107 Roscoe Fitz Rd Johnson City, TN 37615

Listing office The Brokers Realty and Auction b***@outlook.com Show Phone

Listing date Feb 6, 2023

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Investment Insights

Based on property information with market context.

This commercial land is available for the first time for commercial development purposes. Two retail strip centers, featuring a modern facade and 50% leased, are currently under construction. The area is experiencing significant residential growth, creating commercial opportunities. City planners are actively preparing for further expansion in this area of Johnson City, located just off I-26 at exit 13 in Gray, Tennessee, which is in North Johnson City. East Tennessee has seen unprecedented growth in recent years, with both single-family and multifamily developers building in close proximity to the property, including over 400 homes and over 100 apartments. This presents an opportunity for new grocery stores, fast food restaurants, retail outlets, and financial services. Currently, there is only one grocery store in the area, which is performing well.

Key Highlights

• Prime commercial development opportunity in a rapidly expanding market.
• Located just off I‑26 (Exit 13), providing excellent accessibility.
• Two retail strip centers are currently under construction on the property.

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FAQs

What type of property is this?

Commercial land - Commercial land for development in growing Johnson City area.

Where is this commercial land located?

The property is located at 107 Roscoe Fitz Rd Johnson City, TN.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Prime commercial development opportunity in a rapidly expanding market.; Located just off I‑26 (Exit 13), providing excellent accessibility.; Two retail strip centers are currently under construction on the property.