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    531 Grand Ave Rainbow City, AL 35903

    For Sale
    $250,000

    COMMERCIAL LOT - Rainbow City, AL

    Days on Market:
    200
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for 531 Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    CLOKEY REALTY INC (256) 442-1000

    Listing agent Diane Dykes (256) 442-1000

    Listing date May 25, 2025

    MLS# 21889860 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

    Commercial Lot in Rainbow City

    This vacant commercial lot is located in Rainbow City, Etowah County, Alabama. Situated on a heavily traveled highway, the flat lot is suitable for new commercial development and ready for construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.048582
    Latitude
    33.969401

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot on a heavily traveled highway.
    Where is this commercial land located?
    The property is located at 531 Grand Ave Rainbow City, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Heavily traveled highway location; - Vacant commercial lot ready to build; - Flat lot
    (256) 442-1000
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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
    531 Grand Ave Rainbow City, AL 35903
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