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Property profile & analytics
OFF-MARKET
Commercial real estate

65 Forest Ave Luverne, AL 36049

Property ID
US03-2261178
Property summary
AI-generated overview

This exceptional 2,500 square foot commercial building is situated in the heart of downtown Luverne, Alabama, at 65 South Forest Ave, zip code 36049. Its prime location offers unparalleled visibility and accessibility, benefiting from high foot traffic and proximity to local amenities such as shops, restaurants, and other businesses. The versatile interior layout is adaptable to a wide range of commercial uses, making it suitable for retail, office spaces, or service-based businesses. The building presents a unique opportunity for both owner-occupiers seeking a strategic location to establish or expand their business and investors looking for a strong rental income stream. Luverne's burgeoning economy and ongoing downtown revitalization efforts contribute to the property's significant long-term appreciation potential. This presents a compelling investment opportunity in a thriving market, offering a blend of immediate usability and future growth prospects. The asking price for this exceptional property is $115,000. The property is listed as an office building, though its flexible layout allows for diverse commercial applications.

Property profile
Verified
Property type Commercial real estate
UPID US03-2261178
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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