1729 RainbowGadsden, AL 35901

Off market
$7,143,800 Estimated
  • Turn key restaurants
  • 2,814 SF

Property Details for 1729 Rainbow

Year built
1974
Lot size
0.71 AC
Property size (Sq ft)
2,814 SF
Property type
Turn key restaurants
APN
15-05-22-0-001-007.000
APU
1505220001007000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $874,905
    6.5%
    $807,604
    7%
    $749,918
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,155,098
    Geo Method
    $1,383,225
  • Alternative Use

    Use
    Valuation
    Residential
    $681,244
    Hospitality
    $624,016
    Educational
    $519,174
    Medical
    $537,029
    Retail
    $807,604
1729 Rainbow, Gadsden, Alabama

Location Insight

City
Gadsden
County
Etowah
State
Alabama
Latitude
33.9804
Longitude
-86.0079
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
$5,521
$62,120
$50,560
$112,680
-
$310,600
$252,800
$563,400

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