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    152 Headtown Rd Jonesborough, TN 37659
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    Property profile & analytics

    152 Headtown Rd, Jonesborough, TN 37659

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    • Grocery and convenience stores
    • 6,238 SF
    • 9.90 lot acres
    Prime Commercial Outparcel For Sale For Sale
    $499,000
    0.56 Acres

    Prime Commercial Outparcel For Sale

    0.56 acre graded outparcel near signalized intersection.

    152 Headtown Rd, Jonesborough, TN 37659
    View Listing
    Property ID
    US80-1071581
    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.

    Value Estimations
    Cap Rate Potential
    4.6%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Weigel / Gas Station
    • Weigel's / Grocery & Convenience Store

    Property Details for 152 Headtown Rd

    Year built
    2022
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.90 lot acres
    Property type
    Grocery and convenience stores
    APN
    052 23100
    APU
    5223100

    Description

    This exceptional 0.56-acre commercial outparcel presents a unique investment opportunity in Jonesborough, Tennessee. Located at 152 Headtown Rd, 37659, this graded lot boasts excellent ingress and egress, situated adjacent to a newly constructed Weigel's convenience store at a signalized intersection. The property's strategic location offers significant advantages, benefiting from high visibility and convenient access for potential businesses. Its proximity to the intersection of Headtown Road and Highway 11E provides an alternative route for commuters traveling between Jonesborough and Johnson City, ensuring consistent traffic flow. Furthermore, the site's close proximity to major employers, including Johnson City Medical Center (approximately 4 miles away), East Tennessee State University (ETSU) with its 13,300 student enrollment, Quillen College of Medicine, and the Veteran Affairs Hospital, guarantees a substantial and diverse customer base. The property is zoned B3, allowing for a variety of commercial uses. Offered for sale or ground lease, this parcel represents a compelling investment opportunity in a thriving and rapidly growing area. The site's prime location and convenient access make it ideal for a wide range of commercial ventures. Don't miss this chance to secure a highly visible and accessible location in a dynamic market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,140,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,625,000
      6.5%
      $1,500,000
      7%
      $1,395,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,016,000
      Market price range: $305k - $1.02M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,695,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jonesborough
    County
    Washington
    State
    Tennessee
    Longitude
    -82.4477
    Latitude
    36.3045
    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
    $769,960
    $552,400
    $1,322,360
    -
    $1,924,900
    $1,381,000
    $3,305,900
    View Listing
    More about this property
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