Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Forest Ave Luverne, AL 36049

    Sponsored
    For Sale
    $1,495,000

    Class A Medical Office, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A medical office building, constructed in 2018, presents a unique investment opportunity in Luverne, Alabama. Located on approximately 0.83 acres on a major roadway near the downtown area, this +/- 5,600 square foot facility currently operates as a state-of-the-art dialysis clinic. Its excellent condition and prime visibility make it an attractive prospect for a variety of medical uses. The property boasts ample on-site parking and is zoned B-3 (Commercial), offering flexibility for potential adaptations to suit diverse healthcare needs. The asking price is $1,495,000. Possession is granted at closing. This is an exclusive listing. The building's modern design and convenient location provide immediate access to a thriving community. Serious inquiries are encouraged to explore this exceptional opportunity to acquire a high-quality medical facility in a desirable market.

    Property Features for 0 Forest Ave

    General Information

    Property type
    Medical offices
    Class
    A

    Building Details

    Year Built
    2018

    HighLights

    • Sale Price: $1,495,000
    • Building Size: 5,600 SF
    • Land Area: 0.83 Acres
    • Zoning: B‑3 Commercial
    • Parking: On‑site
    • Highest and Best Use: Dialysis Clinic/Medical Office
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Luverne
    County
    Crenshaw
    State
    Alabama
    Longitude
    -86.265401177182
    Latitude
    31.701396804356

    Nearby Similar for Sale

    • $739,999
      7,394 SF

      Spacious Multi-Unit Property in Luverne

      16-bedroom, 16-bathroom property ideal for group residence or retreat.
      370 Roy Beall Dr, Luverne, AL 36049
      View Details
    • $499,900
      2,322 SF

      Dental Office Building on Hwy 331

      Dental office building in Luverne, leased until February 2026.
      1666 S Forest Ave, Luverne, AL 36049
      View Details
    • $750,000
      5,000 SF

      Turn-Key Event Venue Opportunity

      Turn-key event venue with full-service kitchen on 8.57 acres.
      1567 Airport Rd, Luverne, AL 36049
      View Details
    • $250,000
      7,500 SF

      Luverne Commercial Building For Sale

      7500 SF commercial building with retail and office space.
      1257 S Forest Ave, Luverne, AL 36049
      View Details
    • $650,000
      9,000 SF

      Renovated Commercial Building in Luverne

      Completely renovated commercial building with flexible space and modern amenities.
      174 South Forest Ave, Luverne, AL 36049
      View Details
    • $139,900
      2,839 SF

      Luverne Church with Expansion Potential

      Church with unfinished addition, suitable for office or residential conversion.
      198 Barbara Ave, Luverne, AL 36049
      View Details
    • $350,000
      32.00 Acres

      Broiler Operation on 32 Acres

      Two-house broiler operation in Crenshaw County, ready for next owner.
      5100 Mount Ida Rd, Luverne, AL 36049
      View Details
    • $99,900
      1,800 SF

      Remodeled Retail/Office Space in Luverne

      Remodeled commercial building suitable for retail, salon, or office use.
      95 S Forest Ave, Luverne, AL 36049
      View Details
    • $135,000
      3,080 SF

      Luverne, AL Commercial Building

      Commercial building in Luverne, Alabama featuring multiple classrooms.
      320 Hawkins Ave, Luverne, AL 36049
      View Details
    • $250,000
      3,500 SF

      Retail Building in Luverne, AL

      3,500 SF retail building with financing options available.
      1253 S Forest Ave, Luverne, AL 36049
      View Details
    • $150,000
      1,792 SF

      Commercial Building in Luverne, Alabama

      Commercial building suitable for various businesses in Luverne, Alabama.
      624 W 3Rd St, Luverne, AL 36049
      View Details
    • $349,000
      3.00 Acres

      Former Bowling & Family Fun Center

      13,600 sq ft commercial building on 3+ acres.
      2649 S Forest Ave, Luverne, AL 36049
      View Details

    FAQs

    What type of property is this?
    Medical office - Class A Medical Office, Excellent Location
    Where is this medical office located?
    The property is located at Forest Ave Luverne, AL.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Sale Price: $1,495,000; Building Size: 5,600 SF; Land Area: 0.83 Acres
    Request Owner's contact information
    Forest Ave Luverne, AL 36049
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Forest Ave
    Luverne, AL 36049
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Forest Ave Luverne, AL 36049
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.