3 IndependentRainbow City, AL 35906

  • Drive through restaurants
  • 1,233 SF
Off market
$2,311,270 Estimated

Property Details for 3 Independent

Year built
1991
Lot size
0.23 AC
Property size (Sq ft)
1,233 SF
Property type
Drive through restaurants
APN
15-09-29-3-000-029.002
APU
1509293000029002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $301,263
    6.5%
    $278,089
    7%
    $258,226
  • Comparable approach

    Method
    Valuation
    Relative Method
    $208,877
    Geo Method
    $250,129
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $545,499
    Mixed-Use / Specialty
    $275,806
    Hospitality / Lodging
    $200,667
    Office
    $272,821
    Institutional / Educational
    $286,265
    Residential Income
    $334,930
    Multifamily
    $408,860
    Automotive / Energy
    $245,370
    Parking / Income-Based Land
    $85,950.80
    Restaurant / Food Service
    $140,691
    Healthcare / Senior Housing
    $284,159

Location Insight

City
Rainbow City
County
Etowah
State
Alabama
Latitude
33.9574
Longitude
-86.0423
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
$1,670
$7,040
$33,700
$40,740
-
$35,200
$168,500
$203,700

FAQs

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