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Property profile & analytics
FOR LEASE
Office Spaces

808 N Lynn Ave Elizabethton, TN 37643

288 SF 1.71 ac lot Built 2012
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-3463920
Property summary
AI-generated overview

This exceptional industrial property, located at 808 N Lynn Ave in Elizabethton, Tennessee, presents a compelling investment opportunity. The 4-building complex encompasses a total of 11,000 square feet, ideally suited for distribution or warehouse operations. Constructed in 1989, the property sits on a generous 4-acre lot, zoned M1, offering ample space for various uses. Three substantial warehouse buildings are complemented by a dedicated office building, providing versatile space for administrative functions and operations. The property boasts two loading docks equipped with levelers, and a drive-through building design enhances efficiency. A significant advantage is the large fenced open lot, perfect for secure storage of trucks, equipment, or materials. This prime location offers convenient access to the Tri-Cities area. The property is available for sale at $675,000 with a potential lease term of 3 years. All information should be independently verified.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2012
Total area 288 SF
Lot 1.71 ac (74,488 SF)
APN 010034O B 01201
UPID US80-3463920
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
  • All Printer Recycling Elizabethton Tennessee Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
David L Robbins · 3 yrs held
David L Robbins
since 2023
Last sale
$510,000
2 recorded transactions
2023
$510,000
2007
$800,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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