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Commercial Land with Existing Improvements
For Lease
$2,100,000

227 Library Lane, Johnson City, TN 37601

Commercial Lease, Johnson City, TN

Space SizeContact for details
Lot Size1.46 Acres
Days on Market102

Property Features for 227 Library Lane

General Information

Property type Commercial Lease
Property subtype Other
Zoning B3
Subdivision Not In Subdivision
Directions Head south on I-26 E from Tri Cities Crossing I-81 14.1 mi Take exit 23 to merge onto TN-91 S/E Market St 0.2 mi Turn right onto Colonial Way 207 ft Turn right onto Library Ln Destination will be on the left 227 Library Ln on Hill
Standard status Active
APN 046m A 001.00
Size 13,500 SF
Lot size 1.46 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1993
Building materials Block, Brick
Roof type Tar/Gravel
Listing Agency: Coldwell Banker Security Real Estate · Coldwell Banker Real Estate
Listed By: Seth Slagle · License #365948
Added: Jun 17 Changed: Aug 19 Last Checked: Sep 26 at 2:06AM
MLS# 9996943

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.46-acre B-3 commercial site includes approximately 13,500 square feet of existing improvements constructed in 1993. The facility contains multiple classrooms, restrooms, a commercial kitchen, break room, gymnasium, and stage, providing a range of existing interior components for occupancy or adaptive reuse. The property also includes 25-car parking and a tar-and-gravel roof.

A private drive provides access to the site, which is within walking distance of downtown Johnson City and visible from Interstate 26. The elevated setting includes views toward Buffalo Mountain and downtown Johnson City. Public water, public sewer, natural gas, and electricity serve the property. The site supports custom development plans for a 5- to 10-story building, with no height restrictions and minimal setback restrictions identified in the property information.

Key Highlights

  • 1.46‑acre commercial land site zoned B‑3
  • Approximately 13,500 square feet of existing improvements
  • Existing facility includes classrooms, restrooms, commercial kitchen, break room, gymnasium, and stage

Property Analytics

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Current Use

Girls Inc of Johnson ... Charitable Organization

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Storage Facility Building Supply (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - B-3 commercial site with an existing adaptable facility, private-drive access, and options for custom redevelopment.
Where is this commercial land located?
The property is located at 227 Library Lane Johnson City, TN.
What is the lease rate?
The lease rate is $2,100,000.
What are key features of this property?
This property features: 1.46‑acre commercial land site zoned B‑3; Approximately 13,500 square feet of existing improvements; Existing facility includes classrooms, restrooms, commercial kitchen, break room, gymnasium, and stage
More about this property
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