Retail Property on Roan
2120-2123 N Roan St Johnson City, TN
2120-2123 N Roan St, Johnson City, TN, 00000
Contact for pricing
For Sale
Contact for pricing
Retail property for sale in Johnson City, Tennessee.
Property Size7,716 SF
Lot Size1.05 Acres
Price / SF$416.67
Days on Market234
Property Features for 2120-2123 N Roan St
General Information
- Standard status
- Active
- Size
- 7,716 SF
- Lot size
- 1.05 Acres
- Property subtype
- RETAIL
Listing Agency
Interstate Realty Advisors
(423) 968-5971
Listed by
Brent Roswall
(423) 968-5971
Source
Moodyscre
Added: Nov 25, 2025 Checked: Jul 17 at 2:55 am
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 Interstate Realty Advisors
Investment Insights
Based on property information with market context.
This retail property, located on N Roan St in Johnson City, Tennessee, offers 7,716 square feet of space. The property is suitable for retail and other retail purposes.
Key Highlights
- No property information was provided to analyze.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.8k | $23.04 |
| − Vacancy | −$5.3k | −$0.69 |
| EGI | $172.4k | $22.35 |
| − OpEx | −$51.7k | −$6.70 |
| NOI | $120.7k | $15.64 |
7,716 SF · lease $23.04/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.72M
$1.51M – $2.01M
NOI $120,710 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,776 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Retail property for sale in Johnson City, Tennessee.
Where is this retail property located?
The property is located at 2120-2123 N Roan St Johnson City, TN.
What is the asking price?
The asking price for this property is $3,215,000.
What are key features of this property?
This property features: No property information was provided to analyze.
