65 Forest Ave Luverne, AL 36049
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.