Luverne AL Homes for Rent
The median home value in Luverne, AL is $126,200.
This is
higher than
the county median home value of $112,000.
The national median home value is $338,100.
The average price of homes sold in Luverne, AL is $126,200.
Approximately 46.41% of Luverne homes are owned,
compared to 27.51% rented, while
26.08% are vacant.
Luverne real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Luverne real estate agent to arrange a tour today!
- Type:
- General Commercial
- Sq.Ft.:
- 4,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1993
- Baths:
- MLS#:
- 202004
ADDITIONAL INFORMATION
This multi-tenant retail center with State Farm anchor tenant (credit-rated) is located on high-traffic US Hwy. 331 in Luverne, AL. 2023 AADT of 12,695 VPD. The building is approximately 4,800 sq. ft. with four +- 1,200 sq. ft. retail suites (75% occupancy). Positioned across from Ramey's Marketplace and near AutoZone, Luverne Parks & Recreation, DG Market, McDonald's, Jack's, Roses and more. Diverse tenant mix: Suite 1 (Vape Shop) with a lease expiring 3/31/2027, Suite 2 (long-term anchor tenant State Farm) leased through 12/31/2032 with scheduled rent increase, and Suite 3 (Bill Henry's Wings) with a lease expiring 7/31/2026. Suite 4 is newly vacant and available for a new tenant at $1,250/mo or ideal for owner-user - previously occupied by Subway and Fountain Bar & Grill, with a new HVAC installed in 2024. This sale offers a proforma NOI of $47,875.70 at full occupancy and a 9.6% cap rate.
$525,000
500 Montgomery Hwy Luverne, AL 36049
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 91 Acres
- Baths:
- MLS#:
- 21864882
- Subdivision:
- Mcgee
View additional info
Courtesy: Southeastern Land Group, Inc
256-227-7430
ADDITIONAL INFORMATION
Blackberry Farms is a unique property that offers a rare opportunity to own a year-round recreational tract. This 91+/- acre has a lot to offer including a beautiful Cabin, pond, quail course, and much more. 3 BR 2 1/2 Bath cabin. Screened in back porch over looking pond. Extensive road system. Long leaf pine stand recently burned and managed for quail course. Most of property fenced with net wire. Pole barn to store equipment. Sit on the porch and watch turkey and deer on the feeder! Property shown by appointment only.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable by is not guaranteed accurate by the MLS. Copyright 2025 , Dothan Multiple Listing Service, Inc.
