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    Property profile & analytics

    Forest Ave Luverne, AL 36049

    • Office Properties & Spaces
    For Sale
    View listing
    $1,495,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 0 Forest Ave

    Year built
    2018
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Luverne
    County
    Crenshaw
    State
    Alabama
    Longitude
    -86.2654
    Latitude
    31.7014

    Comparable in this City

    • Value Estimation
      $435,000
      5,100 SF

      Luverne, AL 36049

      MEDICAL BUILDING • 5,100 SF
      Luverne, AL 36049
      View Details
    • Value Estimation
      $350,000
      2,601 SF

      288 Frst Ave

      MEDICAL BUILDING • 2,601 SF
      288 Frst Ave, Luverne, AL 36049-1602
      View Details
    • Value Estimation
      $240,000
      4,680 SF

      Luverne, AL 36049

      MEDICAL BUILDING • 4,680 SF
      Luverne, AL 36049
      View Details
    • Value Estimation
      $440,000
      3,899 SF

      Luverne, AL 36049

      MEDICAL BUILDING • 3,899 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      3,035 SF

      587 Bentley Ave

      MEDICAL BUILDING • 3,035 SF
      587 Bentley Ave, Luverne, AL 36049-1808
      View Details
    • Value Estimation by Request
      5,552 SF

      Roy Beall Dr

      MEDICAL BUILDING • 5,552 SF
      Roy Beall Dr, Luverne, AL 36049
      View Details

    Similar Nearby for Sale

    • $1,495,000

      Luverne Medical Office Building

      Class A Medical Office, Excellent Location
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      Dental Office Building on Hwy 331

      Dental office building in Luverne, leased until February 2026.
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      Luverne Commercial Building For Sale

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      Renovated Commercial Building in Luverne

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      Luverne Commercial Building For Sale

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    Forest Ave
    Luverne, AL 36049
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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
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