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Multi-Workspace Office Building
For Sale
$479,000

1666 South Forest Avenue, Luverne, AL 36049

A reception area, conference room, waiting room, storage, and bathrooms support a varied office layout.

Property Size2,322 SF
Price / SF$206.29
Days on Market13

Property Features for 1666 South Forest Avenue

General Information

Standard status Active
Size 2,322 SF
Property subtype Commercial

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $2,706

Building Details

Building Size 2,322 SF
Year Built 1991
Listing Agency: Smyth Realty & Timber Co., Inc.
Listed By: Richard Smyth
Source: Davidadamsrealty
Added: Oct 16 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smyth Realty & Timber Co., Inc.

Rey
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Investment Insights

Based on property information with market context.

This 2,322-square-foot office building, constructed in 1991, is arranged with four separate workspaces. Shared areas include a reception area, a conference room, a waiting room, storage areas, and bathrooms.

The property is in Luverne on Hwy 331. Parking is available at the front, with additional employee and customer parking at the rear.

Key Highlights

  • Four separate workspaces
  • 2,322‑square‑foot office building built in 1991
  • Reception area, conference room, and waiting room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dan C Hudson, ... Dental Office

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Veterinary Clinic Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 36049, AL

5,299
Population
2,448
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
83%
High-School Grad
161.0 sq mi
ZIP Area
33
Density / Sq Mi
$53,073
Median Household Income
$41,155
Median Earnings
$678
Median Rent
$124,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A reception area, conference room, waiting room, storage, and bathrooms support a varied office layout.
Where is this office building located?
The property is located at 1666 South Forest Avenue Luverne, AL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Four separate workspaces; 2,322‑square‑foot office building built in 1991; Reception area, conference room, and waiting room
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