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Property profile & analytics
OFF-MARKET
Land

0 2.8 +/- Acres Johnson City, TN 37615

2.87 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.87 ac (125,017 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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