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    830 Tennessee Ave Etowah, TN 37331

    For Sale
    $320,000

    High-yield potential, four apartments, two ground-floor spaces.

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property at 830 Tennessee Avenue, Etowah, Tennessee, presents a compelling investment opportunity. The building encompasses 4,800 square feet and sits on a 0.11-acre lot. Currently generating income from four upstairs apartments, this property offers significant upside potential. Two vacant ground-floor commercial spaces provide a blank canvas for a variety of business ventures, allowing for customization to suit individual needs. The existing rental income from the apartments provides a stable foundation for immediate returns, while the commercial spaces offer the chance to expand revenue streams. The property's size and layout offer flexibility for future development, potentially including the addition of more residential units to further increase income generation. This is an ideal opportunity for investors seeking a property with proven income and substantial growth potential in a desirable location. The property is priced at $320,000 and presents a rare chance to acquire a versatile and profitable asset in the thriving Etowah market. Serious inquiries are encouraged.

    Property Features for 830 Tennessee Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,800 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Etowah
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.5262
    Latitude
    35.32252

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield potential, four apartments, two ground-floor spaces.
    Where is this mixed-use property located?
    The property is located at 830 Tennessee Ave Etowah, TN.
    What is the asking price?
    The asking price for this property is $320,000.
    (423) 744-3515
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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
    830 Tennessee Ave Etowah, TN 37331
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