135 Pinnacle DrJohnson City, TN 37615

Property Details for 135 Pinnacle Dr

Year built

2008

Lot size

2.92 AC

Property size (Sq ft)

43,000 SF

Property type

Motels

APN

029H A 00100

APU

029HA00100

Description

This exceptional 1,450 square foot commercial property, located at 52 West Main Street in the heart of Downtown Brevard, Transylvania County, presents a unique opportunity for a variety of businesses. Built in 1930, this two-story building offers a single, vacant suite encompassing the entire space, perfect for a retail establishment, restaurant, or office. The property's Downtown Mixed-Use zoning allows for diverse uses, complementing the vibrant atmosphere of the surrounding area. Situated on West Main Street, the building enjoys high visibility and foot traffic, surrounded by a thriving mix of shops, restaurants, and art galleries. The 1,450 square feet provide ample space for a variety of layouts and configurations to suit your business needs. This is a rare chance to establish a presence in a bustling downtown district with a rich history and a bright future. The building's age adds character and charm, while its central location ensures maximum exposure and accessibility for your business. The property is ready for immediate occupancy, offering a blank canvas for your vision. Don't miss this opportunity to secure a prime location in the thriving Downtown Brevard commercial market.

• CAP approach

  CAP return

  Valuation

  6%

  $9,424,904

  6.5%

  $8,699,911

  7%

  $8,078,489

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,319,446

  Geo Method

  $8,319,446

• Alternative Use

  Use

  Valuation

  Residential

  $9,497,776

  Hospitality

  $8,699,911

  Educational

  $7,238,224

  Medical

  $7,487,158

  Retail

  $11,259,460

Location Insight

City

Johnson City

County

Washington

State

Tennessee

Latitude

36.3734

Longitude

-82.4253

CBSA code

27740

CBSA name

JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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