116 Airport Rd Johnson City, TN 37615
This exceptional 3.47-acre commercial land parcel is ideally situated at the highly visible, lighted intersection of Kingsport Highway and Airport Road in Gray, Tennessee. The property boasts a mostly level and clear site, perfect for a wide range of commercial developments. Its B-3 General Business District zoning allows for diverse uses. Conveniently located near Tri-Cities Airport, Boone Lake, and major interstates I-26 and I-81, this property offers unparalleled accessibility. The site is approximately 2.5 miles from I-26 (exit 13) and 3.5 miles from I-81 (exit 59), ensuring easy access for customers and employees. The asking price is $999,000. The property's APN is 005 013.01, 005 013.02. This is a rare opportunity to acquire a strategically located commercial lot in a thriving area with excellent visibility and convenient access to major transportation routes. Don't miss this chance to capitalize on this prime location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.