Rainsville Commercial Property on
3211 Main Street Rainsville, AL 35986
3211 Main Street, Rainsville, AL, 35986
$310,000
For Sale
$310,000
COMMERCIAL - Rainsville, AL
Property Size1,600 SF
Lot Size0.43 Acres
Price / SF$193.75
Days on Market50
Property Features for 3211 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.43 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
Listing Agency
South State Realty, LLC
(256) 638-7653
367 Main Street E, AL
Listed by
Tina Hosch · License #60425
(256) 717-5711
Added: May 29 Checked: Jul 16 at 11:06 pm
MLS# 21919372
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Investment Insights
Based on property information with market context.
This commercial property is located within the city limits of Rainsville, Alabama. The property is situated in a high-traffic area and features over 200 feet of frontage on Highway 35, along with approximately 100 feet of frontage on Star Road. The lot size is 0.43 acres. The building has 1,600 square feet of space. The property is suitable for multiple uses.
Key Highlights
- High‑traffic location in Rainsville.
- Over 200 ft of frontage on Highway 35.
- Approximately 100 ft of frontage on Star Road.
Local Financial Insights For Retail
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 | $15.4k | $9.60 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $13.8k | $8.64 |
| − OpEx | −$4.1k | −$2.59 |
| NOI | $9.7k | $6.05 |
1,600 SF · lease $9.60/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$138.2K
$121.0K – $161.3K
NOI $9,677 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$257.8K
$225.5K – $300.7K
NOI $18,043 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wilson Lawn Care ...
Landscaping
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Commercial property in high-traffic area with frontage on Highway 35.
Where is this retail property located?
The property is located at 3211 Main Street Rainsville, AL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: High‑traffic location in Rainsville.; Over 200 ft of frontage on Highway 35.; Approximately 100 ft of frontage on Star Road.
