2920 Roan St Johnson City, TN 37601-1508
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.