0 Roan St & Anderson Rd Johnson City, TN 37601
This exceptional 11.83-acre commercial land parcel presents a unique investment opportunity in Johnson City, Tennessee. Strategically located at the intersection of South Roan Street and Anderson Road, this property boasts unparalleled visibility and accessibility. Its prime location is approximately 0.3 miles from I-26, exit 27, ensuring convenient access for businesses and customers. The property enjoys a high-traffic location, situated across from established businesses such as Burleson Construction and AmeriGas, and adjacent to a BP gas station. Zoned B-3 by Carter County, this versatile land allows for a wide range of commercial uses, providing flexibility for diverse development plans. A natural feature adding to the property's character is Buffalo Creek, which flows along the eastern boundary. The property's APN is 072 036.01. This is an exceptional opportunity to acquire a significant commercial land holding in a rapidly growing area, offering substantial potential for future development and strong returns. The asking price for this remarkable property is $695,000. Detailed site plans and zoning information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.