Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    109 Burrell Farm Rd Erwin, TN 37650-3661

    • Commercial real estate
    • 3,900 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Dec 30, 2021
    $430,000
    Location Intelligence
    Property ID
    US80-2754543
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • USA Raft - Red Banks Campground / Rafting / Tourist Attraction
    • The Smoky Grass Station / Cannabis Store
    • Flow State SUP / Education Center
    • B E & L Mechanical LLC / Mechanical Contractor

    Property Details for 109 Burrell Farm Rd

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.74 lot acres
    Property size
    3,900 SF
    Property type
    Commercial real estate
    APN
    086031 01205
    APU
    8603101205

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $415,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $470,000
      Mixed-Use
      $385,000
      Hospitality
      $390,000
      Educational
      $385,000
      Residential Income
      $480,000
      Energy
      $385,000
      Income-Based Land
      $505,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Erwin
    County
    Unicoi
    State
    Tennessee
    Longitude
    -82.4437
    Latitude
    36.1222
    CBSA code
    27740
    CBSA name
    JOHNSON CITY, TN 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
    0
    $0.00
    $58,360
    $63,920
    $122,280
    -
    $145,900
    $159,800
    $305,700

    Comparable in this City

    • Value Estimation by Request
      1.10 Acres

      1110 Elm Ave

      Commercial real estate • 1.10 Acres
      1110 Elm Ave, Erwin, TN 37650
      View Details
    • Value Estimation by Request
      2.00 Acres

      1300 Buffalo St

      COMMERCIAL (GENERAL) • 2.00 Acres
      1300 Buffalo St, Erwin, TN 37650-4040
      View Details
    • Value Estimation by Request
      0.60 Acres

      102 Harris Holw Rd

      COMMERCIAL (GENERAL) • 0.60 Acres
      102 Harris Holw Rd, Erwin, TN 37650-4165
      View Details
    • Value Estimation by Request
      3,750 SF

      1407 Buffalo St

      COMMERCIAL (GENERAL) • 3,750 SF
      1407 Buffalo St, Erwin, TN 37650-4039
      View Details
    • Value Estimation by Request
      3,600 SF

      112 Jackson Love Cir

      COMMERCIAL (GENERAL) • 3,600 SF
      112 Jackson Love Cir, Erwin, TN 37650
      View Details
    • Value Estimation by Request
      2,800 SF

      2215 Main Ave

      COMMERCIAL (GENERAL) • 2,800 SF
      2215 Main Ave, Erwin, TN 37650-4257
      View Details

    Similar Nearby for Sale

    • $495,000
      18,736 SF

      Downtown Erwin Commercial Gem

      Historic building, versatile spaces, prime location.
      229 Main Ave, Erwin, TN 37650
      View Details
    • $325,000
      1.10 Acres

      Prime Erwin Commercial Land

      1.1 Acres, Two Homes, High Growth Area
      1110 Elm Ave, Erwin, TN 37650
      View Details
    • $105,000
      Pending

      Spivey Mountain Land in Erwin

      17.5-acre property with mountain views, abundant wildlife, and recreational opportunities.
      Spivey Mountain Rd, Erwin, TN 37650
      View Details
    • $85,000
      7.86 Acres

      Wooded Land Parcel Near Erwin

      7.86-acre wooded parcel ideal for mountain retreat.
      Bailey Hollow Rd, Erwin, TN 37650
      View Details
    • $3,950,000
      Pending

      Liberty Estates Apartments in Erwin

      45-unit multifamily property near Johnson City and ETSU.
      80 Jones Rd, Erwin, TN 37650
      View Details
    • Contact for pricing
      0.95 Acres

      Erwin, TN Land Opportunity

      0.95-acre land parcel in Erwin, TN, ready for development.
      Cherokee Cir, Erwin, TN 37650
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      80,561 SF

      Erwin Shopping Center Opportunity

      Prime Erwin retail/office space available
      1238 Main Ave, Erwin, TN 37650
      View Details
    • $6 SF/Yr
      8,450 SF

      Retail Space in Anchored Center

      8,450 SF retail space in Erwin, TN for lease.
      917 N Main Ave, Erwin, TN 37650
      View Details
    • $12 SF/Yr
      900 SF

      Retail Space in Village Center

      Retail space for lease in Erwin, Tennessee.
      1072 N Main Ave, Erwin, TN 37650
      View Details
    • $3,200 /Mo
      4,298 SF

      Erwin Commercial Space For Rent

      Ground floor commercial space in high-traffic area, includes electric.
      201 S Main Ave, Erwin, TN 37650
      View Details
    • $1,800 /Mo
      1,500 SF

      Downtown Erwin Commercial Space Available

      Versatile commercial space in downtown Erwin, suitable for various businesses.
      113 S Main Ave, Erwin, TN 37650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Burrell Farm Rd
    Erwin, TN 37650-3661
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.