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    707 E Elk Ave Elizabethton, TN 37643

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    For Sale
    $615,000

    Mixed-use property with commercial and residential tenants in downtown.

    Property size:
    6,840 SF
    Lot size:
    0.09 Acres

    Property Features for 707 E Elk Ave

    General Information

    Size
    6,840 SF
    Lot size
    0.09 Acres

    Source: Mitch Cox Realtor, Inc. Agent Shannon K. Castillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Elizabethton Mixed-Use Investment

    A mixed-use investment property is available for sale in Downtown Elizabethton. The building features 4 commercial tenants on the first floor and 2 residential tenants on the second floor. The property has a size of 6840 square feet. A small parking lot behind the building is also included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cuttin Loose Beauty Salon 10X Prosperity, LLC Educational Consultant Hair by Danielle Hair Salon Stillwater Financial, LLC Financial Consultant Tennessee Bonding Company ... Bail Bonds Service

    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
    Elizabethton
    County
    Carter
    State
    Tennessee
    Longitude
    -82.211689
    Latitude
    36.348518

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential tenants in downtown.
    Where is this mixed-use property located?
    The property is located at 707 E Elk Ave Elizabethton, TN.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - Mixed-use investment property; - Located in Downtown Elizabethton; - Four commercial tenants on the first floor
    (423) 943-0530
    Request Owner's contact information
    707 E Elk Ave Elizabethton, TN 37643
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    Elizabethton, TN 37643
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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
    707 E Elk Ave Elizabethton, TN 37643
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