100 Highland Ave Johnson City, TN 37604
This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Johnson City, Tennessee. Located at the highly visible corner of S. Roan and University Parkway, this property boasts unparalleled signage exposure and benefits from a daily traffic count exceeding 30,000 vehicles. The site is strategically positioned immediately off Interstate 26, Exit 24, providing convenient access for travelers. Its proximity to East Tennessee State University, the VA Medical Center, and other key destinations makes it an exceptionally desirable location for a variety of commercial uses. The permitted zoning is PB, allowing for flexibility in development plans. With two potential pads available, this property is perfectly suited for a convenience store, restaurant, retail establishment, or hotel. The property's location at the first Johnson City exit for westbound I-26 travelers from Asheville, NC, and the last exit for eastbound travelers further enhances its appeal. This is a main thoroughfare for East Tennessee State University students and staff, ensuring consistent high visibility and foot traffic. The asking price is $425,000, and the property's address is 100 Highland Ave, Johnson City, TN 37604, with APN 090055A B 02900. Don't miss this chance to acquire a prime commercial property in a thriving area.
Cap rate
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Property description
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