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Luverne, AL Shopping Centers for Sale

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Luverne Retail Center For Sale
$499,000
0.36 Acres

Luverne Retail Center For Sale

1390 Forest Avenue, Luverne, AL 36049

Multi-tenant retail center in Luverne, Alabama, 100% occupied.

  • Excellent 9% Cap Rate with NOI of $45,601.66
  • Anchor tenants include State Farm (leased through 12/31/32 with scheduled rent increase) and Hayne's Ambulance (leased through 11‑30‑28)
  • 100% Occupied with a diverse tenant mix and staggered lease expiration dates
  • Located on US Hwy. 331 with 2023 AADT of 12,695 VPD
  • High‑traffic location across from Ramey's Marketplace and near other businesses and recreation
Updated: Apr 14
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Luverne Retail Center For Sale
$506,685
4,800 SF

Luverne Retail Center For Sale

1390 S Forest Avenue, Luverne, AL 36049

Fully occupied retail center with diverse tenants and high visibility.

  • 9% Cap Rate with NOI of $45,601.66
  • 100% Occupied Retail Center
  • Anchor Tenants: State Farm (leased through 12/31/32 with scheduled rent increase) and Hayne's Ambulance (leased through 11‑30‑28)
  • Located on US Hwy. 331 with 2023 AADT of 12,695 VPD
  • New HVAC installed in 2024
Updated: Dec 22, 2024
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Luverne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Midtown Plaza Retail Opportunity
Contact for pricing
90,783 SF

Midtown Plaza Retail Opportunity

90,783 SF shopping center with high visibility on Highway 231.

1548 South US Highway 231, Ozark, AL 36360
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Midtown Plaza Shopping Center
Contact for pricing
90,783 SF

Midtown Plaza Shopping Center

90,783 SF multi-tenant center on U.S. Highway 231.

1548 South US Highway 231, Ozark, AL 36360
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Industrial
$335,000
9,692 SF

Industrial

Shopping centers · 9,692 SF

801 Daleville Avenue, Enterprise, AL 36330
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Dauphin Plaza Shopping Center
Contact for pricing
86,260 SF

Dauphin Plaza Shopping Center

Newly renovated shopping center in Enterprise, Alabama, for sale.

1032 Boll Weevil Cir, Enterprise, AL 36330
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Development Land
$1,500,000
13.27 Acres

Prime Commercial Development Land

13.27 acres on U.S. 231, Troy, AL.

120 U.S. 231 N, Troy, AL 36079
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Retail Property with Development Potential
$2,200,000
14.00 Acres

Retail Property with Development Potential

Retail property on 14 acres with development potential in Troy.

1319 S. Brundidge St, Troy, AL 36081
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Retail Property with Income Potential
$2,200,000
14.00 Acres

Retail Property with Income Potential

14-acre retail property with two buildings and highway frontage.

1319 S Brundidge St, Troy, AL 36081
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Greenville, AL Commercial Development Land
$550,000
17.00 Acres

Greenville, AL Commercial Development Land

17 acres of commercial land with interstate visibility in Greenville.

Academy Drive, Greenville, AL 36037
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Explore Off-Market Properties in Luverne, AL

Consider similar Off-Market properties in Luverne, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Luverne, AL 36049

Luverne, AL 36049

WHOLESALE OUTLET, DISCOUNT STORE • 7,500 SF
Value Estimation by Request
Luverne, AL 36049
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Luverne, AL Shopping Centers Investment Opportunities Market Analysis

Explore 3 shopping centers for sale in Luverne, AL on our real estate platform. These investment opportunities span a total of 15,682 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for plazas in Luverne, AL start at $499,000, averaging $499,000, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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