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    Roweland Dr Johnson City, TN 37601

    Sponsored
    For Sale
    $495,000

    20 Acres, M1 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.25-acre parcel of land presents a rare opportunity for industrial or commercial development in the thriving Johnson City, Tennessee market. Located on Roweland Drive, Washington County, zip code 37601 (36.3534563, -82.3187978), this property boasts a highly desirable M1 zoning designation, opening doors to a wide range of uses. The expansive lot size provides ample space for the construction of large-scale manufacturing facilities, expansive warehousing operations, or other similar ventures. Its strategic location offers easy access to major transportation routes, ensuring seamless logistics and efficient distribution networks. The asking price for this significant landholding is $495,000. This represents a compelling investment opportunity for businesses seeking to establish a strong presence in a dynamic and growing region. The property's size and zoning make it an ideal candidate for a variety of industrial and commercial projects, promising substantial returns on investment. Serious inquiries are encouraged to explore the potential of this remarkable property and its potential to contribute to the economic growth of the Johnson City area. Don't miss this chance to acquire a substantial land parcel in a prime location with excellent zoning.

    Property Features for 0 Roweland Dr

    General Information

    Property type
    Land
    Lot Size
    882,090 SF

    HighLights

    • 20.25‑acre parcel available for industrial or commercial development in Johnson City, TN.
    • Located on Roweland Drive, Washington County, 37601.
    • M1 zoning allows for diverse industrial and commercial uses.
    • $495,000 asking price.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3187978
    Latitude
    36.3534563

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    FAQs

    What type of property is this?
    Land - 20 Acres, M1 Zoning, Prime Location
    Where is this land located?
    The property is located at Roweland Dr Johnson City, TN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 20.25-acre parcel available for industrial or commercial development in Johnson City, TN.; Located on Roweland Drive, Washington County, 37601.; M1 zoning allows for diverse industrial and commercial uses.
    Request Owner's contact information
    Roweland Dr 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
    Roweland Dr Johnson City, TN 37601
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