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    Luverne, AL

    Luverne, AL Commercial Real Estate for Sale

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    Rutledge, AL Glenwood, AL Goshen, AL Brantley, AL Dozier, AL Greenville, AL Honoraville, AL Highland Home, AL
    15 properties
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    Retail Center on US Hwy 331
    Updated: Dec 23, 2024
    Retail Center on US Hwy 331

    1390 S Forest Avenue, Luverne, AL 36049

    $499,000
    4,800 sqft 0.36 AC lot
    Excellent 9% Cap Rate with NOI of $45,601.66
    Anchor tenants include State Farm (leased through 12/31/32 with scheduled rent increase) and Hayne's Ambulance (leased through 11‑30‑28)
    100% Occupied with a diverse tenant mix and staggered lease expiration dates
    Located on US Hwy. 331 with 2023 AADT of 12,695 VPD
    High‑traffic location across from Ramey's Marketplace and near other businesses and recreation
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    Entertainment Facility Building
    Updated: Sep 3, 2025
    Entertainment Facility Building

    2649 S Forest Ave, Luverne, AL 36049

    $349,000
    3.00 AC lot
    13,600 sq. ft. commercial building built in 2005 on 3+ acres along Hwy 331
    Former 12‑lane bowling alley with large viewing area and office space
    Includes two game rooms for parties and entertainment, plus kitchen and serving area
    On‑site attractions included: 18‑hole miniature golf course, batting cage, and go‑kart track with cars
    Water source: public water
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    Hunting and Homesite Acreage
    Hunting and Homesite Acreage

    7818 Greenville Hwy, Luverne, AL 36049

    $549,900
    116.52 AC lot

    A large Crenshaw County tract with extensive road frontage, row crop and pasture areas, and an established homesite.

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    86 Acres Wildlife Paradise
    86 Acres Wildlife Paradise

    1205 Turkey Creek Road, Luverne, AL 36049

    $685,000
    86.00 AC lot

    Sprawling 86-acre property with home, barn, and diverse habitat.

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    Agricultural Land with US 331 Frontage
    Agricultural Land with US 331 Frontage

    8995 Montgomery Highway, Luverne, AL 36049

    $298,000
    50.00 AC lot

    49-acre tract with 1,162 feet of gently rolling frontage on US 331 and utilities available at the road.

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    Unrestricted Acreage for Custom Use
    Unrestricted Acreage for Custom Use

    Pond Creek Rd, Luverne, AL 36049

    $77,500
    10.60 AC lot

    Unrestricted 10.6+/- acre parcel in Crenshaw County with recent dozer work for site preparation.

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    Highway-Adjacent Commercial Land
    Highway-Adjacent Commercial Land

    US HWY 331, Luverne, AL 36049

    $200,000
    3.70 AC lot

    3.7-acre parcel positioned along a major highway corridor for businesses seeking straightforward roadside access.

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    Office Building For Sale
    Office Building For Sale

    1014 S Forest Ave, Luverne, AL 36049

    Contact for pricing

    Office building available for sale at 1014 S Forest Ave, suited for professional tenants seeking dedicated space.

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    10 Acre Lots in Luverne
    10 Acre Lots in Luverne

    560 Pond Creek Road, Luverne, AL 36049

    $50,000
    10.00 AC lot

    10 acre lots available near Luverne, Alabama.

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    Waterfront Hunting and Timber Land
    Waterfront Hunting and Timber Land

    4837 Quail Tower Rd, Luverne, AL 36049

    $299,900
    71.00 AC lot

    Mixed pasture, mature hardwoods, and a river corridor provide a workable tract for hunting and outdoor use.

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    Retail Space For Sale
    Retail Space For Sale

    1253 S Forest Ave, Luverne, AL 36049

    Contact for pricing
    3,500 sqft

    Retail space available for purchase.

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    Land Adjacent to E L Turner Jr Park
    Land Adjacent to E L Turner Jr Park

    2 Ball Park Ln, Luverne, AL 36049

    $125,000
    1.00 AC lot

    Commercial lot with high traffic and retail potential.

