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Property profile & analytics
OFF-MARKET
Commercial real estate

1507 Buffalo St Johnson City, TN 37604

5.04 ac lot
Property ID
US80-2042948
Property summary
AI-generated overview

This exceptional 5.04-acre parcel of land is strategically located at 1507 Buffalo Street in Johnson City, Tennessee, 37604. Its prime location offers easy access to major transportation arteries, being just half a mile from the Interstate 26 and University Parkway interchange. This advantageous positioning also places the property less than a mile from Johnson City's West Walnut Redevelopment Project, presenting significant potential for future growth and appreciation. The property is zoned RO1 - High Density Residential, allowing for a variety of development options, including high-density residential projects or professional office spaces. The expansive lot size provides ample opportunity for a substantial development undertaking. All interested parties are responsible for independently verifying all information provided. The asking price for this remarkable property is $649,500. This represents a unique investment opportunity in a rapidly developing area of Johnson City. The property's zoning and location make it an attractive prospect for developers seeking to capitalize on the area's growth trajectory. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 5.04 ac (219,542 SF)
UPID US80-2042948
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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