309 Wesley Street, Johnson City, TN 37601
Brick warehouse with heated storage, office space, and roll-up door access on an I-1 zoned parcel.
- Added:
- May 27, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 6 at 3:53 am
Property Features for 309 Wesley Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 3.40 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1990
Listing agent Shana Wilcox License #282495
Listing office CENTURY 21 Legacy Realty Johnson City
Listing date May 27, 2026
Source Crexi
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 CENTURY 21 Legacy Realty Johnson City
HighLights
- Approx. 3.4‑acre I‑1 zoned parcel in an established industrial park setting, located minutes from I‑26 and directly across from Coca‑Cola
- Approx. 2,400 SF brick building (built 1990) with 176 SF office and 2,224 SF heated warehouse/garage space
- Warehouse features an 8‑foot roll‑up door plus front and side walk‑out doors
- Utilities and systems include 3‑phase 120/208 voltage, gas heat, security wiring, insulated walls and ceilings, and 12‑foot ceilings
- Includes 13 paved parking spaces for employees, customers, or company vehicles
Overview
The property sits on approximately 3.4 acres within an established industrial park setting. It is described as being minutes from I-26 and directly across the street from Coca-Cola, with paved parking available for 13 vehicles for employees, customers, or company use.
With I-1 zoning and a yard-sized parcel, the site is positioned to support a range of industrial and storage-oriented business needs, including owner-user uses that require both heated warehouse space and a small office component. The combination of interior improvements and direct vehicle access can support light service, distribution support, or other warehousing activities, while the outdoor area supports practical uses such as fleet parking and outdoor storage, subject to buyer and tenant confirmation.
Local Financial Insights For Office B
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 | $57.6k | $24.00 |
| − Vacancy | −$10.4k | −$4.32 |
| EGI | $47.2k | $19.68 |
| − OpEx | −$11.8k | −$4.92 |
| NOI | $35.4k | $14.76 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Princeton Self Storage — 515 Princeton Rd, Johnson City, TN 37601
- StorageMax Self Storage — 2312 Browns Mill Rd, Johnson City, TN 37604
- De'gennaro Storage — 313 Princeton Rd, Johnson City, TN 37601
- Universal Development & Construction — 2304 Silverdale Dr #300, Johnson City, TN 37601
- 10 Federal Storage — 410 Princeton Rd, Johnson City, TN 37601
Location Insight
- Map
- Local Demand
- City
- Johnson City
- County
- Washington
- State
- Tennessee
- Longitude
- -82.3756114
- Latitude
- 36.3539971
