Technical
Financial
Distress signals
Property profile

524 Grand Ave Rainbow City, AL 35906

OFF-MARKET
Medical Office Space
Property ID
US03-2388580
9,097 SF 1.24 ac lot Built 2017
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Construction CONCRETE BLOCKS
Total area 9,097 SF
Lot 1.24 ac (54,008 SF)
APN 15-04-19-0-001-082.002
UPID US03-2388580

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
  • Medical Clinic
  • Physician
  • Physician
  • Physician
  • Physician

Location

524 Grand Ave Rainbow City, AL 35906-6004
Rainbow City metro Census 10402 GADSDEN, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$315k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +68.7%
Restaurant $735,000 +14.7%

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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