Multi-Family Development
For Sale
$215,000
907 Cedar Grove Road, Johnson City, TN 37601
Zoned RP-3 for multi-family development with concept plans, supporting up to 52 units with city approval.
Property Size253,519 SF
Price / SF$0.85
Days on Market803
Property Features for 907 Cedar Grove Road
General Information
Standard status
Active
Size
253,519 SF
Property subtype
Land
Zoning
RP-3
Additional Details
Multifamily Units
52
Taxes and HOA fees
Annual Taxes
$1,170
Amenities
.00
Listing Agency:
The Elite Team Agency
(423) 430-7807
Listed By:
Dylan Holly · License #334258
(423) 430-7807
Source:
Compass
Added: Jun 1, 2024
Changed: Aug 8
Last Checked: Mar 25 at 6:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Elite Team Agency
Investment Insights
Based on property information with market context.
This residential land parcel is zoned RP-3 for multi-family development. The property can accommodate a density of up to 8.5 units per acre, and a total of 52 units is available with city approval. Development concept plans are available for review.
The site is located near the Tweetsie Trail. The buyer’s and/or buyer’s agent should verify all zoning, approvals, and development details.
All information contained in the public remarks is intended as a starting point for due diligence, and prospective parties are encouraged to confirm feasibility with the City during the approval process.
The site is located near the Tweetsie Trail. The buyer’s and/or buyer’s agent should verify all zoning, approvals, and development details.
All information contained in the public remarks is intended as a starting point for due diligence, and prospective parties are encouraged to confirm feasibility with the City during the approval process.
Key Highlights
- Zoned RP‑3 for multi‑family development
- Supports up to 8.5 units per acre
- Total of 52 units possible with city approval
Property Analytics
Property Profile
Current Use
Lease Details
52
Residential units
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 37601, TN
37,079
Population
18,153
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
47.7 sq mi
ZIP Area
777
Density / Sq Mi
$49,658
Median Household Income
$32,312
Median Earnings
$892
Median Rent
$187,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned RP-3 for multi-family development with concept plans, supporting up to 52 units with city approval.
Where is this residential land & home lot located?
The property is located at 907 Cedar Grove Road Johnson City, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Zoned RP‑3 for multi‑family development; Supports up to 8.5 units per acre; Total of 52 units possible with city approval
