Property profile

202 Main Ave Erwin, TN 37650

OFF-MARKET
Turn key restaurants
Property ID
US80-0596426
1,612 SF 132 ac lot Built 1995
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction CONCRETE
Total area 1,612 SF
Lot 132 ac (5,749,920 SF)
Zoning code B-2
APN 086023N B 00100
UPID US80-0596426

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 Main Ave Erwin, TN 37650-1234
Erwin metro Census 80400 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2020
Last sale
$195,000
7 recorded transactions
2022
Price N/A
2021
Price N/A
2020
$195,000
2019
$48,000
2013
Price N/A
2011
Price N/A
2011
$37,500

Zoning & alternative use

B-2 · 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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