1601 Jackson Love Hwy, Unit 1609 Erwin, TN 37650-9231
- Commercial real estate
- 11,947 SF
- 452.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1601 Jackson Love Hwy
- Year built
- 1970
- Construction
- WOOD
- Lot size
- 452.00 lot acres
- Property size
- 11,947 SF
- Property type
- Commercial real estate
- APN
- 086031J Q 00101
- APU
- 086031JQ00101
Description
This established Erwin shopping center, located at 1601 Jackson Love Hwy, offers three available commercial spaces ranging from 506 to 2,300 square feet. The property, built in 1970 and renovated in 1973, sits on a 2.03-acre lot and features a single, one-story building totaling 16,718 square feet. Currently, 4,094 square feet are vacant, offering immediate occupancy opportunities. The center boasts ample parking and high visibility from Jackson Love Hwy, ensuring convenient access for both customers and employees. Three suites are available for lease: Suite A (506 sq ft), formerly a tax office
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $330,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $300,000
- Mixed-Use
- $315,000
- Hospitality
- $285,000
- Educational
- $295,000
- Residential Income
- $345,000
- Energy
- $265,000
- Income-Based Land
- $260,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Erwin
- County
- Unicoi
- State
- Tennessee
- Longitude
- -82.4297
- Latitude
- 36.1264
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA