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    5207 N Roan St Gray, TN 37615

    Sponsored
    For Sale
    $975,000

    COMMERCIAL - Gray, TN

    Property size:
    1,762 SF
    Lot size:
    3.90 Acres
    Days on Market:
    71
    Last Refresh:
    Jan 8 at 4:06 am

    Property Features for 5207 N Roan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    comm
    APN
    013p A 005.00
    Size
    1,762 SF
    Lot size
    3.90 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Propane (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1951
    Building materials
    Brick
    Roof type
    Shingle

    Exit Realty Tri-Cities (423) 806-0400

    Listing agent Greg Hooper (423) 202-5740 License #302819

    Listing date Oct 30, 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

    Commercial Land with Road Frontage

    This commercial property is located on N. Roan St between Johnson City and Gray. It features over 647 feet of road frontage on north Roan St, an area with high traffic volume, and an additional 224 feet of road frontage on Old Stage Coach Rd, ensuring easy access. The city has plans to install a red light on the corner adjacent to the property. Centrally located on the 3.9-acre property is a 1762 sq ft brick home with 3 bedrooms and 2 bathrooms. The home includes hardwood flooring, ample closet space, and a handicap-accessible master suite. The property is currently zoned R-1 and has numerous potential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Washington
    State
    Tennessee
    Longitude
    -82.421409
    Latitude
    36.407901

    Nearby Similar for Sale

    • $229,500

      Stonebriar End Unit Home

      Well-maintained home in Stonebriar, convenient location, open concept living.
      218 Cedar Creek Rd, Gray, TN 37615
      View Details
    • $385,000

      Charming Single-Level Home in Gray

      Comfortable 2 bedroom, 2 bath home with accessible features.
      291 Piper Gln, Gray, TN 37615
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic, road frontage, and residential structure.
    Where is this commercial land located?
    The property is located at 5207 N Roan St Gray, TN.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - High-traffic commercial location on N. Roan St with **647+ feet of road frontage**.; - Zoned R-1 with numerous potential uses.; - Planned red light installation at the corner adjacent to the property.
    (423) 202-5740
    Request Owner's contact information
    5207 N Roan St Gray, TN 37615
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    Gray, TN 37615
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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
    5207 N Roan St Gray, TN 37615
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