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    Property profile & analytics

    Luverne, AL 36049

    • Office buildings
    • 2,459 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2776095
    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

    • Office buildings

    Property Details

    Year built
    1910
    Property size
    2,459 SF
    Property type
    Office buildings
    APN
    24 20 05 16 2 011 005.000
    APU
    242005162011005000

    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
    -86.2568
    Latitude
    31.5821

    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
    $1,056
    $400
    $24,160
    $24,560
    -
    $2,020
    $120,760
    $122,780

    Comparable in this City

    • Value Estimation by Request
      768 SF

      My Ida Rd

      OFFICE BUILDING • 768 SF
      My Ida Rd, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      780 SF

      360 3rd St

      OFFICE BUILDING • 780 SF
      360 3rd St, Luverne, AL 36049-1003
      View Details
    • Value Estimation by Request
      2,856 SF

      21 Folmar Ave

      OFFICE BUILDING • 2,856 SF
      21 Folmar Ave, Luverne, AL 36049-2119
      View Details
    • Value Estimation by Request
      1,500 SF

      Frst Ave

      OFFICE BUILDING • 1,500 SF
      Frst Ave, Luverne, AL 36049
      View Details
    • Value Estimation by Request
      1,716 SF

      10345 Petrey Hwy

      OFFICE BUILDING • 1,716 SF
      10345 Petrey Hwy, Luverne, AL 36049-4406
      View Details
    • Value Estimation by Request
      2,700 SF

      118 Frst Ave

      OFFICE BUILDING • 2,700 SF
      118 Frst Ave, Luverne, AL 36049-1502
      View Details

    Similar Nearby for Sale

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      Multi-Tenant Retail Center For Sale

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    • $650,000
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      Renovated Commercial Building in Luverne

      Completely renovated commercial building with flexible space and modern amenities.
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    • $250,000
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      Luverne Commercial Building For Sale

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      Dental Office Building on Hwy 331

      Dental office building in Luverne, leased until February 2026.
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    • $99,900
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      Remodeled Retail/Office Space in Luverne

      Remodeled commercial building suitable for retail, salon, or office use.
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    • $1,495,000

      Luverne Medical Office Building

      Class A Medical Office, Excellent Location
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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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