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    174 South Forest Ave Luverne, AL 36049

    For Sale
    $650,000

    Commercial - Luverne, AL

    Property size:
    9,000 SF
    Lot size:
    1.00 Acre
    Days on Market:
    262
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 174 South Forest Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Offsite, On Street, Paved or Surfaced
    Interior features
    Overhead Door, Inside Storage, Three Phase, Reception Area
    Exterior features
    Sidewalks, Delivery Door
    Size
    9,000 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick, Brick Veneer
    Roof type
    Rubber
    Architectural style
    Other

    Smyth Realty & Timber Co., Inc. (334) 335-5390

    Listing agent RICHARD SMYTH (334) 406-5390

    Listing date Mar 20, 2025

    MLS# 27487 Listing URL

    Copyright © 2025 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Building in Luverne

    This renovated commercial building, completed in 2022, offers flexible space suitable for various business needs. The 9,000 square foot property, located in Luverne, Alabama, features a total renovation including a new rubber membrane roof, new electrical (3 phase), new plumbing, new heating and cooling systems, new roll-up doors, and new storefront doors. The interior layout includes 4 offices and 6 bathrooms, providing a range of possibilities for customization. The property is situated on a 1-acre lot and benefits from landscaping. The building can be used as flex space, industrial property, or office space.
    Location Intelligence

    Current Use by Public Records

    Xtreme Industrial Metal Metal Workshop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Luverne
    County
    Crenshaw
    State
    Alabama
    Longitude
    -86.264148
    Latitude
    31.714221

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    FAQs

    What type of property is this?
    Flex space - Completely renovated commercial building with flexible space and modern amenities.
    Where is this flex space located?
    The property is located at 174 South Forest Ave Luverne, AL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Total renovation completed in 2022, including new roof, electrical, plumbing, HVAC, and doors.; - New electrical system with 3-phase power.; - Six bathrooms and four offices provide flexible space.
    (334) 406-5390
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    174 South Forest Ave Luverne, AL 36049
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