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    1390 S Forest Ave | Luverne, AL 36049 Luverne, AL 36049

    • Retail residential properties
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 1390 S Forest Ave | Luverne, AL 36049

    Year built
    1993
    Property type
    Retail residential properties
    Property subtype
    Retail properties

    Description

    1,200 Sq. Ft. end-unit with pick up window on Hwy. 331 with great visibility, easy access and high traffic counts (12,695 VPD). Previously occupied by Subway and Fountain Bar & Grill, this versatile space is well-suited for restaurant, café, or retail use. Location Description Located on US Hwy. 331 at 1390 S. Forest Ave, Luverne, AL Highlights Main customer area for dining, retail displays, or customer interaction Drive-thru window, small kitchen, 1 restroom New HVAC unit in 2024 Co-tenants: State Farm, Bill Henry's wings, Sam Vape Store Across from Ramey's Marketplace Nearby Retailers include: Roses, McDonald's, AutoZone, Jack's 2023 Traffic Count: 12,695 Vehicles Per Day

    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
    State
    Alabama
    Longitude
    -86.2637
    Latitude
    31.707

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      1253 Forest Ave

      Individual retail properties • 3,500 SF
      1253 Forest Ave, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      2,400 SF

      119 Forest Ave

      Individual retail properties • 2,400 SF
      119 Forest Ave, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      861 SF

      Luverne, AL 36049

      STORE/OFFICE (MIXED USE) • 861 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      7,919 SF

      Luverne, AL 36049

      STORE/OFFICE (MIXED USE) • 7,919 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      2,100 SF

      Luverne, AL 36049

      STORE/OFFICE (MIXED USE) • 2,100 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      4,320 SF

      974 3rd St

      STORE/OFFICE (MIXED USE) • 4,320 SF
      974 3rd St, Luverne, AL 36049
      View Details

    Similar Nearby for Sale

    • $250,000
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      Prime Luverne Retail Space

      Profitable Clothing Store, 3,500 sq ft
      1253 Forest Ave, Luverne, AL 36049
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    • $249,900
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      Luverne Retail Building - $249,900

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    • $250,000
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      Luverne Commercial Building For Sale

      7500 SF commercial building with retail and office space.
      1257 S Forest Ave, Luverne, AL 36049
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    • $250,000
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      Retail Building in Luverne, AL

      3,500 SF retail building with financing options available.
      1253 S Forest Ave, Luverne, AL 36049
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    • $99,900
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      Remodeled Retail/Office Space in Luverne

      Remodeled commercial building suitable for retail, salon, or office use.
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    • $506,685
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      Multi-Tenant Retail Center For Sale

      Fully occupied retail center with diverse tenant mix.
      1390 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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