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    2617 N Roan St Johnson City, TN 37601

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    For Sale
    $1,474,400

    5,015 SF retail property with two established tenants.

    Property size:
    5,015 SF
    Lot size:
    0.69 Acres

    Property Features for 2617 N Roan St

    General Information

    Size
    5,015 SF
    Lot size
    0.69 Acres

    Source: TCI Group-Jerry Petzoldt Agency LLC Agent Glenn A. Perkins

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

    Overview

    Multi-Tenant Retail Investment Property

    This 5,015 SF multi-tenant retail property is available for purchase. It occupies a high-visibility corner site on North Roan Street, a commercial corridor with traffic counts exceeding 25,000 vehicles per day. The property is 100% leased to TitleMax and Rocky Top Vapor. The location is just 0.25 miles from I-26, Exit 20, with dual access via North Roan Street and Mark Twain Court. The building and grounds are professionally managed and meticulously maintained, featuring a new roof and fresh exterior paint in 2024. A large, level, paved parking lot accommodates tenant and customer needs. Immediate neighbors include the AT&T Call Center, Staybridge Suites, and Sonic Drive-In. The Mall at Johnson City is located nearby. TitleMax operates over 1,000 stores in 16 states. Rocky Top Vapor has multiple regional locations, offering a range of vaping products and accessories.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TitleMax Title Loans Loan Agency Rocky Top Vapor ... Vaporizer Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3819901
    Latitude
    36.3530278

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    FAQs

    What type of property is this?
    Strip mall - 5,015 SF retail property with two established tenants.
    Where is this strip mall located?
    The property is located at 2617 N Roan St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $1,474,400.
    What are key features of this property?
    This property features: - 100% leased to established tenants, TitleMax and Rocky Top Vapor, ensuring stable cash flow.; - Exceptional high-visibility corner location on North Roan Street with high traffic.; - Professionally managed, meticulously maintained property with a new roof and fresh exterior paint (2024).
    (423) 956-5707
    Request Owner's contact information
    2617 N Roan St Johnson City, TN 37601
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    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
    2617 N Roan St Johnson City, TN 37601
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