Property profile

2424 Roan St Johnson City, TN 37601

OFF-MARKET
Drive through restaurants
Property ID
US80-2850817
2,853 SF 0.88 ac lot Built 2017
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional freestanding restaurant building, totaling 2,800 square feet, presents a unique opportunity for a discerning operator. Situated on a highly visible 0.88-acre lot on heavily trafficked North Roan Street in Johnson City, this property boasts excellent access and signage potential. Constructed in 2017, the building is in excellent condition and features existing restaurant infrastructure, minimizing upfront investment and allowing for a swift transition to operations. The previous tenant, Captain D's, successfully operated from this location, demonstrating the site's viability and strong potential for future success. The property is available for lease commencing March 1, 2024, offering immediate occupancy for a qualified tenant. This turnkey solution combines a prime location with established restaurant infrastructure, making it an ideal opportunity for expansion or a new venture. The ample space and high visibility ensure strong customer traffic and brand recognition. The 0.88-acre lot provides ample parking and potential for outdoor seating or expansion. This is a rare opportunity to acquire a well-located, move-in ready restaurant space in a thriving Johnson City market. Don't miss this chance to establish your business in a high-traffic area with existing infrastructure. Contact us today to schedule a showing and explore the possibilities.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Construction WOOD
Total area 2,853 SF
Lot 0.88 ac (38,333 SF)
APN 038H C 00603
UPID US80-2850817

Cap rate & NOI

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

Location

2424 Roan St Johnson City, TN 37601-1704
Johnson City metro Census 61301 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2026
Last sale
$1.7M
5 recorded transactions
2026
$1.7M
2025
Price N/A
2025
$949,000
2025
Price N/A
2017
$580,000

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 2424 Roan St?
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