Coaling AL Commercial for Sale
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.01 Acres
- Baths:
- MLS#:
- 147468
ADDITIONAL INFORMATION
FOR SALE: 59 Unit Mini-Storage in Coaling, AL offered at a 10% Cap Rate on in-place income. The development has 40 10x10 units, 12 5x10 units, and 7 10x20 units. There are value-add opportunities through lease up and increasing âgrandfatheredâ rents that can increase the return to 12%. The property is 1.01+/- acres. P&L and rent-roll will be made available as part of a purchaserâs due diligence process.
The data on this web site comes in part from the West Alabama Multiple Listing Service, Inc.. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. All rights reserved. Copyright 2024 West Alabama Multiple Listing Service, Inc.
Coaling Real Estate
The median home value in Coaling, AL is $234,500. This is higher than the county median home value of $204,600. The national median home value is $338,100. The average price of homes sold in Coaling, AL is $234,500. Approximately 81.47% of Coaling homes are owned, compared to 6.22% rented, while 12.31% are vacant. Coaling real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Coaling real estate agent to arrange a tour today!
Coaling, Alabama has a population of 2,112. Coaling is more family-centric than the surrounding county with 42.29% of the households containing married families with children. The county average for households married with children is 30.95%.
The median household income in Coaling, Alabama is $75,098. The median household income for the surrounding county is $57,508 compared to the national median of $69,021. The median age of people living in Coaling is 34.6 years.
Coaling Weather
The average high temperature in July is 92 degrees, with an average low temperature in January of 33.7 degrees. The average rainfall is approximately 52.3 inches per year, with 0.1 inches of snow per year.