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    Property profile & analytics

    648 Main W St Rainsville, AL 35986-5954

    • Turn key restaurants
    • 2,624 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 07, 2022
    Location Intelligence
    Property ID
    US03-2631697
    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

    • Toki sushi steak house / Japanese Restaurant / Restaurant

    Property Details for 648 Main W St

    Year built
    1978
    Lot size
    1.15 lot acres
    Property size
    2,624 SF
    Property type
    Turn key restaurants
    APN
    16-06-24-0-001-029.056
    APU
    1606240001029056

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rainsville
    County
    Dekalb
    State
    Alabama
    Longitude
    -85.8558
    Latitude
    34.5005
    CBSA code
    22840
    CBSA name
    FORT PAYNE, AL MICROPOLITAN 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
    $1,792
    $0.00
    $0.00
    $3,580
    -
    $17,720
    $200
    $17,920

    Comparable in this City

    • Value Estimation by Request
      3,958 SF

      Rainsville, AL 35986

      RESTAURANT • 3,958 SF
      Rainsville, AL 35986
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    • Value Estimation by Request

      Rainsville, AL 35986

      RESTAURANT
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      4.00 Acres

      Rainsville, AL 35986

      RESTAURANT • 4.00 Acres
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      4,144 SF

      Rainsville, AL 35986

      RESTAURANT • 4,144 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      3,000 SF

      Rainsville, AL 35986

      RESTAURANT • 3,000 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      3,035 SF

      Rainsville, AL 35986

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,035 SF
      Rainsville, AL 35986
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Rainsville Office Space For Lease

      Downtown Rainsville Office Suites - High Visibility!
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    • New
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      Commercial Lot on Highway 35

      Cleared 0.75-acre commercial lot in Rainsville, Alabama.
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    • $40,000

      Rainsville Acreage for Custom Home

      1.51 acre corner lot in established Rainsville neighborhood.
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    • New
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      Rainsville Office Building For Sale

      Inviting 1200 sq ft office building in Rainsville, AL.
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    Similar Nearby for Lease

    • $3,000 /Mo

      Rainsville Office/Retail Space For Lease

      Prime downtown Rainsville location suitable for office or retail.
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    • $6,000 /Mo

      Prime Commercial Land on Highway

      4.12 acres of commercial land for lease in Rainsville, AL.
      35 4.12 Acres Al Hwy, Rainsville, AL 35986
      View Details
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    648 Main W St
    Rainsville, AL 35986-5954
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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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