek Visitor Center. If you're looking for more adventure, you can try whale watch boat excursions or outdoor events near Mentone California. Big Bear Escape Room and Family-Friendly Nature Hike around the Big Bear Valley are also great options. Mt. Rubidoux Walking Tour and Lively Lake Arrowhead Scavenger Hunt are other activities to consider.
What is the food scene like in Mentone?
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The food scene in Mentone, CA, has some great options. You can try Arthur's Restaurant, which has a new menu, or visit the Mentone Market for some local food. My Friend's House and The Falconer of Redlands are also popular restaurants in the area. If you're looking for a specific cuisine, you can try Caprice or SHOKUNIN - Redlands. There are also plenty of great food trucks and other dining options in the area.
What are the pros and cons of living in Mentone?
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The pros of living in Mentone, CA, include its peaceful and family-friendly atmosphere, community spirit, and diversity. The area has some great neighborhoods, plenty of outdoor activities, and a growing food scene. However, some cons include the limited number of restaurants and shops in the immediate area, and the need to drive to nearby cities for more options. Additionally, the area can be quite expensive, with some restaurants and activities costing over $100 for two people.
Is Mentone a good place to live?
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Mentone, CA, is a great place to live for those who value a peaceful and family-friendly atmosphere, community spirit, and diversity. The area has some great neighborhoods, plenty of outdoor activities, and a growing food scene. While it may have some limitations, such as limited restaurants and shops, and expensive activities, it is a lovely place to call home. Overall, Mentone is a good place to live for those who prioritize a strong sense of community and a relaxed lifestyle.
⭐ 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 Mentone CA Commercial Property: $58,178
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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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