Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    508 Jonesborough Rd Erwin, TN 37650-4018

    • Drive through restaurants
    • 4,091 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-2784599
    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

    • Bojangles / Family Restaurant / Fast Food Restaurant

    Property Details for 508 Jonesborough Rd

    Year built
    2015
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.09 lot acres
    Property size
    4,091 SF
    Property type
    Drive through restaurants
    APN
    086023K A 00205
    APU
    086023KA00205

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erwin
    County
    Unicoi
    State
    Tennessee
    Longitude
    -82.4172
    Latitude
    36.1494
    CBSA code
    27740
    CBSA name
    JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

    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
    $159,480
    $289,800
    $449,280
    -
    $398,700
    $724,500
    $1,123,200

    Comparable in this City

    • Value Estimation
      $580,000
      4,494 SF

      1213 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,494 SF
      1213 Main Ave, Erwin, TN 37650-9112
      View Details
    • Value Estimation
      $235,000
      2,686 SF

      1502 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,686 SF
      1502 Main Ave, Erwin, TN 37650-8929
      View Details
    • Value Estimation by Request
      4,872 SF

      529 Jonesborough Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,872 SF
      529 Jonesborough Rd, Erwin, TN 37650-4019
      View Details
    • Value Estimation
      $230,000
      1,440 SF

      1211 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,440 SF
      1211 Main Ave, Erwin, TN 37650-9112
      View Details
    • Value Estimation
      $430,000
      3,609 SF

      1237 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,609 SF
      1237 Main Ave, Erwin, TN 37650-9167
      View Details
    • Value Estimation by Request
      720 SF

      1105 Jackson Love Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 720 SF
      1105 Jackson Love Hwy, Erwin, TN 37650-2057
      View Details

    Similar Nearby for Sale

    • $1,100,000
      2,686 SF

      Restaurant Property with Drive-Through Potential

      Commercial property with restaurant, drive-through, and outdoor seating.
      1502 N Main Ave, Erwin, TN 37650
      View Details
    • $365,000

      Historic Building in Downtown Erwin

      Historic brick building with commercial and residential potential.
      205 Union St, Erwin, TN 37650
      View Details
    • $110,000
      2,200 SF

      Versatile Garage Space in Erwin

      Commercial opportunity in Erwin, ideal for automotive or storage.
      707 Watauga Ave, Erwin, TN 37650
      View Details
    • $99,900
      2.43 Acres

      Erwin, TN Wooded Land

      2.43 acres of wooded land with development potential in Erwin.
      Tennessee Rd, Erwin, TN 37650
      View Details
    • $149,900
      29.95 Acres

      Erwin, TN Wooded Mountain Parcel

      30-acre wooded parcel with mountain views bordering Cherokee National Forest.
      Blaine White Rd, Erwin, TN 37650
      View Details
    • $66,000
      5.94 Acres

      Land with Fantastic View

      Almost 6 acres of wooded land near Erwin, Tennessee.
      Old Highway Rd, Erwin, TN 37650
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      80,561 SF

      Erwin Shopping Center Opportunity

      Prime Erwin retail/office space available
      1238 Main Ave, Erwin, TN 37650
      View Details
    • $6 SF/Yr
      8,450 SF

      Retail Space in Anchored Center

      8,450 SF retail space in Erwin, TN for lease.
      917 N Main Ave, Erwin, TN 37650
      View Details
    • $12 SF/Yr
      900 SF

      Retail Space in Village Center

      Retail space for lease in Erwin, Tennessee.
      1072 N Main Ave, Erwin, TN 37650
      View Details
    • $1,800 /Mo
      1,500 SF

      Downtown Erwin Commercial Space Available

      Versatile commercial space in downtown Erwin, suitable for various businesses.
      113 S Main Ave, Erwin, TN 37650
      View Details
    • $3,200 /Mo
      4,298 SF

      Erwin Commercial Space For Rent

      Ground floor commercial space in high-traffic area, includes electric.
      201 S Main Ave, Erwin, TN 37650
      View Details

    Property Visit Statistics

    • Visits by month
      17.9k
    • Visitors by month
      11.9k
    • Avg Time on site
      16 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 Jonesborough Rd
    Erwin, TN 37650-4018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.