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    Luverne, AL
    Shopping Center

    Luverne, AL Shopping Centers for Sale

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    Rutledge, AL Glenwood, AL Goshen, AL Brantley, AL Dozier, AL Grady, AL Highland Home, AL Greenville, AL
    Multi-Tenant Retail Center
    Updated: Dec 23, 2024
    Multi-Tenant Retail Center

    1390 S Forest Avenue, Luverne, AL 36049

    $499,000
    0.36 AC lot
    Approximately 4,800 sq. ft. on 0.36 acres
    Four ±1,200 sq. ft. retail suites; 100% occupied
    US Hwy. 331 exposure with 2023 AADT of 12,695 VPD
    State Farm lease extends through 12/31/32 with scheduled rent increase
    New HVAC installed in 2024
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    Occupied Multi-Tenant Strip Mall
    Updated: Feb 18
    Occupied Multi-Tenant Strip Mall

    1390 S Forest Ave, Luverne, AL 36049

    $499,000
    4,800 sqft
    Approximately 4,800 sq. ft. across four retail suites of roughly 1,200 sq. ft. each
    100% occupied with Haynes Ambulance, State Farm, Between the Rye Sandwich Shop, and Smash Mouth Foods
    Frontage on US Hwy 331 with 2023 AADT of 12,695 VPD
    Across from Ramey’s Marketplace and near AutoZone, DG Market, McDonald's, Jack's, and Roses
    Modified Gross Leases with expirations from 11‑30‑28 to 12‑31‑32
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 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 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Dual-Frontage Shopping Center
    Dual-Frontage Shopping Center

    2264 E South Blvd, Montgomery, AL 36116

    Contact for pricing
    59,409 sqft

    Retail center with exposure along Highway 82 and Woodley Road, serving established residential density nearby.

    View details
    Billingsley Promenade Shopping Center
    Billingsley Promenade Shopping Center

    3441 Malcolm Dr, Montgomery, AL 36116

    Contact for pricing
    18,720 sqft

    PUD-zoned retail center with established occupants near Auburn University Montgomery, Baptist Medical Center, and nearby office parks.

    View details
    Industrial
    Industrial

    801 Daleville Avenue, Enterprise, AL 36330

    Contact for pricing
    9,692 sqft

    Shopping centers · 9,692 SF

    View details
    Dauphin Plaza Shopping Center
    Dauphin Plaza Shopping Center

    1032 Boll Weevil Cir, Enterprise, AL 36330

    Contact for pricing
    86,260 sqft

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

    View details

    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.

    Strip Mall with Two Retail Buildings
    Strip Mall with Two Retail Buildings

    1319 S Brundidge St, Troy, AL 36081

    $2,200,000
    14.00 AC lot

    14+/- acres zoned C4 & R2 with two retail strip buildings occupied by multiple tenants and public utilities available.

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    Commercial Development Land
    Commercial Development Land

    Academy Drive, Greenville, AL 36037

    $550,000
    17.00 AC lot

    Commercial land offers direct interstate visibility along the I-65 corridor.

    View details

    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
    WHOLESALE OUTLET, DISCOUNT STORE

    Luverne, AL 36049

    $225,000
    Estimated value
    7,500 sqft
    View details

    Luverne, AL Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Luverne, AL on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $998,000.

    Sale prices for plazas in Luverne, AL average $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Storefront properties 2

    Demographics Overview

    Population 5,314
    Population Growth (5Y) -12.4%
    Median Household Income $53,073
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

    Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36049 $502.8K

    Taxes & Financing

    Tax Rate (average for all types) 4.05%
    Property Tax per SF $29.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crenshaw County

    New Delisted

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