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    Property profile & analytics

    2401 Montgomery Hwy Luverne, AL 36049

    • Retail properties
    • 4,060 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2499055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail properties

    Property Details for 2401 Montgomery Hwy

    Year built
    1996
    Property size
    4,060 SF
    Property type
    Retail properties
    APN
    24 12 04 19 0 000 020.001
    APU
    241204190000020001

    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
    -86.2873
    Latitude
    31.7389

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,635
    $11,200
    $26,820
    $38,020
    -
    $55,980
    $134,160
    $190,140

    Comparable in this City

    • Value Estimation by Request
      736 SF

      26 Pickens St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 736 SF
      26 Pickens St, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      5,000 SF

      294 Lee St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,000 SF
      294 Lee St, Luverne, AL 36049-4565
      View Details
    • Value Estimation by Request
      1,200 SF

      1086 3rd St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,200 SF
      1086 3rd St, Luverne, AL 36049-4512
      View Details
    • 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
      3,750 SF

      Luverne, AL 36049

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,750 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      2,400 SF

      Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,400 SF
      Main St, Luverne, AL 36049
      View Details

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    • $250,000
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      Retail Building in Luverne, AL

      3,500 SF retail building with financing options available.
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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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    • New
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      Turn-Key Event Venue Opportunity

      Turn-key event venue with full-service kitchen on 8.57 acres.
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    2401 Montgomery Hwy
    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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