Commercial Land with Road
For Sale
$750,000
3008 Rainbow Drive, Rainbow City, AL 35906
Commercial lot with approximately 115 feet of frontage on Rainbow Drive and additional access via Jones Street.
Lot Size1.90 Acres
Days on Market1181
Property Features for 3008 Rainbow Drive
General Information
Standard status
Active
Lot size
1.90 Acres
Property subtype
Commercial
Site & Location
Traffic Count
26,139 vehicles/day
Road Access
Yes
Listing Agency:
Era King Real Estate
(256) 442-1000
Listed By:
Lisa Harris
(256) 442-1000
Source:
Alabamaland
Added: May 8, 2023
Changed: Jul 24
Last Checked: Jul 30 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Era King Real Estate
Investment Insights
Based on property information with market context.
Approximately 1.9 acres +/- of commercial land on Rainbow Drive with approximately 115 feet of road frontage, plus additional access via Jones Street. The site is positioned to support a range of commercial development options, including retail, multiple office spaces, restaurants, and fast-food establishments.
The property is surrounded by established businesses and is located in the heart of Rainbow City. A daily traffic count estimate of 26,139 is cited for Rainbow Drive, supporting strong day-to-day exposure for a prospective development.
Buyers have flexibility to evaluate site planning and programming based on the intended commercial use, using the two access points for circulation and site access.
The property is surrounded by established businesses and is located in the heart of Rainbow City. A daily traffic count estimate of 26,139 is cited for Rainbow Drive, supporting strong day-to-day exposure for a prospective development.
Buyers have flexibility to evaluate site planning and programming based on the intended commercial use, using the two access points for circulation and site access.
Key Highlights
- Approximately 1.9 acres +/- commercial site on Rainbow Drive with approximately 115 ft of road frontage
- Additional access available via Jones Street
- Located in the heart of Rainbow City and surrounded by established businesses
Property Analytics
Current Use
Lease Details
26,139 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 35906, AL
10,444
Population
4,743
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
85%
High-School Grad
35.0 sq mi
ZIP Area
298
Density / Sq Mi
$58,896
Median Household Income
$41,701
Median Earnings
$998
Median Rent
$199,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lot with approximately 115 feet of frontage on Rainbow Drive and additional access via Jones Street.
Where is this commercial land located?
The property is located at 3008 Rainbow Drive Rainbow City, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 1.9 acres +/- commercial site on Rainbow Drive with approximately 115 ft of road frontage; Additional access available via Jones Street; Located in the heart of Rainbow City and surrounded by established businesses
