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Property profile & analytics
OFF-MARKET
Office Spaces

2920 Roan St Johnson City, TN 37601-1508

3,065 SF 0.56 ac lot Built 1974
Individually Owned 2-yr Hold Free & Clear
Property ID
US80-0409750
Property summary
AI-generated overview

This single-tenant office building, located at 2920 N Roan St in Johnson City, TN 37601, offers 3,065 square feet of versatile space. Built in 1974 and renovated in 2005, the property sits on a 0.56-acre lot and is zoned for commercial use. The one-story building is ideal for a variety of office uses, including traditional, executive, medical, or creative office spaces. The property's current tenant is vacating, presenting an excellent opportunity for a new business to establish itself in this prime location. The property features a single tenancy, simplifying occupancy and management. The building's suitability for a new tenant is subject to the owner's approval. The property's Assessor's Parcel Number (APN) is 038AA 020.05. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a desirable Johnson City location. The property's size and zoning make it suitable for a range of businesses seeking a convenient and established space. The transition from the previous tenant to a new occupant should be straightforward. The property's location offers easy access to local amenities and transportation routes.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,065 SF
Lot 0.56 ac (24,394 SF)
APN 038A A 02005
UPID US80-0409750
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
Current use
Occupant on record · Public records
  • Advance Financial Loan Service
  • Bitstop Bitcoin ATM Crypto Atm Atm
  • Action 24/7 Bank Credit Union
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Don R Ershig · 2 yrs held
Don R Ershig
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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