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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1110 North Elm Ave, Erwin, TN 37650

    Property ID
    US80-1589842
    Property summary
    AI-generated overview

    Great acreage for potential commercial. Property sits just off North Main on Elm Street. This is a prime location.YOU ARE WELCOME TO WALK THE PROPERTY, BUT DO NOT BOTHER RENTERS IN EITHER HOME OR ASK FOR ENTRANCE TO HOMES. The acreage would probably be suitable to put two additional homes on thes ... e large level lots. There are two homes on the property that are rented. Homes would need some repair. This property could be suitable for apartments, small strip center, larger commercial building, office building, medical building. It is one of the larger lots that is close to downtown. The commercial property next door to this property is being renovated. The Town of Erwin is growing by leaps and bounds with more people coming to the area each and every day. The need for additional faculities continue to grow. There are utilities available to the site. The properties are in two parcels, 1110 and 1120 Elm Street. Call for plat and additional information.

    Property profile
    Verified
    Property type Commercial land
    UPID US80-1589842
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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