Property profile

202 Elm Ave Erwin, TN 37650

OFF-MARKET
Turn key restaurants
Property ID
US80-0702838
7,626 SF 173 ac lot Built 1967
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Total area 7,626 SF
Lot 173 ac (7,535,880 SF)
Zoning code B-4
APN 086023N L 01900
UPID US80-0702838

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

202 Elm Ave Erwin, TN 37650-1170
Erwin metro Census 80400 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$699k
Blend (final) Blend
$430k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2016
Price N/A
2014
$150,000
2012
$160,000
2003
$150,000
1989
$125,000

Zoning & alternative use

B-4 · Erwin, TN
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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