Freestanding Warehouse with Loading
104 Center St Johnson City, TN 37615
104 Center St, Johnson City, TN, 37615
$665,000
For Sale
$665,000
5,000 sq ft warehouse with a large garage door, offices, conference room, and fenced, gated lot for controlled access.
Property Size5,000 SF
Price / SF$133
Days on Market78
Property Features for 104 Center St
General Information
- Standard status
- Active
- Size
- 5,000 SF
Listing agency
Summit Properties
(423) 914-1337
Listed by
Luke Siele · License #370825
(423) 914-1337
Source
Exprealty
Added: May 6 Updated: Jul 21 at 8:00AM Checked: Jul 21 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Properties
Investment Insights
Based on property information with market context.
This well-maintained warehouse offers a spacious, versatile layout supported by practical improvements throughout. The interior includes two private offices, a dedicated conference room, and a fully equipped kitchen, along with one full bathroom and two half baths. A large garage door supports convenient loading and unloading, and a high-efficiency HVAC system helps maintain comfort year-round. The upgraded electrical panel is included for a range of commercial needs.
The property sits at 104 Center St in Johnson City, Tennessee, with easy access described as being just minutes from the interstate. Outside, the lot is gated and fully fenced, with an automatic gate designed to support secure, controlled entry.
Overall, the combination of loading access, office support space, and fenced perimeter security makes this a straightforward option for businesses looking for an operational warehouse with built-in workplace amenities.
The property sits at 104 Center St in Johnson City, Tennessee, with easy access described as being just minutes from the interstate. Outside, the lot is gated and fully fenced, with an automatic gate designed to support secure, controlled entry.
Overall, the combination of loading access, office support space, and fenced perimeter security makes this a straightforward option for businesses looking for an operational warehouse with built-in workplace amenities.
Key Highlights
- 5,000 SF commercial warehouse with a large garage door for loading and unloading
- Includes two private offices, a dedicated conference room, and a fully equipped kitchen
- Bathroom amenities include 1 full bathroom and 2 half baths
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $12.00 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $56.4k | $11.28 |
| − OpEx | −$19.7k | −$3.95 |
| NOI | $36.7k | $7.33 |
5,000 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$523.7K
$458.3K – $611.0K
NOI $36,660 @ 7.0% cap · market cap 5.51%
Second Best
Warehouse
$484.5K
$423.9K – $565.3K
NOI $33,915 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,600 @ 7.0% cap · market cap 22.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- East Tenn Camper Management — 117 Hale Dr, Gray, TN 37615
- A Storplace — 595 Gray Station Rd, Gray, TN 37615
- Universal Storage Solutions - Gray — 5267 Bobby Hicks Hwy, Gray, TN 37615
- Universal Storage Solutions — 5267 Bobby Hicks Hwy, Gray, TN 37615
- A Place For Stuff — 136 Old Gray Station Rd, Gray, TN 37615
FAQs
What type of property is this?
Warehouse - 5,000 sq ft warehouse with a large garage door, offices, conference room, and fenced, gated lot for controlled access.
Where is this warehouse located?
The property is located at 104 Center St Johnson City, TN.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 5,000 SF commercial warehouse with a large garage door for loading and unloading; Includes two private offices, a dedicated conference room, and a fully equipped kitchen; Bathroom amenities include 1 full bathroom and 2 half baths
