224 MainErwin, TN 37650

  • Retail space
  • 1,778 SF
Off market

Property Details for 224 Main

Year built
1980
Lot size
75.00 AC
Property size (Sq ft)
1,778 SF
Zone code
B-2
Property type
Retail space
APN
086023N B 00500
APU
086023NB00500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $504,363
    6.5%
    $465,565
    7%
    $432,311
  • Comparable approach

    Method
    Valuation
    Relative Method
    $368,884
    Geo Method
    $368,884
  • Alternative Use

    Use
    Valuation
    Residential
    $392,722
    Hospitality
    $359,731
    Educational
    $299,292
    Medical
    $309,585
    Retail
    $465,565

Location Insight

City
Erwin
County
Unicoi
State
Tennessee
Latitude
36.1465
Longitude
-82.4148
CBSA code
27740
CBSA name
JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$16,160
$8,760
$24,920
-
$40,400
$21,900
$62,300

FAQs

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