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Level Commercial Land
For Sale
$1,250,000

1058 Rainbow Drive, Gadsden, AL 35901

Business Opportunity, Gadsden, AL

Property SizeContact for details
Lot Size4.00 Acres
Days on Market176

Property Features for 1058 Rainbow Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Metes And Bounds
Lot features High Visibility
Directions Rainbow Dr, Turn Right Onto River Rd @ Mcdonalds And Property Is Next To The Hampton Inn.
Standard status Active
APN 1505160001001.000
Lot size 4.00 Acres

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Corporate South Realty,Inc
Listed By: Wesley Sutton · License #78909
Added: Apr 5 Changed: Sep 2 Last Checked: Sep 27 at 11:06AM
MLS# 21841875

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Investment Insights

Based on property information with market context.

This 4-acre commercial land tract offers a level site for future development along Rainbow Drive in Gadsden. The property is positioned on Highway 411 and has approximately 800 feet of visibility along Rainbow Drive and I-759. Public water and public sewer serve the site.

The tract is located near I-759 and one block from the approved Coosa Harbor retail and restaurant waterfront development. The property information identifies potential applications including an office park, restaurants, or mixed-use development. Its level topography and existing public utility service provide a defined foundation for planning a commercial project.

Key Highlights

  • 4 acres +/- of level commercial land
  • Approximately 800 ft of visibility on Rainbow Drive and I‑759
  • Positioned on Highway 411 near I‑759

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Electrical Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 35901, AL

18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Level commercial land with public water and sewer service.
Where is this commercial land located?
The property is located at 1058 Rainbow Drive 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: 4 acres +/- of level commercial land; Approximately 800 ft of visibility on Rainbow Drive and I‑759; Positioned on Highway 411 near I‑759
More about this property
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