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    Mountain View Rd Johnson City, TN 37604

    For Sale
    $1,125,850

    Prime 4-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.094-acre commercial land parcel presents a unique investment opportunity in Johnson City, Tennessee. Strategically located at the intersection of Knob Creek Road and West Mountain View Road, this corner lot benefits from high visibility and convenient access. The property is zoned B-4, offering considerable development flexibility. Its prime location places it in close proximity to major retail anchors including Kohl's and Lowe's Home Improvement, as well as the recently constructed 372-unit Haven at Knob Creek apartment community. Further enhancing its appeal, the City of Johnson City has plans to widen Knob Creek Road, promising increased traffic flow and enhanced visibility. The site's proximity to Interstate 26 (Exit 19, approximately 1.5 miles away) ensures easy access to regional transportation networks. Additionally, its location near the Med Tech Regional Business Park and Franklin Woods Community Hospital positions it within a thriving commercial and healthcare hub. The presence of new apartment construction on adjacent parcels underscores the area's robust growth and development potential. This property's combination of size, zoning, location, and surrounding development makes it an exceptional opportunity for investors seeking a high-impact commercial investment in a rapidly growing area. The property's APN is 037 087.03, 037 087.00. The asking price is $1,125,850.

    Property Features for 0 Mountain View Rd

    General Information

    Property type
    Land
    Lot Size
    178,335 SF

    HighLights

    • $1,125,850 asking price for 4.094 acres of commercial land.
    • Adjacent new apartment construction.
    • City‑planned Knob Creek Road widening.
    • B‑4 zoning.
    • Excellent location near Kohl's, Lowe's, and a 372‑unit apartment complex.
    • Proximity to Med Tech Regional Business Park, Franklin Woods Hospital, and Peoples Street retail corridor; 1.5 miles to I‑26, Exit 19.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.4162099
    Latitude
    36.3412396

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    FAQs

    What type of property is this?
    Land - Prime 4-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at Mountain View Rd Johnson City, TN.
    What is the asking price?
    The asking price for this property is $1,125,850.
    What are key features of this property?
    This property features: $1,125,850 asking price for 4.094 acres of commercial land.; Adjacent new apartment construction.; City-planned Knob Creek Road widening.
    Request Owner's contact information
    Mountain View Rd Johnson City, TN 37604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mountain View Rd Johnson City, TN 37604
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