5700 Bobby Hicks Hwy Johnson City, TN 37615
This exceptional 1-10 acre industrial land parcel, located at 5700 Bobby Hicks Hwy in Johnson City, Tennessee (APN: 090005O B 00401), is offered at $275,000. The asking price translates to $250,000 - $275,000 per acre. Situated in Washington County, zip code 37615 (36.4279619, -82.4561355), this property boasts a highly visible location slightly elevated above Bobby Hicks Highway, providing excellent exposure for potential development. Its strategic position between Interstate 26 and Tennessee State Route 75 (Kingsport Highway) ensures easy access and high traffic volume. The site's versatility makes it suitable for a wide range of commercial uses, including grocery stores, retail developments, and office/retail combinations. The area is considered prime for additional grocery stores, making this an A+ location for investors seeking high-return opportunities. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving commercial area.
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
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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.