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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 Honoraville, AL Dozier, AL Highland Home, AL Greenville, AL
    Retail Center on US Hwy 331
    Updated: Dec 23, 2024
    Retail Center on US Hwy 331

    1390 S Forest Avenue, Luverne, AL 36049

    $499,000
    4,800 sqft 0.36 AC lot
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Opportunities in Nearby Cities

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

    Retail Plaza on Atlanta Highway
    Retail Plaza on Atlanta Highway

    7730 Atlanta Hwy, Montgomery, AL 36117

    $3,930,000
    27,250 sqft

    Retail property in Montgomery's east retail submarket with high visibility.

    View details
    Fully Leased Shopping Center Investment
    Fully Leased Shopping Center Investment

    7920-7968 Atlanta highway, Montgomery, AL 36117

    $2,600,000
    24,074 sqft

    Fully leased investment property on Atlanta Highway.

    View details
    Industrial
    Industrial

    801 Daleville Avenue, Enterprise, AL 36330

    $335,000
    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.

    Retail Property with Income Potential
    Retail Property with Income Potential

    1319 S Brundidge St, Troy, AL 36081

    $2,200,000
    8,800 sqft 14.00 AC lot

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

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    Greenville, AL Commercial Development Land
    Greenville, AL Commercial Development Land

    Academy Drive, Greenville, AL 36037

    $550,000
    17.00 AC lot

    17 acres of commercial land with interstate visibility in Greenville.

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    Opelika Commercial Development Opportunity
    Opelika Commercial Development Opportunity

    2051 AL HIGHWAY 169, Opelika, AL 36804

    $1,827,000
    48.07 AC lot

    48-acre commercial land with high visibility and development potential.

    View details
    Cottondale Commercial Land For Sale
    Cottondale Commercial Land For Sale

    2730 HIGHWAY 231, Cottondale, FL 32431

    $1,200,000
    32.88 AC lot

    32.88+/- acres near I-10 and Hwy 231 in Cottondale, FL.

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    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

    Value Estimation by Request
    7,500 sqft
    View details

    Luverne, AL Shopping Centers Market Trends and Statistics

    Explore 2 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 $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 1

    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 $499K

    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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