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    266 Industrial Dr Rainsville, AL 35986

    • Office Properties & Spaces
    • 17,000 SF
    • 3.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • ABC Plus / Medical Supply Store
    • Hospice of Alabama / Hospice

    Property Details for 266 Industrial Dr

    Year built
    1992
    Lot size
    3.50 lot acres
    Property size
    17,000 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Industrial properties

    Description

    This exceptional investment opportunity presents a 17,000 square foot flex space building situated on a 3.5-acre lot in the Rainsville Industrial Park at 266 Industrial Dr, Rainsville, AL 35986. Built in 1992, the property boasts 455 feet of prime road frontage, offering high visibility and ample parking. Currently, 6,000 square feet (37.5%) is leased under a triple net (NNN) lease to a single tenant with a remaining lease term of approximately 3.9 years, expiring November 1, 2028. The lease commenced July 24, 2023, and has a total term of 5.3 years. The asking price is $700,000, translating to $41.18 per square foot. The property's versatile design makes it suitable for a variety of industrial or office uses. The building includes one loading dock. This property offers immediate income potential and is located in a growing area, making it an attractive investment prospect. The property is zoned for industrial and office use.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rainsville
    County
    DeKalb
    State
    Alabama
    Longitude
    -85.8254
    Latitude
    34.4895

    Comparable in this City

    • Value Estimation by Request
      3,040 SF

      229 Main St

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      500 SF

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      2,075 SF

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      OFFICE (GENERAL) • 2,075 SF
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      1,691 SF

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      OFFICE (GENERAL) • 1,691 SF
      Rainsville, AL 35986
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    • Value Estimation by Request
      1,365 SF

      203 Main E St

      OFFICE (GENERAL) • 1,365 SF
      203 Main E St, Rainsville, AL 35986-4544
      View Details
    • Value Estimation by Request
      1.34 Acres

      Rainsville, AL 35986

      OFFICE (GENERAL) • 1.34 Acres
      Rainsville, AL 35986
      View Details

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    Similar Nearby for Lease

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    Rainsville, AL 35986
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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