Current Use by Public Records
- Retail properties & Spaces
Property Details for 905 Grand Ave
- Lot size
- 4.10 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 4.1-acre commercial land parcel presents a prime opportunity for retail development in Rainbow City, Alabama. Located on West Grand Avenue (Hwy 77), a four-lane highway, this property boasts a daily traffic count of 22,000 vehicles. Its strategic location offers easy access to Interstate 59 (2 miles) and Highway 411 (2 miles), ensuring high visibility and accessibility for potential businesses. The site is also conveniently situated near major retailers, including Walmart (3 miles) and Publix (2 miles), further enhancing its appeal. The surrounding area demonstrates strong growth potential, with a population of 14,000 within a 3-mile radius and 46,000 within a 5-mile radius, boasting an average household income of $63,000. Adding to the property's desirability, a new residential development of 35 patio homes is under construction on an adjacent lot, and significant employment is nearby, with the Rainbow Industrial Park and its over 1500 employees located just half a block away. Educational institutions, including Westbrook Christian Academy (600 students) and the new Gadsden City High School (1500 students), are also within close proximity. The property is zoned HC Highway Commercial, making it suitable for a variety of uses, including car washes, oil change facilities, fast-food restaurants, and retail strip centers. The asking price for this exceptional development opportunity is $550,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rainbow City
- County
- Etowah
- State
- Alabama
- Longitude
- -86.0587
- Latitude
- 33.9752