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    Commercial Lot in Luverne, AL
    Commercial Lot in Luverne, AL

    1253 S Forest Ave, Luverne, AL 36049

    $75,000
    2.00 AC lot

    Two-acre commercial lot near E L Turner Park.

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    Luverne Cattle Business Opportunity
    Luverne Cattle Business Opportunity

    4837 Quail Tower Rd, Luverne, AL 36049

    Contact for pricing
    183.00 AC lot

    183+- acre property ideal for cattle business.

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    Retail Building with Storage Space
    Retail Building with Storage Space

    852 S Forest Ave, Luverne, AL 36049

    Contact for pricing
    3,520 sqft

    Retail building featuring storage, office, and highway frontage.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Luverne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Country Farmland Homesite Land
    Country Farmland Homesite Land

    Ballard Road, Rutledge, AL 36071

    $199,000
    31.00 AC lot

    Rural acreage near Rutledge, Alabama, suited for a homesite and potential mini-farm use.

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    25 Acres in Glenwood, Alabama
    25 Acres in Glenwood, Alabama

    2724 County Road 2276, Glenwood, AL 36034

    $137,500
    25.00 AC lot

    25-acre tract ideal for homesite, farm, or recreation.

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    58 Acres of Planted Pines
    58 Acres of Planted Pines

    3114 Chapel Hill Rd, Rutledge, AL 36071

    $284,900
    58.00 AC lot

    58 acres with planted pines, suitable for commercial use.

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    139 Acres in Glenwood, AL
    139 Acres in Glenwood, AL

    2467 County Road 2218, Glenwood, AL 36034

    $535,150
    139.00 AC lot

    139 acres with road frontage, pines, and hunting potential.

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    Off-Market Properties in Luverne, AL

    Consider similar Off-Market properties in Luverne, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Luverne, AL 36049
    OFFICE BUILDING

    Luverne, AL 36049

    Value Estimation by Request
    2,400 sqft
    View details
    2265 County Rd 1170
    MOBILE HOME PARK, TRAILER PARK

    2265 County Rd 1170, Luverne, AL 36049-5980

    Value Estimation by Request
    2.50 AC lot
    View details
    171 Frst Ave
    OFFICE BUILDING

    171 Frst Ave, Luverne, AL 36049-1606

    Value Estimation by Request
    2,071 sqft
    View details
    Luverne, AL 36049
    VACANT COMMERCIAL LAND

    Luverne, AL 36049

    Value Estimation by Request
    0.17 AC lot
    View details
    Roy Beall Dr
    MEDICAL BUILDING

    Roy Beall Dr, Luverne, AL 36049

    Value Estimation by Request
    5,552 sqft
    View details
    Mathews King Rd
    COMMERCIAL (GENERAL)

    Mathews King Rd, Luverne, AL 36049

    Value Estimation by Request
    1.01 AC lot
    View details
    Quall Tower Rd
    COMMERCIAL (GENERAL)

    Quall Tower Rd, Luverne, AL 36049

    Value Estimation by Request
    3,080 sqft 1.74 AC lot
    View details
    1096 3rd St
    COMMERCIAL (GENERAL)

    1096 3rd St, Luverne, AL 36049-4512

    Value Estimation by Request
    3,779 sqft
    View details
    5619 Brantley Hwy
    STORE/OFFICE (MIXED USE)

    5619 Brantley Hwy, Luverne, AL 36049-4228

    Value Estimation by Request
    1,414 sqft 19.00 AC lot
    View details

    Luverne, AL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Luverne, AL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 11,820 square feet of properties for sale, with an estimated market value of $3,208,300.

    Sale prices for business properties in Luverne, AL start at $50,000, averaging $291,663, and reaching up to $685,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,314
    Population Growth (5Y) -12.4%
    Median Household Income $53,073
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

    Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36049 $337.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.05%
    Property Tax per SF $29.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crenshaw County

    New Delisted

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