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    Rainbow City Commercial Property For Sale Title is generated by Realmo AI

    113 Rainbow Industrial Blvd, Rainbow City, AL 35906

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    Claim this Listing
    For Sale
    $499,900

    COMMERCIAL - Rainbow City, AL

    Property size:
    4,000 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $124/SF
    Added:
    May 20, 2026
    Days on Market:
    39
    Last Refresh:
    Jun 27 at 11:06 pm

    Property Features for 113 Rainbow Industrial Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1504190001007.004
    Size
    4,000 SF
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1997
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Contact an agent
    Betty Greer
    Betty Greer

    Listing agent Betty Greer License #64642

    Listing office Susie Weems Real Estate, LLC 314 Albert Rains Blvd, Gadsden, AL

    Listing date May 20, 2026

    MLS# 21889455

    Copyright © 2026 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.

    HighLights

    • Located in Rainbow City Industrial Park with easy access to I‑59 and other major highways.
    • Suitable for professional office, medical, dental, supplier, or warehouse use.
    • Equipped with essential utilities: Alabama Power, Spire Gas, and city sewer.
    • Features a large parking lot in front and back.
    • Includes an alarm system for each suite.
    • Built in 1997 with concrete flooring and a metal roof.

    Overview

    This light industrial property is located in Rainbow City Industrial Park. The 4,000 square foot building is suitable for professional office, medical, or dental use, or as a supplier or warehouse. Utilities include Alabama Power, Spire Gas, and city sewer. Each suite is equipped with an alarm system. The property is close to I-59 and other major highways. The property includes a large parking lot in front and back. The lot size is 1 acre.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.2k $19.80
    − Vacancy −$8.3k −$2.08
    EGI $70.9k $17.72
    − OpEx −$28.4k −$7.09
    NOI $42.5k $10.63
    4,000 SF · lease $19.80/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $607.6K
    $531.6K – $708.8K (±1% cap)
    NOI $42,530 @ 7.0% cap · market cap 8.51%
    Second Best
    Flex RnD
    $470.5K
    $411.7K – $549.0K (±1% cap)
    NOI $32,938 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Specialty Retail
    $654.0K
    $572.3K – $763.0K (±1% cap)
    NOI $45,781 @ 7.0% cap · market cap 9.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Gym & Fitness Center Department Store Kitchen & Bath Showroom HVAC Service Storage Facility Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.059507
    Latitude
    33.979317

    FAQs

    What type of property is this?
    Flex space - Light industrial property suitable for office, medical, or warehouse use.
    Where is this flex space located?
    The property is located at 113 Rainbow Industrial Blvd Rainbow City, AL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Located in Rainbow City Industrial Park with easy access to I‑59 and other major highways.; Suitable for professional office, medical, dental, supplier, or warehouse use.; Equipped with essential utilities: Alabama Power, Spire Gas, and city sewer.
    More about this property
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