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    1.70 Acres Rainbow Dr Rainbow City, AL 35906

    For Sale
    $899,900

    COMMERCIAL LOT - Rainbow City, AL

    Lot size:
    1.70 Acres
    Days on Market:
    312
    Last Refresh:
    Dec 10 at 1:06 pm

    Property Features for 1.70 Acres Rainbow Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1509293000050.000
    Lot size
    1.70 Acres

    Building Details

    Architectural style
    Other

    CORPORATE SOUTH REALTY,INC (256) 543-1292

    Listing agent Wesley Sutton (256) 543-1292

    Listing date Feb 2, 2025

    MLS# 1119016 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Rainbow

    This commercial land is located in Rainbow City, AL. The site encompasses 1.7 acres and is situated at the heart of Rainbow Drive, surrounded by national tenants and established residential neighborhoods. The lot benefits from high traffic due to a red light, potentially funneling clients into a business. The corner lot has approximately 400 feet of frontage on Rainbow Drive and approximately 350 feet on Silvey Street. The land is level and sits slightly above or at road grade, providing visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.035156225
    Latitude
    33.959637207

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    FAQs

    What type of property is this?
    Commercial land - 1.7 acres of commercial land in high-traffic area.
    Where is this commercial land located?
    The property is located at 1.70 Acres Rainbow Dr Rainbow City, AL.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: - Prime commercial land in Rainbow City.; - High traffic location on Rainbow Drive at a red light.; - Corner lot with **400 +\/- ft on Rainbow Dr & 350 +\/- feet on Silvey St.**
    (256) 543-1292
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1.70 Acres Rainbow Dr Rainbow City, AL 35906
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