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    Luverne, AL
    Strip Mall

    Luverne, AL Strip Malls for Sale

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    Rutledge, AL Goshen, AL Glenwood, AL Brantley, AL Dozier, AL Grady, AL Greenville, AL Honoraville, AL
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Luverne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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
    11-Unit Shopping Center
    11-Unit Shopping Center

    11275 Us Highway 98 W, Miramar Beach, FL 32550

    $6,900,000
    28,000 sqft

    Fully leased retail complex positioned at the corner of two streets near Silver Sands Outlet Mall.

    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
    Retail Center in Miramar Beach
    Retail Center in Miramar Beach

    11275 Emerald Coast Parkway, Miramar Beach, FL 32550

    $9,500,000

    28,000 SF retail center, fully leased, high-traffic location.

    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.

    Occupied Retail Strip Center
    Occupied Retail Strip Center

    1319 S Brundidge St, Troy, AL 36081

    $2,200,000
    14.00 AC lot

    Two retail buildings support multiple tenants with public water and sewer service.

    View details

    Luverne, AL Strip Malls Market Trends and Statistics

    Explore 1 strip malls 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 retail strips 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

    Storefront properties 3
    Shopping centers 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 $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

    How Realmo verifies these figures

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