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    Property profile & analytics

    Luverne, AL 36049

    • Distribution centers
    • 20,254 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2098223
    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

    • Distribution centers

    Property Details

    Year built
    1965
    Property size
    20,254 SF
    Property type
    Distribution centers
    APN
    24 12 08 33 3 005 002.000
    APU
    241208333005002000

    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
    -86.2634
    Latitude
    31.7081

    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
    $2,716
    $8,980
    $54,180
    $63,160
    -
    $44,920
    $270,960
    $315,880

    Comparable in this City

    • Value Estimation
      $650,000
      33,910 SF

      Luverne, AL 36049

      DISTRIBUTION WAREHOUSE • 33,910 SF
      Luverne, AL 36049
      View Details
    • Value Estimation
      $345,000
      5,175 SF

      Nn Frst Ave

      DISTRIBUTION WAREHOUSE • 5,175 SF
      Nn Frst Ave, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      3,000 SF

      Luverne, AL 36049

      DISTRIBUTION WAREHOUSE • 3,000 SF
      Luverne, AL 36049
      View Details
    • Value Estimation by Request
      13,456 SF

      408 Lee St

      DISTRIBUTION WAREHOUSE • 13,456 SF
      408 Lee St, Luverne, AL 36049-4554
      View Details
    • Value Estimation by Request
      17,339 SF

      Luverne, AL 36049

      DISTRIBUTION WAREHOUSE • 17,339 SF
      Luverne, AL 36049
      View Details
    • Value Estimation
      $465,000
      4,650 SF

      95 3rd St

      DISTRIBUTION WAREHOUSE • 4,650 SF
      95 3rd St, Luverne, AL 36049-1349
      View Details

    Similar Nearby for Sale

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      Completely renovated commercial building with flexible space and modern amenities.
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      Broiler Operation on 32 Acres

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    • New
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      0.19 Acres

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      Luverne Church with Expansion Potential

      Church with unfinished addition, suitable for office or residential conversion.
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    • $750,000
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      Turn-Key Event Venue Opportunity

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      Luverne Retail Center Investment

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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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