Property summary
Excellent property to own a locally established car lot just north of Johnston City. Car lot itself is .32 acre and then there are 3.52 acres of vacant land that sits alongside the car lot. This property offers a highly visible location, making it ideal for a variety of business uses. The lot has previously accommodated up to 40 vehicles, making it perfectly suited for auto sales, but it could also be used for storage building sales, trailer sales, or other commercial ventures such as a gaming/slot location or equipment sales. With strong road visibility and ample space for inventory and expansion, this property provides flexibility for many different business models. The current owner operates a thriving business, highlighting the strength of this location. Great opportunity for an entrepreneur or business looking to expand in a proven location. 02-12-200-048 parcel has building on it, 02-12-200-046 parcel is land to the north.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Johnston City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning