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Property profile

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

OFF-MARKET
Retail residential properties
Built 1993
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Retail residential properties
Year built 1993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1390 S Forest Ave | Luverne, AL 36049 Luverne, AL 36049
Luverne metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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