Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2726 East Oakland Ave Johnson City, TN 37601

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $13 SF/Yr ($3,195 /Mo)

    Lease opportunity: commercial kitchen, offices, and conference room.

    Property size:
    2,950 SF
    Lot size:
    1.22 Acres

    Property Features for 2726 East Oakland Ave

    General Information

    Size
    2,950 SF
    Lot size
    1.22 Acres

    We can help!

    Listing Contact
    Shannon K. Castillo
    Source: Moodyscre

    Listing Agent: Shannon K. Castillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Kitchen and Office Space

    Space is available for lease in a business center located on East Oakland Avenue in North Johnson City. The site is approximately 1.2 miles from I-26, exit 20, and is surrounded by offices and industrial facilities. Suite 102/103 includes a bakery/commercial kitchen, offices, a conference room, and two restrooms. The property offers space suitable for office, restaurant, and retail use, including commercial kitchens. The space totals 2950 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pj Bailey, NMLS ... Mortgage Lender Design Studio Beauty Salon Andy Mason - Sierra ... Mortgage Lender Mighty Dog Roofing Roofing Contractor Crowns And Confidence Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.369472
    Latitude
    36.359122

    Nearby Similar for Lease

    • $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
    • New
      $340,000
      1,820 SF

      Commercial Property with Additional Lot

      Commercial property with building and additional lot for income generation.
      2920 W Oakl St, Johnson City, TN 37604
      View Details
    • $525,000
      Pending

      Flexible Office Space For Rent

      Office building with flexible spaces in Johnson City business district.
      207 Broyles Dr, Johnson City, TN 37601
      View Details
    • $674,999
      1,375 SF

      Johnson City Apartment Building For Rent

      Six-unit apartment building with income potential in Johnson City, TN.
      3411 W Walnut St, Johnson City, TN 37604
      View Details
    • $14 SF/Yr
      1,000 SF

      High-Visibility Commercial Space Near I-26

      Adaptable commercial space with high traffic exposure and development potential.
      401a Elm St, Johnson City, TN 37601
      View Details
    • $2,600 /Mo
      1,800 SF

      Updated Commercial Space with Warehouse

      Versatile office and warehouse space on high-traffic highway.
      3708 W Market St, Johnson City, TN 37604
      View Details
    • $1,688 /Mo
      1,500 SF

      Professional Office Space For Lease

      Well-maintained office space in a highly visible, accessible Johnson City location.
      302 Sunset Dr, Johnson City, TN 37604
      View Details
    • $5 SF/Yr
      24,751 SF

      Office Space in Johnson City

      Two office suites available for lease in Johnson City, TN.
      312 103, Johnson City, TN 37601
      View Details
    • $435,000
      2,600 SF

      High-Traffic Commercial Building in Johnson City

      Versatile commercial building in high-traffic area near downtown Johnson City.
      1001 N Roan St, Johnson City, TN 37601
      View Details
    • $3,375 /Mo
      2,900 SF

      Downtown Johnson City Retail Space

      Lease opportunity in the heart of Downtown Johnson City.
      212 E Main St, Johnson City, TN 37604
      View Details
    • $1,211,000
      10,380 SF

      Retail Building on Broadway Avenue

      10,380 SF retail building for lease in Johnson City.
      417 S Broadway Ave, Johnson City, TN
      View Details
    • $800 /Mo
      1,800 SF

      New Construction Storage Units

      New construction storage units for lease in Johnson City, TN.
      617 Collins Dr, Johnson City, TN 37604
      View Details

    FAQs

    What type of property is this?
    Office space - Lease opportunity: commercial kitchen, offices, and conference room.
    Where is this office space located?
    The property is located at 2726 East Oakland Ave Johnson City, TN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location approximately 1.2 miles from I-26, exit 20.; - Includes a bakery/commercial kitchen.; - Located in a business center.
    (423) 943-0530
    Request Owner's contact information
    2726 East Oakland Ave Johnson City, TN 37601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2726 East Oakland Ave
    Johnson City, TN 37601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2726 East Oakland Ave Johnson City, TN 37601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shannon K. Castillo
    Real Estate License ID: 328830
    (423) 943-0530
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.