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    Property profile & analytics

    Rainsville, AL 35986

    • Grocery and convenience stores
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 10, 2023
    $20,000
    Location Intelligence
    Property ID
    US03-2126498
    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

    • Grocery and convenience stores

    Property Details

    Lot size
    5.00 lot acres
    Property type
    Grocery and convenience stores
    APN
    16-06-24-0-001-031.000
    APU
    1606240001031000

    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
    -85.853
    Latitude
    34.5042
    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
    $230
    $0.00
    $0.00
    $5,680
    -
    $28,400
    $0.00
    $28,400

    Comparable in this City

    • Value Estimation by Request
      1,247 SF

      Rainsville, AL 35986

      CONVENIENCE STORE • 1,247 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      24,308 SF

      318 Mccurdy N Ave

      GROCERY, SUPERMARKET • 24,308 SF
      318 Mccurdy N Ave, Rainsville, AL 35986-4460
      View Details
    • Value Estimation
      $140,000
      2,400 SF

      337 Mccurdy S Ave

      CONVENIENCE STORE • 2,400 SF
      337 Mccurdy S Ave, Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      2,542 SF

      Rainsville, AL 35986

      CONVENIENCE STORE • 2,542 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      15,000 SF

      Rainsville, AL 35986

      GROCERY, SUPERMARKET • 15,000 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      1,170 SF

      Rainsville, AL 35986

      CONVENIENCE STORE • 1,170 SF
      Rainsville, AL 35986
      View Details

    Similar Nearby for Sale

    • $330,000
      0.18 Acres

      Rainsville Commercial Building with Bank

      Three-suite commercial building in the heart of Rainsville, Alabama.
      Rainsville, AL 35986
      View Details
    • $200,000
      3.20 Acres

      Rainsville Commercial/Agricultural Land For Sale

      3.2+/- acres of commercial/agricultural land in Rainsville, Alabama.
      Marshall Rd, Rainsville, AL 35986
      View Details
    • Contact for pricing
      3,040 SF

      Rainsville Office Space For Lease

      Downtown Rainsville Office Suites - High Visibility!
      229 Main St, Rainsville, AL 35986
      View Details
    • New
      $225,000
      0.75 Acres

      Commercial Lot on Highway 35

      Cleared 0.75-acre commercial lot in Rainsville, Alabama.
      859 Main St West, Rainsville, AL 35986
      View Details
    • $40,000

      Rainsville Acreage for Custom Home

      1.51 acre corner lot in established Rainsville neighborhood.
      22 Honeysuckle Dr, Rainsville, AL 35986
      View Details
    • New
      $250,000

      Rainsville Office Building For Sale

      Inviting 1200 sq ft office building in Rainsville, AL.
      395 Mccurdy Ave S, Rainsville, AL 35986
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo

      Rainsville Office/Retail Space For Lease

      Prime downtown Rainsville location suitable for office or retail.
      229 Main St W, Rainsville, AL 35986
      View Details
    • $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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    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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