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    3225 Rainbow Dr Rainbow City, AL 35906
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    Property profile & analytics

    3225 Rainbow Dr Rainbow City, AL 35906


    • Investment properties
    • 104,835 SF
    • 15.90 lot acres
    Rainbow City Commercial Property For Lease
    $1,140,000

    Rainbow City Commercial Property

    Newly renovated commercial space suitable for retail, office, or medical.

    3225 Rainbow Dr, Rainbow City, AL 35906
    View Listing
    Property ID
    US03-2217711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,140,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3225 Rainbow Dr

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    15.90 lot acres
    Property size
    104,835 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-09-29-2-000-007.002
    APU
    1509292000007002

    Description

    Rainbow Plaza, located at 3225 Rainbow Dr, Rainbow City, AL 35906, presents a significant retail investment opportunity. This newly renovated, multi-tenant retail strip center boasts a total of 219,473 square feet, situated on a generous 28.5 acres of land. The property offers exceptional visibility and convenient access, ensuring high traffic flow for businesses. With 500 parking spaces available, customer and employee convenience is maximized. Currently, there are 87,672 square feet of vacant space available, divisible into units as small as 1,200 square feet, and ranging up to 28,070 square feet, providing flexibility for a variety of retail tenants. The property's versatile layout is suitable for a range of uses, including retail, office, or medical spaces. Its prime location in Rainbow City, Alabama, offers businesses the chance to establish a strong presence in a thriving community. The property's strategic positioning ensures high traffic and easy access for customers and employees. This is an exceptional opportunity to secure a prominent location in a high-traffic area with ample parking and customizable space. The property's recent renovations ensure a modern and attractive environment for tenants and customers alike. This is a rare opportunity to acquire a substantial retail space in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $745,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,541,000
      Market price range: $1.54M - $6.93M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0357
    Latitude
    33.9627
    CBSA code
    23460
    CBSA name
    GADSDEN, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,664
    $47,700
    $383,120
    $430,820
    -
    $238,500
    $1,915,600
    $2,154,100
    View Listing
    More about this property
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