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Property profile

0 Boones Creek Rd Johnson City, TN 37615

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Johnson City, Tennessee. Located on Boones Creek Road, this property boasts a highly desirable B-4 zoning designation, encompassing Planned Arterial Business District, Corridor Overlay (CO), and Regional Retail and Tourism Development District Overlay (RRTD). Its strategic position offers unparalleled accessibility, situated approximately 0.5 miles from I-26, exit 17, a recently renovated interchange. The site benefits from its proximity to several established residential neighborhoods, ensuring a robust customer base. Furthermore, its location near major employers such as ACT, Citi, and DialAmerica provides a significant advantage for businesses seeking a workforce-rich environment. The property's address is Boones Creek Rd, Johnson City, TN 37615, with the APN 029A A 011.00. This parcel is ideally suited for a variety of commercial ventures, capitalizing on its high visibility and convenient access to major transportation arteries and a substantial workforce. The asking price for this exceptional opportunity is $545,000. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Tennessee market.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Boones Creek Rd Johnson City, TN 37615
Johnson City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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