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    5580 Bobby Hicks Hwy Johnson City, TN 37615

    Sponsored
    For Sale
    $569,987

    High-traffic location, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3-acre commercial lot, situated at 5580 Bobby Hicks Hwy in Johnson City, Tennessee (zip code 37615), presents a remarkable investment opportunity. Boasting over 500 feet of road frontage, this property benefits from high visibility and exceptional daily traffic counts exceeding 19,000 vehicles. Its strategic location offers unparalleled access to major transportation arteries, including proximity to the TriCities Airport (within 5 miles), Interstate 26 (1.3 miles away with over 40,000 daily vehicles passing), and Interstate 81 (just 4 miles distant). This prime location within Washington County, Tennessee, is experiencing significant growth in both business and residential sectors, ensuring a robust and expanding customer base. The asking price for this exceptional property is $569,987. The land's size and location make it suitable for a wide range of commercial ventures, capitalizing on the area's burgeoning development and high traffic volume. This is a rare opportunity to secure a highly visible and accessible commercial property in a rapidly growing market. Don't miss out on this chance to establish your business in a prime location with exceptional potential for success.

    Property Features for 5580 Bobby Hicks Hwy

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial lot in Johnson City, TN (37615) at 5580 Bobby Hicks Hwy.
    • Over 500 feet of road frontage with daily traffic counts exceeding 19,000 vehicles.
    • Prime location near TriCities Airport (under 5 miles), I‑26 (1.3 miles, 40,000+ daily vehicles), and I‑81 (4 miles).
    • Asking price: $569,987.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -82.46359410008
    Latitude
    36.423275250614

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    FAQs

    What type of property is this?
    Land - High-traffic location, ideal for business.
    Where is this land located?
    The property is located at 5580 Bobby Hicks Hwy Johnson City, TN.
    What is the asking price?
    The asking price for this property is $569,987.
    What are key features of this property?
    This property features: 3-acre commercial lot in Johnson City, TN (37615) at 5580 Bobby Hicks Hwy.; Over 500 feet of road frontage with daily traffic counts exceeding 19,000 vehicles.; Prime location near TriCities Airport (under 5 miles), I-26 (1.3 miles, 40,000+ daily vehicles), and I-81 (4 miles).
    Request Owner's contact information
    5580 Bobby Hicks Hwy Johnson City, TN 37615
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    Johnson City, TN 37615
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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
    5580 Bobby Hicks Hwy Johnson City, TN 37615
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