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    Greater Kingsport Realty

    3009 Greenline Road, Johnson City, TN 37604
    (423) 433-6500
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    Size: 10+ agents

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    Property Types

    • Land
    • Residential Multi Family
    • Commercial Lease

    Listings

    For Sale (38)

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    50.59 Acres in Chuckey, TN
    $675,000
    50.59 Acres

    50.59 Acres in Chuckey, TN

    50.59 acre property with road frontage, pond, and fencing.

    Old Snapps Ferry Rd, Chuckey, TN 37641
    View details
    Surgoinsville Multifamily Investment Opportunity
    $749,000
    4,850 SF

    Surgoinsville Multifamily Investment Opportunity

    Multifamily property with income potential in Surgoinsville, Tennessee.

    154 Shadow Wood Ln, Surgoinsville, TN 37873
    View details
    Blountville Lake Lot Opportunity
    $699,700
    3.15 Acres

    Blountville Lake Lot Opportunity

    Rare 3-acre lake lot with two private docks.

    290 Candy Creek Private Dr, Blountville, TN 37617
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    Sunset Bay Wooded Acreage
    Contact for pricing
    2.25 Acres

    Sunset Bay Wooded Acreage

    2.25 acres in Sunset Bay development on Norris Lake.

    Eagle Ct, Sharps Chapel, TN 37866
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    Residential Land in Midway, TN
    $45,000
    1.22 Acres

    Residential Land in Midway, TN

    1.22 acre lot suitable for residential development or trailer placement.

    Oakwood Rd, Midway, TN 37809
    View details
    Hampton, TN Wooded Land
    $509,200
    13.40 Acres

    Hampton, TN Wooded Land

    13.4-acre wooded tract with lake views near Elizabethton.

    1570 S 321, Hampton, TN 37658
    View details
    110 Acres in Goshen Valley
    $699,000
    110.00 Acres

    110 Acres in Goshen Valley

    110 acres of pasture, timber, and crop land in Rogersville.

    3546 Goshen Valley Rd, Rogersville, TN 37857
    View details
    Turnkey, Fully Leased 8-Unit Building
    $799,000
    0.17 Acres

    Turnkey, Fully Leased 8-Unit Building

    Fully leased 8-unit building with historic appeal and modern updates.

    Johnson City, TN 37604
    View details
    Bristol, VA Land Opportunity
    Contact for pricing
    0.60 Acres

    Bristol, VA Land Opportunity

    Unimproved double lots near I-81 with wooded surroundings.

    Briscoe Dr, Bristol, VA 24202
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    Unrestricted Land Parcel in Evensville
    $48,000
    3.00 Acres

    Unrestricted Land Parcel in Evensville

    3-acre unrestricted parcel, ready to build in a private setting.

    Old Post Rd, Evensville, TN 37332
    View details
    Commercial Lot in Church Hill
    $175,000
    1.66 Acres

    Commercial Lot in Church Hill

    1.6 acre commercial lot with city road frontage.

    220 Silver Lake Rd, Church Hill, TN 37642
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    Commercial Land in Church Hill
    $285,000
    3.00 Acres

    Commercial Land in Church Hill

    3 acres of B-3 zoned commercial property for sale.

    220 Silver Lake Rd, Church Hill, TN 37642
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    Versatile Commercial Property in Elizabethton
    $425,000
    1.75 Acres

    Versatile Commercial Property in Elizabethton

    1.75-acre commercial property suitable for various business operations.

    2719 Highway 91, Elizabethton, TN 37643
    View details
    27.5 Acres Unrestricted Farmland
    $375,000
    27.50 Acres

    27.5 Acres Unrestricted Farmland

    27.5 acres of unrestricted farmland in Greene County, Tennessee.

    Old Snapps Ferry Rd, Chuckey, TN 37641
    View details
    Commercial Land in Church Hill
    $110,000
    1.35 Acres

    Commercial Land in Church Hill

    1.35 acre commercial lot with B-3 zoning.

    16 Silver Lake Rd, Church Hill, TN 37642
    View details
    Mount Carmel Building Lot
    $50,000
    2.11 Acres

    Mount Carmel Building Lot

    2.11 acre wooded lot with road frontage.

    Par 17.01 Walnut St, Mount Carmel, TN 37645
    View details
    Kingsport Land Parcel for Development
    $210,000
    14.20 Acres

    Kingsport Land Parcel for Development

    14.2 acre parcel rezoned R-3, potential for 160 units.

    Granby Rd, Kingsport, TN 37665
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    Erwin, TN Land Opportunity
    $385,000
    5.90 Acres

    Erwin, TN Land Opportunity

    5.9 acres of land suitable for business or residential development.

    Clear Branch Rd, Erwin, TN 37650
    View details
    One-Acre Homesite with Insulated Garage
    $425,000
    1.00 Acre

    One-Acre Homesite with Insulated Garage

    Ready-to-build homesite with a 50'x60' insulated garage.

    104 Howard Hyder Rd, Johnson City, TN 37601
    View details
    Commercial Lot with Garage, Office
    $337,777
    2,000 SF

    Commercial Lot with Garage, Office

    1.85-acre commercial lot with garage and office space in Tennessee.

    2182 Us 11W, Bristol, TN 37620
    View details
    Johnson City Multifamily Investment Opportunity
    $1,390,000
    1.10 Acres

    Johnson City Multifamily Investment Opportunity

    Well-maintained 12-unit apartment complex near ETSU and VA.

