Technical
Financial
Distress signals
Property profile

1606 Rainbow Dr Gadsden, AL 35901

OFF-MARKET
Turn key restaurants
Property ID
US03-2401671
11,493 SF 0.94 ac lot Built 1984
Individually Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 11,493 SF
Lot 0.94 ac (40,965 SF)
APN 15-05-22-0-001-001.003
UPID US03-2401671

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1606 Rainbow Dr Gadsden, AL 35901-5324
Gadsden metro Census 1100 GADSDEN, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$470k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $1.0M +24.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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