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    Property profile & analytics

    1502 N Main Ave Erwin, TN 37650

    • Drive through restaurants
    • 2,686 SF
    • 1.29 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-1662337
    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

    • Clarence's Drive In / Restaurant

    Property Details for 1502 N Main Ave

    Year built
    1996
    Construction
    CONCRETE
    Lot size
    1.29 lot acres
    Property size
    2,686 SF
    Property type
    Drive through restaurants
    APN
    086024 00611
    APU
    8602400611

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erwin
    County
    Unicoi
    State
    Tennessee
    Longitude
    -82.3936
    Latitude
    36.1608
    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
    $115,040
    $57,680
    $172,720
    -
    $287,600
    $144,200
    $431,800

    Comparable in this City

    • Value Estimation
      $580,000
      4,494 SF

      1213 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,494 SF
      1213 Main Ave, Erwin, TN 37650-9112
      View Details
    • Value Estimation by Request
      720 SF

      1105 Jackson Love Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 720 SF
      1105 Jackson Love Hwy, Erwin, TN 37650-2057
      View Details
    • Value Estimation
      $285,000
      2,338 SF

      506 Jonesborough Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,338 SF
      506 Jonesborough Rd, Erwin, TN 37650-4018
      View Details
    • Value Estimation
      $240,000
      1,160 SF

      522 Jonesborough Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,160 SF
      522 Jonesborough Rd, Erwin, TN 37650-4018
      View Details
    • Value Estimation by Request
      4,091 SF

      508 Jonesborough Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,091 SF
      508 Jonesborough Rd, Erwin, TN 37650-4018
      View Details
    • Value Estimation by Request
      4,872 SF

      529 Jonesborough Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,872 SF
      529 Jonesborough Rd, Erwin, TN 37650-4019
      View Details

    Similar Nearby for Sale

    • $1,100,000
      2,686 SF

      Restaurant Property with Drive-Through Potential

      Commercial property with restaurant, drive-through, and outdoor seating.
      1502 N Main Ave, Erwin, TN 37650
      View Details
    • $365,000

      Historic Building in Downtown Erwin

      Historic brick building with commercial and residential potential.
      205 Union St, Erwin, TN 37650
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    • $110,000
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      Versatile Garage Space in Erwin

      Commercial opportunity in Erwin, ideal for automotive or storage.
      707 Watauga Ave, Erwin, TN 37650
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    • $99,900
      2.43 Acres

      Erwin, TN Wooded Land

      2.43 acres of wooded land with development potential in Erwin.
      Tennessee Rd, Erwin, TN 37650
      View Details
    • $149,900
      29.95 Acres

      Erwin, TN Wooded Mountain Parcel

      30-acre wooded parcel with mountain views bordering Cherokee National Forest.
      Blaine White Rd, Erwin, TN 37650
      View Details
    • $66,000
      5.94 Acres

      Land with Fantastic View

      Almost 6 acres of wooded land near Erwin, Tennessee.
      Old Highway Rd, 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
    • $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
    • $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

    Property Visit Statistics

    • Visits by month
      11.0k
    • Visitors by month
      6.1k
    • Avg Time on site
      13 min
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    1502 N Main Ave
    Erwin, TN 37650
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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
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