2817 Market St Johnson City, TN 37604
This exceptional 0.7-acre commercial land parcel, located at 2817 W Market St, Johnson City, TN 37604 (APN: 055E-A-001.11), presents a remarkable investment opportunity. Priced at $380,000, this fee simple property boasts a highly visible location with B4 & MS1 zoning, making it perfect for a variety of commercial ventures, including a stand-alone building or a retail strip center. Preliminary grading is complete, simplifying development. The property benefits from convenient access, including a transportation easement providing access to Lakebridge Nursing Home. Its strategic placement offers unparalleled visibility, situated seconds from Walmart and boasting the highest traffic count in Johnson City. Furthermore, its proximity to major employers—the VA Hospital, Ballad Health Hospital, and ETSU—ensures a robust customer base. Enjoy stunning mountain views from this exceptional site. Public utilities are readily available. Directions: From State of Franklin Road, turn onto W. Market Street toward Jonesborough. The property is on the left, after Universal Wine & Liquor Store and before the Atmos Energy building. A "For Sale" sign is clearly visible on the property.
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
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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.