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Property profile & analytics
OFF-MARKET
Land

0 Tbd Peoples St Johnson City, TN 37604

2.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.75-acre commercial land parcel in Johnson City, Tennessee, presents a remarkable investment opportunity. Strategically located adjacent to a new Hobby Lobby, At Home, Holston Medical Group, and Guitar Center, this property boasts unparalleled visibility from I-26, a major thoroughfare with over 60,000 vehicles passing daily. Its convenient proximity to the Roan Street and State of Franklin Road exits ensures easy accessibility. The site's prime location also benefits from its close proximity to East Tennessee State University (ETSU), Johnson City Medical Center, the College of Pharmacy, and the VA, as well as numerous schools and residential communities. Zoned B4, this versatile property is ideally suited for a wide range of commercial developments, including hotels, restaurants, convenience centers, retail spaces, big-box stores, or assisted living facilities. The recent construction of a high-end senior living development just 1,000 feet away further underscores the area's growth and desirability. This is a rare opportunity to acquire a high-traffic, well-located commercial lot in a thriving market. The property is located at TBD Peoples St., Johnson City, TN 37604, Washington County. The asking price is $900,000.

Property profile
Verified
Property type Land
Lot 2.75 ac (119,790 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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