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    1419 Colony Park Dr Johnson City, TN 37604

    Sponsored
    For Lease
    $1,300,000

    COMMERCIAL - Johnson City, TN

    Property size:
    6,272 SF
    Lot size:
    0.90 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1419 Colony Park Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R4
    APN
    062a A 015.03
    Size
    6,272 SF
    Lot size
    0.90 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1978
    Building materials
    Vinyl Siding
    Roof type
    Composition

    True North Real Estate (423) 210-4155

    Listing agent Matthew McCrory (423) 557-7839 License #347285

    Listing date Dec 31, 2025

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Johnson City

    Located in Johnson City, Tennessee, 1419 Colony Park is a fully renovated 8-unit multifamily property. Each unit features 2 beds and 1.5 baths. The property has undergone extensive recent improvements, including a new roof, updated gutters, fresh exterior paint, and full plumbing upgrades to PEX in most units. Multiple units have been modernized with updated flooring, appliances, fixtures, and fresh interior finishes. Foundation stabilization, landscaping, and tree removal have also been completed. The property is situated less than 5 minutes from East Tennessee State University and Johnson City Medical Center, and benefits from tenant demand from students, healthcare professionals, and long-term renters. The property is located in a high-demand rental corridor with long-term growth potential. The property contains 6272 square feet and is located on a 0.9-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.384243
    Latitude
    36.290858

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 8-unit multifamily property in Johnson City, Tennessee.
    Where is this apartment building located?
    The property is located at 1419 Colony Park Dr Johnson City, TN.
    What are key features of this property?
    This property features: - Fully renovated 8-unit multifamily property in Johnson City, TN, offering a stabilized, cash-flowing investment.; - Prime location near East Tennessee State University (ETSU) and Johnson City Medical Center, ensuring strong tenant demand.; - Recent major renovations completed, including a new roof, updated gutters, fresh exterior paint, and plumbing upgrades to PEX, minimizing deferred maintenance.
    (423) 557-7839
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    1419 Colony Park Dr Johnson City, TN 37604
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    Realmo Value Estimation

    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.

    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.

    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
    1419 Colony Park Dr Johnson City, TN 37604
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