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    Property profile & analytics

    121 Commerce St Johnson City, TN 37604-4708

    • Warehouses
    • 34,638 SF
    • 95.00 lot acres
    OFF-MARKET
    Value Estimation
    $525,000
    Location Intelligence
    Property ID
    US80-1750719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Little Magic Bar / Bar
    • Rouge Salon and Gallery / Barber Shop / Hair Salon
    • PrimeMD Aesthetics + Wellness / Medical Spa
    • Voodoo Chicken JC / Southern Restaurant (Us) / Chicken Restaurant

    Property Details for 121 Commerce St

    Year built
    1945
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    95.00 lot acres
    Property size
    34,638 SF
    Property type
    Warehouses
    APN
    046N L 02800
    APU
    046NL02800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3532
    Latitude
    36.3175
    CBSA code
    27740
    CBSA name
    JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $13,040
    $785,520
    $798,560
    -
    $32,600
    $1,963,800
    $1,996,400

    Comparable in this City

    • Value Estimation by Request
      21,720 SF

      408 Lafe Cox Dr

      WAREHOUSE, STORAGE • 21,720 SF
      408 Lafe Cox Dr, Johnson City, TN 37604-7446
      View Details
    • Value Estimation by Request
      2,400 SF

      412 Magnolia Ave

      WAREHOUSE, STORAGE • 2,400 SF
      412 Magnolia Ave, Johnson City, TN 37604-7318
      View Details
    • Value Estimation by Request
      4,030 SF

      259 Main St

      WAREHOUSE, STORAGE • 4,030 SF
      259 Main St, Johnson City, TN 37604-6271
      View Details
    • Value Estimation by Request
      7,740 SF

      3207 Hanover Rd

      WAREHOUSE, STORAGE • 7,740 SF
      3207 Hanover Rd, Johnson City, TN 37604-1463
      View Details
    • Value Estimation by Request
      2,880 SF

      Perma R Rd

      WAREHOUSE, STORAGE • 2,880 SF
      Perma R Rd, Johnson City, TN 37604
      View Details
    • Value Estimation by Request
      5,220 SF

      600 Walnut St

      WAREHOUSE, STORAGE • 5,220 SF
      600 Walnut St, Johnson City, TN 37604
      View Details

    Similar Nearby for Sale

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      Prime I-26 location, diverse development potential.
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    • $1,950,000
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    • $495,000
      1.46 Acres

      Johnson City Commercial Land - $495K

      1.46 Acres, Planned Business Zoning, I-26 Visibility
      2340 Peoples St, Johnson City, TN 37604
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    • $1,187,000
      1,421 SF

      Take 5 Oil Change Investment

      NNN ground lease with a strong, growing tenant.
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    • $845,000

      Prime Commercial Land For Sale

      1.07 acre site in redeveloping corridor, highly visible.
      738 West Walnut Street Ext, Johnson City, TN 37604
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    Similar Nearby for Lease

    • $2,600 /Mo
      1,800 SF

      Updated Commercial Space with Warehouse

      Versatile office and warehouse space on high-traffic highway.
      3708 W Market St, Johnson City, TN 37604
      View Details
    • $800 /Mo
      1,800 SF

      New Construction Storage Units

      New construction storage units for lease in Johnson City, TN.
      617 Collins Dr, Johnson City, TN 37604
      View Details
    • $2,750 /Mo
      4,750 SF

      Johnson City Flex/Industrial/Office Space

      4750 SF flex space with roll-up door for rent.
      501 Rolling Hills Dr, Johnson City, TN 37604
      View Details
    • $19 SF/Yr
      9,217 SF

      Waterbrooke Office Building For Sale/Lease

      Class A Office Space, Johnson City, TN
      2316 Knob Creek Rd, Johnson City, TN 37604
      View Details
    • Contact for pricing
      9,217 SF

      Class A Office Space

      High-profile office space available for sale or lease.
      Knob Creek Rd, Johnson City, TN 37604
      View Details
    • $12 SF/Yr
      4,500 SF

      Downtown Retail/Office Space Available

      4,500 SF retail/office space in the heart of Downtown.
      117 Spring St, Johnson City, TN 37604
      View Details

    Property Visit Statistics

    • Visits by month
      11.4k
    • Visitors by month
      10.3k
    • Avg Time on site
      21 min
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    121 Commerce St
    Johnson City, TN 37604-4708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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