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Property profile & analytics
OFF-MARKET
Retail space
410 Main Ave Erwin, TN 37650-1208
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-0147685
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
5,208 SF
Lot
57 ac (2,482,920 SF)
Zoning code
B-2
APN
086023K K 00201
UPID
US80-0147685
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Happy Hour Tri City Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ringway INC · 7 yrs held
Ringway INC
since 2018
5 recorded transactions
Zoning & alternative use
B-2 · Erwin, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erwin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erwin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$56,440
Assessed 2023
Previous assessed
$56,440
+0.0% YoY
Assessed land
$11,480
Assessed improvement
$44,960
Land market value
$28,700
Improvement market value
$112,400
Total market value
$141,100
Applied tax rate
86.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
3
Total area
5,208 SF
Lot
57 ac (2,482,920 SF)
Zoning code
B-2
APN
086023K K 00201
UPID
US80-0147685
Jurisdiction
UNICOI
Zoning & alternative use
B-2 · Erwin, TN
Zoning B-2 · permitted uses
B-2 · Erwin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erwin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
3
Lot
57 ac
Current owner
From public records · entity-resolved
Ringway INC
Entity
Mailing address
410 N MAIN AVE, ERWIN, TN 37650-1208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2018
$300,000
Ringway INC
Hampton,robert A & Janice C
Warranty Deed
$255,000 · Bank Of Tennessee
Jan 21, 2016
$125,000
Robert Allen Hampton
Charles Broyles
Warranty Deed
$93,750 · Renasant Bank
Sep 27, 2004
$68,000
Bernard Tyree
Volunteer Oil Co INC
Warranty Deed
$65,000 · Erwin National Bank
Sep 18, 2002
$69,900
Charles Broyles
Moss,frank JR Etal
Grant Deed
—
Aug 23, 1999
$45,810
Jack Griffith
Moss,william
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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