Pike Road, AL
Commercial Real Estate Market Trends & Data

$944 Avg asking sale price
$33 Avg asking lease rate
30,525 SF Avg unit lease size
3,017 SF Avg building size for sale
6.98% Average cap rate

Pike Road's Demographic Profile

Pike Road has 3,238 households and a median income of $109,736, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 9,114
# Households 3,238
Median age 38
Median household income $109,736
Avg household size 3.0
Renter-occupied housing units 579
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pike Road, AL

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Pike Road $1,133 5,224 SF
Montgomery $305 9,222 SF
Millbrook $234 21,739 SF
Wetumpka $219 10,603 SF
Tallassee $194 11,325 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Montgomery $94 34,620 SF 7.71%
Brundidge $160 6,800 SF 8.57%
Selma $29 25,371 SF 19.24%

Commercial Properties For Sale in Pike Road

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Eagle Gas - Pike Road AL

Pike Road, AL 36064

  • 7,647 SF Retail Building
  • 7.15% Cap Rate
  • $9,229,000
For Sale

Ellianos Coffee - Pike Rd AL

Pike Road, AL 36064

  • 810 SF Retail Building
  • 7.00% Cap Rate
  • $1,200,000
For Sale

Ellianos Coffee - Montgomery AL

Montgomery, AL 36117

  • 810 SF Retail Building
  • 7.00% Cap Rate
  • $1,371,000
For Sale

Skim Chickens - Montgomery AL

Montgomery, AL 36117

  • 2,800 SF Retail Building
  • 6.75% Cap Rate
  • $2,964,000
For Sale

Lafayette at Chantilly

Pike Road, AL 36064

  • 44 AC Lot
  • 1 Commercial Lot
  • $1,430,000
For Sale

Prime Corner of Vaughn Rd & Pike Rd

Pike Road, AL 36064

  • 2.90 AC Lot
  • 1 Commercial Lot
  • $2,400,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Pike Road pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Pike Road $944 3,017 SF
Montgomery $197 24,994 SF
Fitzpatrick $38 42,321 SF
Coosada $51 5,886 SF

Regional Demographic Comparison

This comparison places Pike Road alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Pike Road or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Montgomery 194,907 80,382 37 $48,236 2 38,504 -2%
Shorter 1,615 683 50 $44,439 2 144 -5%
Fitzpatrick 80 40 54 $44,999 2 6 -1%
Coosada 1,174 451 40 $40,058 3 100 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Pike Road, AL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Pike Road

View All Commercial Real Estate For Sale in Pike Road
Is Pike Road a good market for a first-time commercial real estate investor?

Pike Road offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Pike Road?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Pike Road. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Pike Road?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Pike Road. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Pike Road compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Pike Road. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Pike Road acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Pike Road, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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