0 2.8 +/- Acres Johnson City, TN 37615
This exceptional 2.87-acre commercial land parcel presents a remarkable investment opportunity in Johnson City, Tennessee. Strategically located directly off Exit 17 on Boones Creek Road, this property boasts approximately 386 feet of road frontage, ensuring high visibility and accessibility for any business. The site benefits from existing infrastructure, including a paved entryway from Boones Creek Road and some completed grading work, simplifying development and reducing upfront costs. High daily traffic counts on this rapidly growing corridor guarantee significant exposure. Furthermore, the property's location within the Regional Retail Tourism Development District offers substantial tax advantages for business owners, potentially leading to significant long-term cost savings. This prime location, coupled with the existing infrastructure and tax benefits, makes this a truly exceptional opportunity to capitalize on the burgeoning commercial growth in this area. The property is owned by Stonewest Building Partnership and is zoned PB. The asking price is $1,850,000. Don't miss this chance to establish your business in a thriving location with significant potential for return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.