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Property profile & analytics
OFF-MARKET
Land

2340 Peoples St Johnson City, TN 37604

1.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.46-acre commercial land parcel in Johnson City, Tennessee, presents a prime development opportunity. Located at 2340 Peoples Street, this fee-simple property boasts a Planned Business (PB) zoning designation and is pre-approved for an 11,700 square-foot professional building with 43 parking spaces. The site plan allows for a two-level building design, maximizing usable space and offering daylight exposure on each floor. Enjoy unparalleled visibility from Interstate 26 and Peoples Street, providing excellent exposure for any commercial venture. The property's location offers breathtaking mountain views and convenient access to Interstate 26, connecting businesses to a wider regional market. Its proximity to major retailers like Hobby Lobby and At Home, situated within seconds of the property, ensures high traffic and customer accessibility. This strategic location is also just seconds from The Crossings Shopping Center. Detailed aerial photography and a survey are available upon request. The asking price is $495,000, and the APN is 038I-B-030.07. This is a rare opportunity to acquire a highly visible, readily developable site in a thriving commercial area.

Property profile
Verified
Property type Land
Lot 1.46 ac (63,598 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Orr Construction Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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