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    1058 Rainbow Dr Gadsden, AL 35901

    For Sale
    $1,250,000

    COMMERCIAL LOT - Gadsden, AL

    Lot size:
    4.00 Acres
    Days on Market:
    352
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 1058 Rainbow Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1505160001001.000
    Lot size
    4.00 Acres

    Building Details

    Architectural style
    Other

    CORPORATE SOUTH REALTY,INC (256) 543-1292

    Listing agent Wesley Sutton (256) 543-1292

    Listing date Dec 27, 2024

    MLS# 21841875 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

    Gadsden Commercial Lot For Sale

    This commercial land is approximately 4 acres and is conveniently located near Highway 411, I-759, shopping areas, downtown Gadsden, and the river. The property features approximately 800 feet of visibility on Rainbow Drive and 759. It is suitable for a potential office park, restaurants, or mixed-use development. The property allows for building on a portion of the land and selling or leasing the remainder.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.003437337
    Latitude
    33.99483772

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    FAQs

    What type of property is this?
    Commercial land - 4-acre commercial lot with high visibility on Rainbow Drive.
    Where is this commercial land located?
    The property is located at 1058 Rainbow Dr Gadsden, AL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime commercial location with HIGH VISIBILITY (approx. 800 ft) on Rainbow Drive and Highway 759.; - Convenient access to Highway 411, I-759, shopping, downtown Gadsden, and the river.; - Large 4-acre +/- tract of land.
    (256) 543-1292
    Request Owner's contact information
    1058 Rainbow Dr Gadsden, AL 35901
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1058 Rainbow Dr Gadsden, AL 35901
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