    1308 Knob Creek Rd, Johnson City, TN 37604
    View details
    Mountain City Commercial Warehouse Property
    $4,150,000
    13.92 Acres

    Mountain City Commercial Warehouse Property

    Large commercial warehouse with residential unit and development potential.

    241 Industrial Park Rd, Mountain City, TN 37683
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    Residential Land in Johnson City
    $55,900
    0.24 Acres

    Residential Land in Johnson City

    Buildable lot in the heart of Johnson City, Tennessee.

    1700 E Millard St, Johnson City, TN 37601
    View details
    Roan Mountain Acreage For Sale
    $118,900
    10.26 Acres

    Roan Mountain Acreage For Sale

    10.26 acres of residential land in Roan Mountain, Tennessee.

    Buck Mountain Rd, Roan Mountain, TN 37687
    View details
    102 Acres in Butler, TN
    $599,900
    95.53 Acres

    102 Acres in Butler, TN

    102 acres with mountain views, water, and electric at road.

    725 Little Dry Run Rd, Butler, TN 37640
    View details
    Jonesborough Land Opportunity: 10.34 Acres
    $324,900
    10.34 Acres

    Jonesborough Land Opportunity: 10.34 Acres

    Two tracts totaling 10.34 acres with 18 platted lots.

    Bob Walker Rd, Jonesborough, TN 37659
    View details
    Unrestricted Land Parcel in Evensville
    Contact for pricing
    2.05 Acres

    Unrestricted Land Parcel in Evensville

    2.05-acre unrestricted parcel, ready to build with utilities available.

    Old Post Rd, Evensville, TN 37332
    View details
    Charleston, TN Land Parcel
    Contact for pricing
    0.46 Acres

    Charleston, TN Land Parcel

    0.46-acre parcel in a quiet, rural setting.

    Swafford Ln NW, Charleston, TN 37310
    View details
    Unrestricted Land Parcel in Evensville
    $39,900
    2.65 Acres

    Unrestricted Land Parcel in Evensville

    2.65 acre unrestricted parcel, ready to build with utilities.

    Old Post Rd, Evensville, TN 37332
    View details
    Residential Lot in Hillendale Subdivision
    $40,000
    0.69 Acres

    Residential Lot in Hillendale Subdivision

    Spacious 0.69 acre lot in a desirable Gray, TN neighborhood.

    Grassy Cir, Gray, TN 37615
    View details
    54 Acres Near Ski Resorts
    $695,000
    53.16 Acres

    54 Acres Near Ski Resorts

    Land with mountain views, ponds, and rustic home.

    306 Bear Branch Rd, Roan Mountain, TN 37687
    View details
    Development-Ready Land with Mountain Views
    $535,000
    46.02 Acres

    Development-Ready Land with Mountain Views

    46+/- acres inside Johnson City with development potential and views.

    814 Frank Jones Rd, Johnson City, TN 37601
    View details
    Unicoi, TN Buildable Land
    $38,400
    0.48 Acres

    Unicoi, TN Buildable Land

    Two adjoining lots in Unicoi, TN, convenient to Johnson City.

    4 Sunny Ln, Unicoi, TN 37692
    View details
    Unicoi, TN Buildable Land
    $36,900
    0.53 Acres

    Unicoi, TN Buildable Land

    Two buildable lots in Unicoi, Tennessee, near the interstate.

    5 Sunny Ln, Unicoi, TN 37692
    View details
    Residential Land in Kingsport, TN
    Contact for pricing
    0.36 Acres

    Residential Land in Kingsport, TN

    Residential lot for dream home construction with utilities in place.

    4736 Sterling Ln, Kingsport, TN 37664
    View details
    25-Unit Apartment Complex Investment
    $2,400,000
    2.70 Acres

    25-Unit Apartment Complex Investment

    Multi-family investment opportunity in Johnson City, Tennessee.

    1106 Fremont Dr, Johnson City, TN 37601
    View details
    Kingsport Multi-Family Investment Opportunity
    $234,995
    0.17 Acres

    Kingsport Multi-Family Investment Opportunity

    Multi-family property with three rental units in Kingsport, Tennessee.

    1108 Fairview Ave, Kingsport, TN 37660
    View details
    Unrestricted Land in Lobelville, TN
    Contact for pricing
    5.30 Acres

    Unrestricted Land in Lobelville, TN

    5.3 acres ready to build your Tennessee dream home.

    14579 Crooked Creek Rd, Lobelville, TN 37097
    View details

    For Lease (4)

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    Commercial Land in Church Hill
    $110,000
    58,806 SF

    Commercial Land in Church Hill

    1.35 acre commercial lot with B 3 zoning.

    16 Silver Lake Rd, Church Hill, TN 37642
    View details
    Commercial Lot in Church Hill
    $175,000
    72,310 SF

    Commercial Lot in Church Hill

    1.6 acre commercial lot with city street frontage.

    220 Silver Lake Rd, Church Hill, TN 37642
    View details
    Prime Commercial Land For Lease
    $285,000
    130,680 SF

    Prime Commercial Land For Lease

    3 acres of B-3 zoned land with city amenities.

    220 Silver Lake Rd, Church Hill, TN 37642
    View details
    25-Unit Apartment Complex Investment
    $2,400,000
    16,200 SF

    25-Unit Apartment Complex Investment

    Multi-family investment opportunity in Johnson City, Tennessee.

    1106 Fremont Dr, Johnson City, TN 37601
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Greater Kingsport Realty
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