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    Property profile & analytics

    Luverne, AL 36049

    • Hospitals
    • 15,064 SF
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    $735,000
    Location Intelligence
    Property ID
    US03-2642568
    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

    • Hospitals

    Property Details

    Year built
    2003
    Lot size
    8.00 lot acres
    Property size
    15,064 SF
    Property type
    Hospitals
    APN
    24 15 02 04 0 000 017.002
    APU
    241502040000017002

    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
    -86.2629
    Latitude
    31.6941

    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
    $26,029
    $32,000
    $573,320
    $605,320
    -
    $160,000
    $2,866,560
    $3,026,560

    Comparable in this City

    • Value Estimation by Request
      57,486 SF

      101 Hospital Dr

      HOSPITAL - PRIVATE • 57,486 SF
      101 Hospital Dr, Luverne, AL 36049-7344
      View Details
    • Value Estimation by Request

      Forest Ave

      Medical offices
      0 Forest Ave, Luverne, AL 36049
      View Details
    • Value Estimation
      $745,000
      44,433 SF

      3rd W Rd

      HOMES (RETIRED, NURSING) • 44,433 SF
      3rd W Rd, Luverne, AL 36049
      View Details
    • Value Estimation
      $435,000
      5,100 SF

      Luverne, AL 36049

      MEDICAL BUILDING • 5,100 SF
      Luverne, AL 36049
      View Details
    • Value Estimation
      $350,000
      2,601 SF

      288 Frst Ave

      MEDICAL BUILDING • 2,601 SF
      288 Frst Ave, Luverne, AL 36049-1602
      View Details
    • Value Estimation
      $240,000
      4,680 SF

      Luverne, AL 36049

      MEDICAL BUILDING • 4,680 SF
      Luverne, AL 36049
      View Details

    Similar Nearby for Sale

    • $1,495,000

      Luverne Medical Office Building

      Class A Medical Office, Excellent Location
      0 Forest Ave, Luverne, AL 36049
      View Details
    • $650,000
      9,000 SF

      Renovated Commercial Building in Luverne

      Completely renovated commercial building with flexible space and modern amenities.
      174 South Forest Ave, Luverne, AL 36049
      View Details
    • $350,000
      32.00 Acres

      Broiler Operation on 32 Acres

      Two-house broiler operation in Crenshaw County, ready for next owner.
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      View Details
    • $985,000
      5,000 SF

      Turnkey Event Venue Opportunity

      Turnkey event venue with full-service kitchen on 8.57 acres.
      1567 Airport Rd, Luverne, AL 36049
      View Details
    • New
      $139,900
      2,839 SF

      Luverne Church with Expansion Potential

      Church with unfinished addition, suitable for office or residential conversion.
      198 Barbara Ave, Luverne, AL 36049
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    • $499,000
      4,800 SF

      Luverne Retail Center Investment

      High-Traffic Retail Center, Great NOI
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      View Details
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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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