701 Jonesborough Rd Erwin, TN 37650
This exceptional 0.76-acre commercial land parcel presents a unique investment opportunity in Erwin, Tennessee. Strategically located adjacent to I-26, exit 37, this highly visible property boasts easy access and significant traffic exposure. The lot is situated in a Certified Economic Opportunity Zone, offering potential tax advantages. Its B-2, Arterial Business District zoning allows for a variety of commercial uses. The property is partially paved and fenced, providing a solid foundation for development. Its proximity to established businesses adds to its appeal; it's just 0.2 miles from a Food City supermarket and directly beside a Super 8 by Wyndham hotel. The address is 701 Jonesborough Rd, Erwin, TN 37650, at the intersection of Jonesborough Road and North Buffalo Street. This prime location offers unparalleled visibility from I-26, making it ideal for businesses seeking high traffic exposure and convenient access for customers. The partially paved and fenced lot is ready for immediate development, presenting a significant opportunity for investors and entrepreneurs alike. This is a rare chance to acquire a well-positioned commercial property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
F-1 · Erwin, TNCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.