Vestavia Hills, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Vestavia Hills, 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 Vestavia Hills AL Properties: 3.0000%
⭐ 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 Vestavia Hills AL
Common questions from investors exploring commercial real estate in Vestavia Hills AL.
What makes Vestavia Hills an attractive market for real estate investment?
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The combination of a high median household income of $81,067, a relatively low poverty rate of 5.2%, and a strong employment market with top industries like Transportation & Warehousing and Finance & Insurance suggests a stable and growing market. Additionally, the high health insurance coverage rate of 96.6% and short average commute time of 19.9 minutes indicate a high quality of life for residents, making it an attractive market for investors. The diverse population with top ethnicities like White and White Non-Hispanic also contributes to the market's appeal.
How does the local economy impact the real estate market in Vestavia Hills?
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The local economy, driven by top industries such as Manufacturing and Finance & Insurance, contributes to the market's stability, with a median property value of $338,100 and a high homeownership rate of 75.8%. The employed population of 16,595 and a GINI coefficient of 0.512 also suggest a balanced economy, which can lead to a strong demand for housing. Furthermore, the foreign-born rate of 8.1% and diverse top ethnicities indicate a culturally rich and potentially growing population.
What are the key factors to consider when assessing the quality of life in Vestavia Hills for real estate investment?
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The average commute time of 19.9 minutes, top commute methods like Drove Alone and Worked At Home, and high health insurance coverage rate of 96.6% all contribute to a high quality of life in Vestavia Hills. Additionally, the median age of 40.6 and high median household income of $81,067 suggest a stable and secure population, making it an attractive market for investors. The low poverty rate of 5.2% also indicates a reduced risk of investment.
How does the demographic diversity of Vestavia Hills impact the real estate market?
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The demographic diversity of Vestavia Hills, with top ethnicities like White and White Non-Hispanic, and a foreign-born rate of 8.1%, contributes to a culturally rich and potentially growing population. This diversity, combined with a high median household income of $81,067 and a strong employment market, suggests a stable and growing demand for housing. The high health insurance coverage rate of 96.6% and low poverty rate of 5.2% also indicate a high quality of life, making it an attractive market for investors.
What are the implications of the housing market in Vestavia Hills for real estate investors?
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The median property value of $338,100 and median property taxes of $9,942 in Vestavia Hills suggest a relatively high-end housing market. However, the high homeownership rate of 75.8% and strong employment market indicate a stable and secure population, making it an attractive market for investors. The combination of a low poverty rate of 5.2% and high health insurance coverage rate of 96.6% also reduces the risk of investment, while the diverse population and top industries like Transportation & Warehousing and Finance & Insurance contribute to the market's growth potential.
Vestavia Hills AL Real Estate & City Facts
Key facts and real estate information about Vestavia Hills AL.
What are some of the best neighborhoods to live in Vestavia Hills?
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Some of the best neighborhoods to live in Vestavia Hills include Cahaba Heights, Liberty Park, Vestavia Hills City Center, Altadena, and Rocky Ridge. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their convenient locations and top-rated schools.
What are some fun things to do in Vestavia Hills?
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There are plenty of fun things to do in Vestavia Hills, including visiting Scout Square, The Place At Galleria, Activate Games, Vestavia Bowl, and Vapor Thrift Store. You can also explore the outdoors at Red Mountain Park or Oak Mountain State Park, or check out the local events and festivals in the area. Additionally, the city has a variety of restaurants and shops to explore, such as those in the Vestavia Hills City Center.
What is the food scene like in Vestavia Hills?
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The food scene in Vestavia Hills is diverse and vibrant, with a range of restaurants serving everything from Southern comfort food to international cuisine. Some popular restaurants include Mudtown Restaurant, Olive Branch, Cajun Seafood House, Bistro V, and El Poblano. There are also plenty of great food trucks and cafes in the area, offering a variety of options for breakfast, lunch, and dinner.
What are the pros and cons of living in Vestavia Hills?
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The pros of living in Vestavia Hills include its convenient location, top-rated schools, and range of housing options. The city also has a strong sense of community, with plenty of local events and festivals throughout the year. However, some cons of living in Vestavia Hills include the high cost of living, traffic congestion, and limited public transportation options. Additionally, the city can be quite crowded, especially during peak hours.
Is Vestavia Hills a good place to live?
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Overall, Vestavia Hills is a great place to live, offering a unique blend of small-town charm and big-city amenities. The city has a strong sense of community, a diverse range of housing options, and plenty of things to see and do. While it may have some drawbacks, such as high costs and traffic congestion, the pros of living in Vestavia Hills far outweigh the cons. Whether you're a young professional, a family, or a retiree, Vestavia Hills has something to offer everyone.
⭐ 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 Vestavia Hills AL Commercial Property: $81,067
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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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