Property profile

227 Main St Johnson City, TN 37604

OFF-MARKET
Turn key restaurants
Property ID
US80-1337319
5,850 SF 52 ac lot Built 1916
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1916
Total area 5,850 SF
Lot 52 ac (2,265,120 SF)
APN 046M E 00800
UPID US80-1337319

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
  • Nightclub DJ & Entertainment
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Atm
  • Restaurant
  • Bar & Pub Restaurant

Location

227 Main St Johnson City, TN 37604-5707
Johnson City metro Census 60100 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
4 recorded transactions
2019
$485,000
1992
$30,000
1969
Price N/A
1969
Price N/A

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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