3212 Rainbow Drive, Rainbow City, AL 35906
- Added:
- Jun 29, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 2:06 pm
Property Features for 3212 Rainbow Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 7
- Standard status
- Active
- APN
- 1509291000097.000
- Size
- 4,098 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet
- Roof type
- Shingle
Listing agent David Clokey License #16999 (256) 442-1000
Listing office Clokey Realty Inc 3224 Rainbow Drive, AL (256) 442-1000
Listing date Jun 29, 2026
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HighLights
- 4,098 SF medical office building on a high‑traffic corridor with road frontage and signage visibility
- 20 rooms total, including private offices, exam rooms, reception and waiting rooms, file room, break room, and restrooms
- Central air cooling and heat pump heating
- Public water and public sewer
- Onsite parking included
- Roof: shingle; flooring includes carpet and vinyl
Overview
Located at 3212 Rainbow Drive in Rainbow City, Alabama, the building sits along a high-traffic corridor with strong visibility. The offering includes road frontage and signage visibility, which can support wayfinding and first impressions for patients and clients. Onsite parking and convenient access are also part of the property.
For tenants or buyers seeking an operational-style layout, the combination of exam rooms, reception and waiting space, plus office and support rooms, can help reduce the need for extensive interior redesign. With onsite parking, restrooms, and clear signage visibility, the property is positioned to serve medical offices and other professional practices that benefit from a multi-room configuration and convenient public access.
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 | $81.1k | $19.80 |
| − Vacancy | −$8.5k | −$2.08 |
| EGI | $72.6k | $17.72 |
| − OpEx | −$29.0k | −$7.09 |
| NOI | $43.6k | $10.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rainbow City
- County
- Etowah
- State
- Alabama
- Longitude
- -86.031911
- Latitude
- 33.961507
