Tuscaloosa, AL High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Tuscaloosa, Alabama Market population: 92K. 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 Tuscaloosa AL Properties: 0.5000%
⭐ 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 Tuscaloosa AL
Common questions from investors exploring commercial real estate in Tuscaloosa AL.
What's the overall investment potential of Tuscaloosa, AL, considering its demographics and economy?
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The city's median household income of $38,519, combined with a poverty rate of 24.1%, suggests a working-class market with potential for stable employment and rental demand, particularly given the strong presence of industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Public Administration, which can attract a diverse workforce, including White, White Non-Hispanic, and Black populations.
How does the quality of life in Tuscaloosa impact its attractiveness to renters and investors?
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The average commute time of 18.6 minutes, with top commute methods including Drove Alone, Carpooled, and Worked At Home, indicates a relatively convenient and flexible transportation system, while the high health insurance coverage rate of 90.8% suggests a stable and secure population, making it an attractive location for renters and investors looking for a reliable market.
What are the implications of Tuscaloosa's ethnic diversity and industry mix for real estate investment?
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The city's diverse ethnic makeup, with significant White, White Non-Hispanic, and Black populations, combined with its top industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Wholesale Trade, suggests a strong demand for housing and rentals, particularly from young professionals and families, given the median age of 27.6 and a median property value of $163,500.
How do poverty and health insurance rates interact to influence the quality of tenants in Tuscaloosa?
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The 24.1% poverty rate, although relatively high, is mitigated by the 90.8% health insurance coverage rate, indicating a population with access to healthcare and a degree of economic stability, which can lead to more reliable tenants and reduced risk for investors, particularly when combined with the city's strong employment numbers and diverse industry base.
What role do homeownership rates and property values play in shaping the real estate investment landscape in Tuscaloosa?
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The homeownership rate of 47.6%, combined with a median property value of $163,500 and median property taxes of $15,831, suggests a relatively affordable housing market with opportunities for both rental investments and homeowner purchases, particularly given the city's growing population of 92,461 and its diverse economic base, which can drive demand for housing and support long-term property appreciation.
Tuscaloosa AL Real Estate & City Facts
Key facts and real estate information about Tuscaloosa AL.
What are some of the best neighborhoods to live in Tuscaloosa?
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Some of the best neighborhoods to live in Tuscaloosa include Northport, Lake View, and the area near the University, which can be broken down into four main neighborhoods: East of Campus, The Strip, South of The Strip, and the River District. The northeast parts of the city tend to be more desired, while more affordable homes are in the southwest regions.
What are some fun things to do in Tuscaloosa?
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Tuscaloosa has a variety of attractions, including the Paul W. Bryant Museum, Bryant-Denny Stadium, and the Tuscaloosa Amphitheater. You can also visit the River Market, the Gateway, and Government Plaza, or explore the Lake Tuscaloosa and the Children's Hands-On Museum. Additionally, there are several historical buildings downtown, including the ruins of the Capital Building, an old tavern, and a jail.
What is the food scene like in Tuscaloosa?
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Tuscaloosa has a vibrant food scene, with a variety of restaurants serving different cuisines. Some popular options include Half Shell Oyster House, River, and DePalma's Italian Cafe. You can also find great burgers at Rama Jama's, and there are several food trucks and casual dining options near campus, such as Avenue Pub and The Venue. There are also plenty of great restaurants downtown, including Urban Bar & Kitchen and The Sanctuary on 25th.
What are the pros and cons of living in Tuscaloosa?
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Tuscaloosa has a lot to offer, including a rich history, a vibrant cultural scene, and a variety of outdoor activities. However, the city also faces some challenges, such as poverty and income inequality. The cost of living in Tuscaloosa is relatively low, but the median household income is also lower than in some other parts of the country. Overall, Tuscaloosa can be a great place to live for those who value a strong sense of community and a relaxed pace of life.
Is Tuscaloosa a good place to live?
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Tuscaloosa can be a great place to live, depending on your individual preferences and priorities. The city has a lot to offer, including a rich history, a vibrant cultural scene, and a variety of outdoor activities. However, it also faces some challenges, such as poverty and income inequality. Ultimately, whether or not Tuscaloosa is a good place to live depends on your individual circumstances and what you are looking for in a community.
⭐ 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 Tuscaloosa AL Commercial Property: $38,519
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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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