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    Tbd Bristol Hwy Johnson City, TN 37601

    Sponsored
    For Sale
    $1,490,000

    11.33 Acres, High Traffic, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11.33-acre commercial land parcel presents a remarkable investment opportunity in Johnson City, Tennessee. Strategically located on the bustling Bristol Highway (Motor Mile), this property boasts high visibility and significant traffic counts, ensuring maximum exposure for any commercial venture. The site is situated on the corner of Bristol Highway and Onion Lane, offering convenient access and excellent street frontage. Its B4 zoning permits a wide range of commercial uses. The property's advantageous location is further enhanced by its proximity to established businesses, including East TN Rent Alls, and the newly expanded Wing Deer Park, creating a vibrant and attractive surrounding environment. This prime location offers unparalleled potential for developers and investors seeking a high-impact commercial property in a rapidly growing area. The asking price is $1,490,000. The address is TBD Bristol Hwy, Johnson City, TN 37601. This 11.33-acre lot provides ample space for a variety of commercial developments, capitalizing on the high traffic volume and visibility of this desirable location. The property's corner location and proximity to amenities make it an exceptional opportunity for significant return on investment.

    Property Features for 0 Tbd Bristol Hwy

    General Information

    Property type
    Land
    Lot Size
    493,535 SF

    HighLights

    • 11.33‑acre commercial land parcel in Johnson City, TN.
    • High‑visibility corner lot on Bristol Highway (Motor Mile) with significant traffic counts.
    • B4 zoning allows diverse commercial uses.
    • Prime location near established businesses and Wing Deer Park.
    • Asking price: $1,490,000. Address: TBD Bristol Hwy, Johnson City, TN 37601.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3661797
    Latitude
    36.3819687

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    FAQs

    What type of property is this?
    Land - 11.33 Acres, High Traffic, Prime Location
    Where is this land located?
    The property is located at Tbd Bristol Hwy Johnson City, TN.
    What is the asking price?
    The asking price for this property is $1,490,000.
    What are key features of this property?
    This property features: 11.33-acre commercial land parcel in Johnson City, TN.; High-visibility corner lot on Bristol Highway (Motor Mile) with significant traffic counts.; B4 zoning allows diverse commercial uses.
    (423) 631-0355
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    Tbd Bristol Hwy Johnson City, TN 37601
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    Johnson City, TN 37601
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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
    Tbd Bristol Hwy Johnson City, TN 37601
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