Technical
Financial
Distress signals
Property profile

3915 Unicoi Dr Unicoi, TN 37692

OFF-MARKET
Retail space
Property ID
US80-1701583
7,662 SF 124 ac lot Built 1973
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 0.23-acre commercial property at 3915 Unicoi Drive, Unicoi, TN 37692, presents a compelling investment opportunity. Currently configured as a retail space with two apartments (one occupied, one vacant but with flooring purchased), this versatile building offers multiple income streams. The main-level retail area boasts high visibility and foot traffic, while the upstairs apartments provide immediate and potential rental income. A substantial basement offers significant storage or the possibility of additional lease income to a tradesperson or similar. The property's layout allows for significant expansion and reconfiguration. The vacant apartment is ready for customization, and the entire building could be renovated to create several more apartments, maximizing rental income. Its location in a growing area with convenient access to major routes ensures strong tenant appeal and customer accessibility. This property is ideal for investors seeking to diversify their portfolio or entrepreneurs looking to establish a thriving business. The asking price is $265,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction WOOD
Total area 7,662 SF
Lot 124 ac (5,401,440 SF)
APN 086012E E 00800
UPID US80-1701583

Cap rate & NOI

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

Location

3915 Unicoi Dr Unicoi, TN 37692-6849
Unicoi metro Census 80300 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2024
2 recorded transactions
2024
$15,000
2019
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3915 Unicoi Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message