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Property profile & analytics
FOR SALE
Medical Office Space

1014 S Forest Ave Luverne, AL 36049

5,616 SF 0.78 ac lot Built 2018
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2472687
1014 S Forest Ave, Luverne, AL 36049 For Sale
Contact for pricing 5,616 SF
1014 S Forest Ave, Luverne, AL 36049
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Property summary
AI-generated overview

This exceptional 5,600 square foot medical office building is situated on a 0.83-acre lot in Luverne, Alabama, at 1014 S. Forest Avenue. Currently configured as a state-of-the-art dialysis facility, this property boasts excellent condition and a highly visible location on a major roadway near the downtown area. The building is zoned B-3, offering flexibility for various medical or potentially other uses. Ample on-site parking is available for patients and staff. The property is offered at $1,495,000 and possession is available at closing. This presents a unique opportunity to acquire a well-maintained, strategically located medical facility in a thriving community. The property's size and zoning provide considerable adaptability for a range of healthcare or other suitable businesses. Its prime location ensures high visibility and convenient access for clients. All interested parties are encouraged to explore the potential this exceptional property offers. The property is located in Crenshaw County, Alabama, zip code 36049.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2018
Total area 5,616 SF
Lot 0.78 ac (34,000 SF)
APN 24 15 02 04 2 000 016.000
UPID US03-2472687
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Physicians Choice Dialysis of Luverne Medical Clinic
  • Hari Naga Venu Gopal Garapati Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PCD LUVERNE REAL EST
PCD LUVERNE REAL EST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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