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Retail Space For Sale
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1253 S Forest Ave, Luverne, AL 36049

Retail space available for purchase.

Property Size3,500 SF
Price / SF$21.43
Days on Market847

Property Features for 1253 S Forest Ave

General Information

Standard status Active
Size 3,500 SF
Total Parking Spaces 16
Property subtype Land, Retail
Zoning City

Building Details

Year Built 2008
Buildings 1
Stories 1
Listing Agency: Butler Land & Timber Co
Listed By: Danny Rolling · License #AL 000099095-0
Source: Crexi
Added: Jun 21, 2024 Changed: Oct 1 Last Checked: Oct 14 at 7:40PM

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 Butler Land & Timber Co

Rey
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Investment Insights

Based on property information with market context.

This commercial real estate offering features a retail space available for sale. The property encompasses a total size of 3,500 square feet.

Key Highlights

  • Built in 2008, this property offers relatively modern construction.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Hair Salon Law Firm Auto Parts Store 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

134
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 21%
McDonald's Dining
18,268 visits/mo 0.4 miles
Jack's Family Restaurants Dining
8,546 visits/mo 0.3 miles
Hardee's Dining
4,419 visits/mo 0.5 miles
Red Rock Shops & Services
3,611 visits/mo 0.1 miles
AutoZone Shops & Services
2,882 visits/mo 0.0 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 1253 S Forest Ave Luverne, AL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Built in 2008, this property offers relatively modern construction.
(334) 429-0055 Call to check price and availability
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