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Property profile & analytics
OFF-MARKET
Investment properties

3354 Rainbow Dr Rainbow City, AL 35906-6250

7,090 SF 0.56 ac lot Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2217713
Property summary
AI-generated overview

This exceptional 0.7-acre commercial lot, located at 3354 Rainbow Dr in Rainbow City, Alabama, presents a unique opportunity for ground lease or build-to-suit development. Situated in Etowah County, zip code 35906, this single-tenant retail property offers significant potential for entrepreneurs and investors. The lot's size provides ample space for a variety of commercial ventures. The property is zoned for commercial use and is ready for immediate development. Built in 1956, the land offers a blank canvas for a modern, efficient structure tailored to specific business needs. This prime location offers excellent visibility and accessibility, making it an ideal spot for attracting customers. The property's location within Rainbow City ensures convenient access to local amenities and a thriving community. This is a rare chance to establish a presence in a desirable area with high growth potential. Interested parties are encouraged to explore the possibilities this exceptional property offers. The property is available for lease or build-to-suit arrangements. Contact us to discuss your vision and explore the potential of this remarkable site.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1956
Construction CONCRETE BLOCKS
Total area 7,090 SF
Lot 0.56 ac (24,394 SF)
APN 15-09-29-3-000-042.000
UPID US03-2217713
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RELIANCE INVESTORS LLC
RELIANCE INVESTORS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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