Pleasant Grove, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pleasant Grove, Alabama Market population: 34K. Compare commercial properties across all major asset classes...
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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 Pleasant Grove UT Properties: 0.4600%
⭐ 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 Pleasant Grove UT
Common questions from investors exploring commercial real estate in Pleasant Grove UT.
What is the overall investment potential of Pleasant Grove, UT?
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The combination of a relatively low poverty rate of 8.6%, high health insurance coverage of 90.4%, and a strong median household income of $63,110 suggests a stable investment market in Pleasant Grove, UT, with a diverse economy driven by top industries like Finance & Insurance, and Real Estate & Rental & Leasing, and a notable presence of White and Hispanic ethnicities.
How does the commute time and transportation infrastructure impact the rental market?
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With an average commute time of 21.7 minutes and a high percentage of residents who drive alone or work from home, the rental market in Pleasant Grove, UT, is likely to attract tenants who value convenience and flexibility, particularly in areas with easy access to major employment centers in Finance & Insurance, and Real Estate & Rental & Leasing, and Public Administration.
What are the implications of the city's demographic and economic characteristics for real estate investors?
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The city's relatively young median age of 25.4, combined with a high employment rate and low poverty rate, suggests a strong demand for housing, particularly among young professionals and families, and the top industries of Finance & Insurance, and Real Estate & Rental & Leasing, and Public Administration are likely to drive this demand, with a relatively high health insurance rate of 90.4% indicating a stable and secure tenant base.
How does the ethnic diversity and income inequality impact the local real estate market?
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The presence of a diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic, and a relatively low GINI coefficient of 0.377, suggests a relatively equitable distribution of income, which can contribute to a stable and attractive real estate market, with a median property value of $225,000 and median property taxes of $6,474, making it an appealing option for investors looking for a balance of affordability and potential for appreciation.
What role do education and occupation play in shaping the investment landscape of Pleasant Grove, UT?
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With a high percentage of residents holding a high school graduate or higher degree, and a notable presence of management, business, science, and arts occupations, the city's investment landscape is likely to be influenced by a highly educated and skilled workforce, driving demand for quality housing and contributing to a stable and growing local economy, particularly in areas with easy access to major employment centers and a strong commute infrastructure.
Pleasant Grove UT Real Estate & City Facts
Key facts and real estate information about Pleasant Grove UT.
What are some of the best neighborhoods to live in Pleasant Grove?
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Some of the best neighborhoods to live in Pleasant Grove include 1st Ward, which is known for being peaceful and family-friendly, and Sam White's Lane, which is historic and centrally located. Other neighborhoods to consider are those in the northwest parts of the city, which tend to be more desirable, and those in the southwest regions, which are more affordable.
What are some fun things to do in Pleasant Grove?
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There are plenty of fun things to do in Pleasant Grove, including visiting Battle Creek Falls, exploring the Clear Water Distilling Co., and playing games at Labyrinth Reality Games. You can also check out the Christa McAuliffe Space Center, go on a hike, or visit Snuck Farm. Additionally, the city hosts various community events and has a charming town with stunning natural sights and delicious local eats.
What is the food scene like in Pleasant Grove?
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The food scene in Pleasant Grove is diverse and offers a range of options, including Mexican restaurants like Los Dos Compadres, barbecue joints like R&R BBQ, and Hawaiian-inspired eateries like Mo' Bettahs. There are also plenty of great food trucks and cafes, such as Guayoyo Café and Cravings Bistro, that serve up tasty treats. For a unique dining experience, you can try The Holy Grill or The Bungalow.
What are the pros and cons of living in Pleasant Grove?
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The pros of living in Pleasant Grove include its peaceful and family-friendly atmosphere, affordable housing options, and access to outdoor recreation opportunities. However, some cons to consider are that the city may not have as many job opportunities as larger cities, and traffic can be a issue during rush hour. Additionally, some areas of the city may be more prone to noise pollution or have limited public transportation options.
Is Pleasant Grove a good place to live?
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Overall, Pleasant Grove is a great place to live for those who value a peaceful and family-friendly atmosphere, outdoor recreation opportunities, and a strong sense of community. While it may not be the best fit for everyone, particularly those who prioritize job opportunities or a more urban lifestyle, it is definitely worth considering for those who want a relaxed and natural environment to call home.
⭐ 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 Pleasant Grove UT Commercial Property: $63,110
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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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