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    Property profile & analytics

    4010 Rainbow Dr Rainbow City, AL 35906-3021

    • Investment properties
    • 9,240 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $1,570,000
    Last Sale
    Mar 06, 2020
    $1,680,000
    Location Intelligence
    Property ID
    US03-2799712
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 4010 Rainbow Dr

    Year built
    2019
    Construction
    CONCRETE BLOCKS
    Lot size
    1.52 lot acres
    Property size
    9,240 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-09-31-2-000-139.000
    APU
    1509312000139000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,625,000
      7%
      $1,725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,630,000
      Geo Method
      $1,775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,605,000
      Retail
      $1,950,000
      Mixed-Use
      $1,895,000
      Hospitality
      $1,845,000
      Educational
      $1,960,000
      Residential Income
      $1,530,000
      Energy
      $1,960,000
      Income-Based Land
      $1,590,000
      Food Service
      $1,920,000

    Location Insight

    • Map
    • Local Demand
    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0527
    Latitude
    33.9481
    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
    $8,779
    $16,740
    $197,380
    $214,120
    -
    $83,700
    $986,900
    $1,070,600

    Comparable in this City

    • Value Estimation
      $370,000
      3,160 SF

      3802 Rainbow Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,160 SF
      3802 Rainbow Dr, Rainbow City, AL 35906-3018
      View Details
    • Value Estimation
      $380,000
      6,060 SF

      3224 Rainbow Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 6,060 SF
      3224 Rainbow Dr, Gadsden, AL 35906-6202
      View Details
    • Value Estimation by Request
      6,810 SF

      3333 Rainbow Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 6,810 SF
      3333 Rainbow Dr, Rainbow City, AL 35906-6201
      View Details
    • Value Estimation by Request
      1,703 SF

      3345 Rainbow Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,703 SF
      3345 Rainbow Dr, Rainbow City, AL 35906-6201
      View Details
    • Value Estimation
      $410,000
      4,800 SF

      110 Mmc Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      110 Mmc Pkwy, Rainbow City, AL 35906-5852
      View Details
    • Value Estimation
      $385,000
      5,419 SF

      3426 Rainbow Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 5,419 SF
      3426 Rainbow Pkwy, Rainbow City, AL 35906-3204
      View Details

    Similar Nearby for Sale

    • $239,900
      1.00 Acre

      Rainbow City Commercial Lot

      Commercial lot with high visibility near established businesses.
      1 Acre +/- Hwy, Rainbow City, AL 35906
      View Details
    • $49,900
      0.40 Acres

      Land For Sale, Rainbow City

      Land available in Rainbow City, Alabama.
      209 Vera Ln, Rainbow City, AL 35906
      View Details
    • $49,900
      0.40 Acres

      Land For Sale, Rainbow City

      Land available in Rainbow City, Alabama.
      206 Vera Ln, Rainbow City, AL 35906
      View Details
    • $49,900
      0.40 Acres

      Land Lot in Rainbow City

      Residential land lot available in Rainbow City, Alabama.
      208 Vera Ln, Rainbow City, AL 35906
      View Details
    • $95,500
      0.75 Acres

      Rainbow City Commercial/Residential Lot

      Corner lot with road frontage, zoned for commercial/residential use.
      4012 Hwy, Rainbow City, AL 35906
      View Details
    • $259,900
      3.20 Acres

      Rainbow City Commercial Land Available

      3.2 acres of commercial land with high visibility.
      521 Grand Ave, Rainbow City, AL 35906
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      59,584 SF

      Rainbow Crossing Retail Spaces

      Etowah County retail spaces available.
      115 Grand Ave, Rainbow City, AL 35906
      View Details
    • Contact for pricing
      43,560 SF

      Rainbow City Retail Opportunity

      Prime 0.7-acre lot, build-to-suit.
      3354 Rainbow Dr, Rainbow City, AL 35906
      View Details
    • $8 SF/Yr
      219,473 SF

      Rainbow Plaza Retail Center

      Alabama Retail Space: High Visibility, Ample Parking
      3225 Rainbow Dr, Rainbow City, AL 35906
      View Details
    • Contact for pricing

      Rainbow City Retail Space Available

      Retail space for lease in Rainbow City, Alabama.
      3331 Rainbow Dr, Rainbow City, AL 35906
      View Details
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    4010 Rainbow Dr
    Rainbow City, AL 35906-3021
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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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