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    Retail Center Near Winged Deer Title is generated by Realmo AI

    3966-3998 Bristol Hwy, Johnson City, TN

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    Retail center for sale near Winged Deer Park and Boone Lake.

    Type:RETAIL
    Property size:
    12,818 SF
    Lot size:
    2.28 Acres
    Price / SF:
    $273/SF
    Added:
    Nov 13, 2025
    Days on Market:
    214
    Last Refresh:
    May 20 at 9:39 pm

    Property Features for 3966-3998 Bristol Hwy

    General Information

    Standard status
    Active
    Size
    12,818 SF
    Lot size
    2.28 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 3966-3998 Bristol Hwy Contact us

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    Listing Contact
    Shannon K. Castillo
    Shannon K. Castillo

    Listing agent Shannon K. Castillo License #328830

    Listing office Mitch Cox Realtor, Inc.

    Listing date Nov 13, 2025

    Source Moodyscre

    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 Mitch Cox Realtor, Inc.

    HighLights

    • Investment property with tenants already in place
    • Located on Bristol Hwy, a high‑traffic area
    • Ample parking with approximately 60 spaces
    • Zoned B‑4: Planned Arterial Business District, allowing for a wide range of business uses
    • Close proximity to Winged Deer Park and Boone Lake
    • Easy access from I‑26 via well‑defined route

    Overview

    The retail center available for sale is located on Bristol Hwy, near Winged Deer Park and Boone Lake. This investment property is divided into 8 suites, with tenants currently in place. The property features a sizable parking area, offering approximately 60 parking spaces. The property size is 12818 square feet. Zoning is designated as B-4: Planned Arterial Business District.

    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 $295.3k $23.04
    − Vacancy −$8.9k −$0.69
    EGI $286.5k $22.35
    − OpEx −$85.9k −$6.70
    NOI $200.5k $15.64
    12,818 SF · lease $23.04/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.86M
    $2.51M – $3.34M (±1% cap)
    NOI $200,527 @ 7.0% cap · market cap 5.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.41M
    $4.73M – $6.31M (±1% cap)
    NOI $378,387 @ 7.0% cap · market cap 10.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3628
    Latitude
    36.3838

    FAQs

    What type of property is this?
    Shopping center - Retail center for sale near Winged Deer Park and Boone Lake.
    Where is this shopping center located?
    The property is located at 3966-3998 Bristol Hwy Johnson City, TN.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Investment property with tenants already in place; Located on Bristol Hwy, a high‑traffic area; Ample parking with approximately 60 spaces
    (423) 943-0530 Call to check price and availability
    More about this property
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