107 Roscoe Fitz Rd Johnson City, TN 37615
For Sale
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First time on the market for the purpose of commercial development! Two Retail Strip centers are currently being built! Modern Facade and 50% leased. The residential climate here is on fire and the commercial opportunities have never been better. This area of Johnson City has the city planners working full time in preparation for growth. The property is located just off I-26 (exit 13, Gray, TN, which is N. Johnson City). Over the last few years East TN has experienced unprecedented growth. Both single family and multifamily developers are building within close proximity to this property. 400+ homes, 100+ apartments. Here is a great opportunity to bring new grocery, fast food, retail, financial services etc…There is only one grocery store in the area and it does very well.
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Gutter Recovery Hardware & Home Improvement General Contractor
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.
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.