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Monroeville, AL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Monroeville, Alabama Market population: 28K. Compare commercial properties across all major asset classes with...

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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Monroeville PA Properties: 2.6600%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Monroeville PA

Common questions from investors exploring commercial real estate in Monroeville PA.

What is the overall investment potential of Monroeville, PA, considering its demographic and economic factors? +
Monroeville, PA, with a median household income of $58,173 and a relatively low poverty rate of 8.5%, presents a stable investment market. The city's diverse economy, led by industries such as Finance & Insurance, and Real Estate & Rental & Leasing, alongside a high health insurance coverage rate of 95.3%, suggests a strong and stable workforce. This stability, combined with the average commute time of 27.2 minutes, indicates a favorable environment for both residents and investors.
How does the ethnic diversity and industry mix in Monroeville impact the demand for real estate? +
The ethnic diversity in Monroeville, with top ethnicities including White (42.7%), White Non-Hispanic (42.1%), and Black (7.4%), contributes to a vibrant community. The mix of industries, particularly Finance & Insurance, and Real Estate & Rental & Leasing, attracts a diverse workforce, potentially increasing demand for housing. This diversity, coupled with a median property value of $126,800 and a homeownership rate of 67.7%, suggests a balanced and attractive real estate market.
What are the implications of Monroeville's commute times and health insurance rates for real estate investors? +
The average commute time of 27.2 minutes in Monroeville, with top commute methods including driving alone, working from home, and carpooling, indicates a manageable and flexible commute environment. When combined with the high health insurance coverage rate of 95.3%, this suggests a population with access to employment and healthcare, making it an attractive market for investors looking for stable tenants and property appreciation.
How does the poverty rate and income inequality in Monroeville affect the quality of tenants and property values? +
Monroeville's poverty rate of 8.5% and a GINI coefficient of 0.421 suggest a relatively stable and equitable income distribution. This, paired with a median household income of $58,173, indicates a working population with disposable income, potentially leading to more reliable tenants and a positive impact on property values. The median property taxes of $8,358 also need to be considered in the overall investment calculation.
What role does the employment population and top industries play in the real estate investment potential of Monroeville? +
The employed population of 13,762 in Monroeville, working across industries like Finance & Insurance, and Real Estate & Rental & Leasing, points to a strong and diverse economic base. This employment stability, combined with the city's median age of 45.8 and average household income, suggests a market with consistent demand for housing, both for purchase and rent, making it an appealing location for real estate investors seeking long-term stability and growth.

Monroeville PA Real Estate & City Facts

Key facts and real estate information about Monroeville PA.

What are some of the best neighborhoods to live in Monroeville? +
Some of the best neighborhoods to live in Monroeville include Logan Ferry, Drexel Drive, Garden City, and University Park. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their safety, diversity, and community amenities.
What are some fun things to do in Monroeville? +
Monroeville has a variety of fun things to do, including visiting the Monroeville Mall, exploring the Living Dead Museum & Gift Shop, and enjoying outdoor activities at Monroeville Community Park West. You can also check out the local events and attractions listed on the Visit Monroeville website, such as the Full Throttle Adrenaline Park and the Willow Miniature Golf & Ice Cream Shop.
What is the food scene like in Monroeville? +
The food scene in Monroeville is diverse and offers a range of options, from casual eateries like Dad's Pub & Grub and Gateway Grill, to more upscale restaurants like DeNunzio's Italian Trattoria and Coast and Main Seafood and Chophouse. There are also plenty of great food trucks and local cafes to explore, and the city hosts various food festivals throughout the year.
What are the pros and cons of living in Monroeville? +
The pros of living in Monroeville include its safe and diverse neighborhoods, convenient access to shopping and dining options, and a range of outdoor recreational activities. However, some cons include the city's relatively high cost of living, traffic congestion, and limited public transportation options. Additionally, some residents have noted that the city can feel a bit suburban and lacking in cultural amenities compared to larger cities like Pittsburgh.
Is Monroeville a good place to live? +
Overall, Monroeville is a good place to live for those who value safety, convenience, and a sense of community. While it may not offer the same level of cultural or entertainment options as larger cities, it provides a comfortable and affordable lifestyle with easy access to nearby Pittsburgh. As with any city, it's worth weighing the pros and cons and visiting in person to get a sense of whether Monroeville is the right fit for you.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Monroeville PA Commercial Property: $58,173

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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