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    2817 Market St Johnson City, TN 37604

    Sponsored
    For Sale
    $380,000

    High-traffic Johnson City lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.7-acre commercial land parcel, located at 2817 W Market St, Johnson City, TN 37604 (APN: 055E-A-001.11), presents a remarkable investment opportunity. Priced at $380,000, this fee simple property boasts a highly visible location with B4 & MS1 zoning, making it perfect for a variety of commercial ventures, including a stand-alone building or a retail strip center. Preliminary grading is complete, simplifying development. The property benefits from convenient access, including a transportation easement providing access to Lakebridge Nursing Home. Its strategic placement offers unparalleled visibility, situated seconds from Walmart and boasting the highest traffic count in Johnson City. Furthermore, its proximity to major employers—the VA Hospital, Ballad Health Hospital, and ETSU—ensures a robust customer base. Enjoy stunning mountain views from this exceptional site. Public utilities are readily available. Directions: From State of Franklin Road, turn onto W. Market Street toward Jonesborough. The property is on the left, after Universal Wine & Liquor Store and before the Atmos Energy building. A "For Sale" sign is clearly visible on the property.

    Property Features for 2817 Market St

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    HighLights

    • 0.7‑acre commercial lot at 2817 W Market St, Johnson City, TN, APN: 055E‑A‑001.11, priced at $380,000.
    • Highly visible location with B4 & MS1 zoning, suitable for various commercial uses.
    • Preliminary grading completed, simplifying development.
    • Convenient access, including a transportation easement.
    • Public utilities available.
    • Minutes from Johnson City's three largest employers (VA Hospital, Ballad Health, ETSU), Walmart, and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3988979
    Latitude
    36.3093927

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    FAQs

    What type of property is this?
    Land - High-traffic Johnson City lot, ideal for retail.
    Where is this land located?
    The property is located at 2817 Market St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: 0.7-acre commercial lot at 2817 W Market St, Johnson City, TN, APN: 055E-A-001.11, priced at $380,000.; Highly visible location with B4 & MS1 zoning, suitable for various commercial uses.; Preliminary grading completed, simplifying development.
    (423) 913-3070
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    2817 Market St Johnson City, TN 37604
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    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
    2817 Market St Johnson City, TN 37604
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