345 Elk AveElizabethton, TN 37643
- Land
- 7,747 SF
Property Details for 345 Elk Ave
- Year built
- 1946
- Lot size
- 0.55 AC
- Property size (Sq ft)
- 7,747 SF
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 010041B K 02600
- APU
- 010041BK02600
Description
This exceptional 0.55-acre commercial land parcel presents a remarkable investment opportunity in Elizabethton, Tennessee. Located at 345 W Elk Ave, this property boasts a highly visible location on a recently expanded five-lane highway, ensuring tremendous traffic volume. The site is conveniently located just up the street from established businesses like Pal's Restaurant and Advance Financial, guaranteeing high visibility and accessibility. The property is zoned B2 Arterial Bus. District, making it ideal for a variety of commercial uses, including fast-food restaurants or high-traffic retail establishments. The lot is level and ready for development, with public utilities readily available. While the State of Tennessee holds a one-year remaining construction easement related to the highway expansion, this presents a unique opportunity to plan and begin engineering drawings for your new business venture before the easement expires. The property's APN is 041B-K-026.00. This is a rare opportunity to secure a prime commercial location in a thriving area
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,711,145
- Hospitality
- $1,567,400
- Educational
- $1,304,058
- Medical
- $1,348,907
- Retail
- $2,028,535
Location Insight
- City
- Elizabethton
- County
- Carter
- State
- Tennessee
- Latitude
- 36.3517
- Longitude
- -82.2299
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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