Property profile

601 Carolina Ave Erwin, TN 37650

OFF-MARKET
Manufacturing properties
Property ID
US80-0059821
44,400 SF 5.53 ac lot Built 1964
Individually Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 44,400 SF
Lot 5.53 ac (240,887 SF)
Zoning code M-1
APN 086031G B 00400
UPID US80-0059821

Cap rate & NOI

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

Location

601 Carolina Ave Erwin, TN 37650-1660
Erwin metro Census 80400 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$905k

Owner & transaction history

since 2006
1 recorded transaction
2006
$400,000

Zoning & alternative use

M-1 · Erwin, TN
General category INDUSTRIAL

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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