1110 North Elm Ave, Erwin, TN 37650
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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