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Property profile & analytics
OFF-MARKET
Land

1350 Bell Ridge Rd Johnson City, TN 37601

3.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.24-acre commercial land parcel in Johnson City, Tennessee, presents a unique investment opportunity. Located at 1350 Bell Ridge Rd, 37601, this property is zoned MX1/R3, offering considerable flexibility for development. The MX1 Mixed Use Neighborhood District allows for innovative building arrangements and open space, encouraging high-quality design. This zoning permits a variety of uses, including the possibility of four single-family homes or high-density apartments, with commercial, service, or office uses on the first floor and residential uses above. The property's convenient location near East Johnson City amenities such as Cardinal Park, Keystone Park, and the Tweetsie Trail adds significant value. The asking price is $99,000, translating to $36,728 per acre. The property's APN numbers are 090 047O A 00322 000 2020, 090 047O A 00321 000 2020, 090 047O A 00320 000 2020, and 090 047O A 00319 000 2020. This is an ideal site for developers seeking a prime location with versatile zoning options in a desirable Johnson City neighborhood. The property's size and zoning make it suitable for a range of projects, offering significant potential for return on investment. Don't miss this chance to acquire this exceptional piece of land.

Property profile
Verified
Property type Land
Lot 3.24 ac (141,134 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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