Technical
Financial
Distress signals
Property profile

2307 Watauga Rd Johnson City, TN 37601

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1379215
1,768 SF 147 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,768 SF
Lot 147 ac (6,403,320 SF)
APN 039H E 01500
UPID US80-1379215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Crypto Atm Atm
  • Atm

Location

2307 Watauga Rd Johnson City, TN 37601-2879
Johnson City metro Census 61200 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2023
Last sale
$400,000
7 recorded transactions
2023
$400,000
2018
$165,000
2016
Price N/A
2009
$175,000
2004
Price N/A
1996
$77,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2307 Watauga Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message