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    Luverne, AL
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    Luverne, AL Shopping Centers for Sale

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    Rutledge, AL Glenwood, AL Brantley, AL
    Retail Center on US Hwy 331
    $499,000
    4,800 SF
    Retail Center on US Hwy 331

    1390 S Forest Avenue, Luverne, AL 36049

    Multi-tenant retail center in Luverne, AL with diverse tenants.
    • 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: Dec 23, 2024
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    Luverne Retail Center For Sale
    $499,000
    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
    View details
    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.

    Opportunities in Nearby Cities

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

    Retail Space in Dothan Pavilion
    Contact for pricing
    5,000 SF
    Retail Space in Dothan Pavilion

    Retail space available in a high-traffic retail hub.

    5031 Montgomery Hwy, Dothan, AL 36303

    View details
    Stabilized Retail Investment Opportunity
    $2,825,000
    20,000 SF
    Stabilized Retail Investment Opportunity

    Multi-tenant retail property in Dothan's commercial corridor, 100% occupied.

    3753 Ross Clark Cir, Dothan, AL 36303

    View details
    Fully Leased Shopping Center Investment
    $2,600,000
    24,074 SF
    Fully Leased Shopping Center Investment

    Fully leased investment property on Atlanta Highway.

    7920-7968 Atlanta highway, Montgomery, AL 36117

    View details
    Retail Property in Strong Corridor
    $2,900,000
    59,061 SF
    Retail Property in Strong Corridor

    Four buildings in high-traffic retail area with ample parking.

    555 Eastern Blvd, Montgomery, AL 36117

    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.

    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

    View details
    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

    View details
    Retail Property with Income Potential
    $2,200,000
    8,800 SF
    Retail Property with Income Potential

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

    1319 S Brundidge St, Troy, AL 36081

    View details
    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

    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
    7,500 SF
    Value Estimation by Request

    Luverne, AL 36049

    View details

    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 9,600 square feet of properties for sale, with an estimated market value of $998,000.

    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

    Shopping centers 2
    Storefront properties 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 median 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 sq ft
    Average Loan-to-Value 65.0%

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