0 Us-11E Jonesborough, TN 37659
Exceptional 1.04-acre commercial and residential lot in Jonesborough, Tennessee, is available for $199,900. This property boasts a prime location on US-11E, offering high visibility with over 30,000+ average daily traffic counts. Recently graded and ready for immediate construction, it presents a turn-key opportunity for both residential and commercial development. The B3 zoning allows for flexible use, making it ideal for a variety of projects. Enjoy convenient access to downtown Jonesborough, grocery stores, parks, and walking trails. Johnson City, I-81, and other amenities are also within a short driving distance. The gently sloping lot is perfect for a walkout basement, and public utilities are readily available. No HOA fees add to the appeal. Mountain views enhance the property's desirability. A significant advantage is a 20-year lease agreement with a billboard company generating $5,000 annual income. All information is from third-party sources and subject to buyer verification. This property is priced to sell and won't last long. The property is located in Washington County, Tennessee, zip code 37659.
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
Similar Nearby for Lease
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.