Technical
Financial
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Property profile

65 Forest Ave Luverne, AL 36049

OFF-MARKET
Office Spaces
Property ID
US03-2261178
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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 Office Spaces
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

Location

65 Forest Ave Luverne, AL 36049
Luverne metro
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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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