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Property profile & analytics
OFF-MARKET
Land

0 Boones Station Rd Gray, TN 37615

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre parcel presents a prime commercial development opportunity in the thriving Boones Creek area of Johnson City, Tennessee. Strategically located at the intersection of Lake Park Drive and Boones Station Road, this property boasts unparalleled visibility and high traffic counts due to its proximity to Interstate 26, exit 17 (less than a mile away). Situated in a rapidly expanding commercial district, this land offers significant potential for a variety of commercial ventures. The property is zoned for residential use, but the seller is open to build-to-suit options, accommodating the specific needs of prospective developers. Furthermore, the lot is divisible, allowing for flexibility in project scope and potential for multiple development opportunities. The address is Boones Station Road, Johnson City, TN 37615, within Washington County. Easy access to I-26 ensures convenient transportation for both employees and customers. This is an exceptional chance to acquire a highly visible and accessible lot in a rapidly growing commercial area. Detailed site plans and zoning information are available upon request. The asking price for this remarkable property is $300,000.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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
Current use
Occupant on record · Public records
  • Louisville Tile Hardware & Home Improvement Carpet & Flooring Store
  • Breakthrough Medical Medical Clinic
  • NationalRx Pharmacy
  • Nu-LifeRx Pharmacy
  • Dr. Joseph Pinyard Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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