851 Elk Ave Elizabethton, TN 37643-2946
- Commercial real estate
- 7,520 SF
- 131.00 lot acres
Current Use by Public Records
- James Warlick, DC / Chiropractor
- Alicia Emery / Nurse Practitioner
- Reed Pharmacy / Pharmacy
- Dr. Dylan Levesque / Chiropractor
- El tule / Grocery Store
Property Details for 851 Elk Ave
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 131.00 lot acres
- Property size
- 7,520 SF
- Property type
- Commercial real estate
- APN
- 010041A A 01701
- APU
- 010041AA01701
Description
This exceptional retail property, located on W. Elk Ave in Carter County, offers a versatile 3,354 square foot space ideal for a variety of uses. Currently featuring multiple tenancies, one unit is immediately available, presenting a unique opportunity for a savvy investor or business owner. The property's prime location ensures high traffic volume, making it an excellent choice for medical practices, veterinary clinics, retail businesses, or restaurants. The high visibility and accessibility of this location are key advantages for attracting customers and building a thriving business. The existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start. This adaptable space is perfect for businesses seeking a well-established presence in a bustling area. The property's versatility allows for customization to suit specific business needs, offering a blank canvas for creating a successful and thriving enterprise. The high traffic area ensures maximum exposure and potential for growth. Don't miss this chance to secure a prominent location in a thriving Carter County commercial district. This is a rare opportunity to establish a strong foothold in a high-demand area. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $710,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $630,000
- Retail
- $590,000
- Mixed-Use
- $545,000
- Hospitality
- $640,000
- Educational
- $640,000
- Residential Income
- $630,000
- Energy
- $665,000
- Income-Based Land
- $520,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Elizabethton
- County
- Carter
- State
- Tennessee
- Longitude
- -82.24
- Latitude
- 36.3494
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
