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    1920-1950 S Roan St Johnson City, TN 37601

    For Sale
    $5,000,000

    Established shopping center with long-term tenants and full occupancy.

    Property size:
    54,295 SF
    Lot size:
    3.96 Acres

    Property Features for 1920-1950 S Roan St

    General Information

    Size
    54,295 SF
    Lot size
    3.96 Acres

    Source: The Brokers Realty & Auction Agent Johnathan Forester

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

    Overview

    Southside Plaza Retail Opportunity

    Southside Plaza Shopping Center features a history of long-term tenants and 100% occupancy. The property is tenanted by Price Less Foods, Dollar Tree, EZ Rentals, Fresh N Clean Laundry, Little Caesars, Subway, and Title Max. The property is a shopping center. The property size is 54295 square feet. There is one lease expiration in 2026.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Sunglass Hut, Unique Sneaks, Landmark Village Shopping Center, Roan Centre, The Mall at Johnson City

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3733268
    Latitude
    36.3386523

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    FAQs

    What type of property is this?
    Shopping center - Established shopping center with long-term tenants and full occupancy.
    Where is this shopping center located?
    The property is located at 1920-1950 S Roan St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - 100% Occupancy; - History of Long-Term Tenants; - Diverse Tenant Mix including Price Less Foods and Dollar Tree
    (423) 677-8095
    Request Owner's contact information
    1920-1950 S Roan St Johnson City, TN 37601
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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
    1920-1950 S Roan St Johnson City, TN 37601
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