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    738 West Walnut Street Ext Johnson City, TN 37604

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    For Sale
    $845,000

    1.07 acre site in redeveloping corridor, highly visible.

    Lot size:
    1.07 Acres

    Property Features for 738 West Walnut Street Ext

    General Information

    Lot size
    1.07 Acres

    Source: Mitch Cox Realtor, Inc. Agent John Speropulos, CCIM, SIOR

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

    Overview

    Prime Commercial Land For Sale

    A 1.07-acre site is available for sale in the desirable West Walnut Street corridor, which is currently under redevelopment by the City of Johnson City. The property is highly visible, with frontage on West Walnut Street and West State of Franklin Road. Located within one mile are East Tennessee State University (ETSU), Downtown Johnson City, ETSU’s Thomas Stadium, student housing, and the well-established Tree Streets neighborhood. This parcel is located in a Qualified Opportunity Zone and is zoned WWD (West Walnut District) and DO (Design Overlay District), allowing for a variety of commercial uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.385943
    Latitude
    36.30112

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    FAQs

    What type of property is this?
    Land - 1.07 acre site in redeveloping corridor, highly visible.
    Where is this land located?
    The property is located at 738 West Walnut Street Ext Johnson City, TN.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Prime location in the desirable W Walnut St corridor, currently under redevelopment by the City of Johnson City.; - High visibility with frontage on both W Walnut St and W State of Franklin Rd.; - Located in a Qualified Opportunity Zone.
    (423) 677-8203
    Request Owner's contact information
    738 West Walnut Street Ext Johnson City, TN 37604
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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
    738 West Walnut Street Ext Johnson City, TN 37604
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