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Property profile

218 Gay St Erwin, TN 37650

OFF-MARKET
Other office properties
Property ID
US80-0820860
4,419 SF 53 ac lot Built 1920
Last sale May 2026 · $350,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located in Erwin, Tennessee in Unicoi County, situated just off Main Street. The site is positioned in the downtown area near local retail and dining establishments and is in an area characterized by historic downtown development within the Appalachian Mountains region. The property encompasses 5,893 square feet and is zoned for commercial use, with configuration and use potential suitable for retail, office, professional services, or creative businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$120k
Assessed land$15k
Assessed improvement$105k

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$345k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$20 – $123
Qualifying comparables27

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
General categoryCOMMERCIAL
JurisdictionUNICOI

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Hair Salon12.4
Building Supply11.8

Location

218 Gay St Erwin, TN 37650-1230
County assessor Recorded deeds · 1 transfer 27 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1005 Jackson Love, Erwin, TN 37650-2056 $240,000 Mar 2023 3,047 SF
1104 Main, Erwin, TN 37650-1508 $260,000 Aug 2022 1,944 SF
1070 Main, Erwin, TN 37650-1506 $55,000 Jul 2022 3,330 SF
1001 Main, Erwin, TN 37650-1576 $250,000 Jul 2022 5,672 SF
901 Mohawk, Erwin, TN 37650-2181 $149,000 Jul 2021 1,782 SF
627 Main, Erwin, TN 37650-1319 $170,000 May 2019 2,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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