6.4 Acres Highway 77

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6.4 Acres Highway 77

Rainbow City, AL 35906
Asking Price
$1.25M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property consists of 6.4 acres of commercial land.
  • Located directly along Highway 77 in Rainbow City, Alabama.
  • The site is currently offered for sale at $1,250,000.
  • This parcel is designated for commercial development use.
  • Positioned in a growing submarket with active regional traffic.

What's Special

Rainbow City serves as a vital corridor in Etowah County, benefitting from steady regional traffic and access to primary transit routes. This 6.4-acre parcel of commercial land along Highway 77 provides a strategic position for development within this growing Alabama market. The site features significant frontage, making it well-suited for a variety of commercial enterprises seeking visibility and ease of access for customers. Investors and developers may find this property ideal for retail centers, professional office space, or service-oriented businesses that require substantial acreage in a high-traffic area. The flat topography and straightforward access to Highway 77 support efficient construction timelines and versatile site planning options. As Rainbow City continues to experience steady economic activity, this land acquisition offers a clear path toward establishing a presence in an accessible commercial node.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

Location & Travel Times