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    Property profile & analytics

    3507 Main St Erin, TN 37061

    • Retail space
    • 4,400 SF
    • 0.45 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Last Sale
    Mar 13, 2025
    $600,000
    Location Intelligence
    Property ID
    US80-1214758
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sophia Ice Cream Shop / Ice Cream Shop
    • Houston County Community Hospital Rehab Center / Hospital
    • The Ranch Bar and Grill And Sophia Ice Cream Shop / Restaurant

    Property Details for 3507 Main St

    Year built
    1971
    Lot size
    0.45 lot acres
    Property size
    4,400 SF
    Zone code
    8
    Property type
    Retail space
    APN
    042019M G 00901
    APU
    042019MG00901

    Description

    This exceptional mixed-use property at 3507 W Main St, Erin, TN, presents a rare opportunity to acquire a thriving, fully operational restaurant and ice cream shop. The 4,000 square foot building sits on a 0.43-acre lot and is offered at $650,000. Recent extensive renovations have resulted in a pristine, modern space ready for immediate operation. Upgrades include a brand-new HVAC system, updated ductwork, a tankless water heater, a new kitchen hood, and all top-of-the-line kitchen equipment, all included in the sale. The current owner's significant investment ensures the property is in excellent condition. The business remains open during the sale, allowing for a seamless transition and immediate revenue generation. This turnkey operation is ideal for experienced restaurateurs or those seeking entry into the industry, offering the chance to build upon an established customer base and successful business model in a desirable location. The sale includes all existing kitchen equipment. Don't miss this chance to own a well-established business with significant upside potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $670,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $575,000
      Mixed-Use
      $520,000
      Hospitality
      $685,000
      Educational
      $630,000
      Residential Income
      $545,000
      Energy
      $540,000
      Income-Based Land
      $510,000
      Food Service
      $685,000

    Location Insight

    • Map
    • Local Demand
    City
    Erin
    County
    Houston
    State
    Tennessee
    Longitude
    -87.7151
    Latitude
    36.3165

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $16,080
    $63,560
    $79,640
    -
    $40,200
    $158,900
    $199,100

    Comparable in this City

    • Value Estimation by Request
      3,324 SF

      15 Boone St

      RETAIL STORES (PERSONAL SERVICES) • 3,324 SF
      15 Boone St, Erin, TN 37061-4204
      View Details
    • Value Estimation by Request
      2,790 SF

      Ct Sq

      RETAIL STORES (PERSONAL SERVICES) • 2,790 SF
      Ct Sq, Erin, TN 37061
      View Details
    • Value Estimation by Request
      6,270 SF

      8 Ct Sq

      RETAIL STORES (PERSONAL SERVICES) • 6,270 SF
      8 Ct Sq, Erin, TN 37061-4166
      View Details
    • Value Estimation by Request
      1,029 SF

      8743 Hwy 49

      RETAIL STORES (PERSONAL SERVICES) • 1,029 SF
      8743 Hwy 49, Erin, TN 37061-4914
      View Details
    • Value Estimation by Request
      5,832 SF

      17 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 5,832 SF
      17 Frnt St, Erin, TN 37061
      View Details
    • Value Estimation by Request
      9,236 SF

      40 Ct Sq, Unit 48

      RETAIL STORES (PERSONAL SERVICES) • 9,236 SF
      40 Ct Sq, Erin, TN 37061-4179
      View Details

    Similar Nearby for Sale

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      Erin, TN Mixed-Use Restaurant

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    • Contact for pricing
      0.68 Acres

      Eagle Rest Subdivision Vacant Lot

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    3507 Main St
    Erin, TN 37061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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