0 Land On Bobby Hicks Hwy Johnson City, TN 37615
This 1.9-acre commercial land parcel in Johnson City, Tennessee, presents a compelling investment opportunity. Located on Bobby Hicks Hwy, the property boasts approximately 360 feet of prominent road frontage, ensuring excellent visibility and accessibility for potential businesses. Its strategic location directly across the street from an O'Reilly Auto Parts store provides significant advantages in terms of foot traffic and brand recognition. The property's zoning allows for a variety of uses, including industrial, self-storage, multi-family residential, office, retail, retail-pad, and hospitality establishments, offering considerable flexibility for developers and investors. The expansive lot size provides ample space for constructing a substantial building or developing a multi-unit complex. The property's Assessed Parcel Number (APN) is 090012 12605, and the zip code is 37615. This prime location in Johnson City, combined with its versatile zoning and high visibility, makes this property an exceptional investment prospect with significant potential for future growth and profitability. The asking price for this remarkable opportunity is $150,000.
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.