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    Property profile & analytics

    Rainsville, AL 35986

    • Apartment buildings
    • 3,600 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 04, 2021
    Location Intelligence
    Property ID
    US03-2528859
    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

    • Apartment buildings

    Property Details

    Year built
    2007
    Lot size
    1.60 lot acres
    Property size
    3,600 SF
    Property type
    Apartment buildings
    APN
    16-02-10-0-001-010.001
    APU
    1602100001010001

    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
    -85.8919
    Latitude
    34.5297
    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
    $1,590
    $0.00
    $0.00
    $39,260
    -
    $11,840
    $184,500
    $196,340

    Comparable in this City

    • Value Estimation by Request
      3,328 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 3,328 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      3,300 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 3,300 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      3,194 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 3,194 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      1,200 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 1,200 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation by Request
      3,358 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 3,358 SF
      Rainsville, AL 35986
      View Details
    • Value Estimation
      $965,000
      5,824 SF

      Rainsville, AL 35986

      APARTMENT HOUSE (5+ UNITS) • 5,824 SF
      Rainsville, AL 35986
      View Details

    Similar Nearby for Sale

    • $200,000
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      Rainsville Commercial/Agricultural Land For Sale

      3.2+/- acres of commercial/agricultural land in Rainsville, Alabama.
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    • $40,000

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    • Contact for pricing
      0.92 Acres

      Rainsville, AL 0.92-Acre Lot

      0.92-acre lot in Rainsville, AL, ready for your dream home.
      0.92 Acre Lot George Wallace Dr E, Rainsville, AL 35986
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    • $780,000
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      Rainsville Acreage with Highway Frontage

      52 acres in Rainsville with highway and road frontage.
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    • $330,000
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      Rainsville Commercial Building with Bank

      Three-suite commercial building in the heart of Rainsville, Alabama.
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    Similar Nearby for Lease

    • $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
    • $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
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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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