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Financial
Distress signals
Property profile

309 Main St Johnson City, TN 37601

OFF-MARKET
Retail space
Property ID
US80-1866821
50,044 SF 66 ac lot Built 1920
Last sale Sep 2019 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 309 E Main St in the heart of Johnson City, TN, presents a unique opportunity for businesses seeking a prominent downtown presence. Formerly occupied by JC Penney, this space is part of the ongoing Henry renovation/revitalization project, ensuring a vibrant and modern environment. The property offers a flexible layout encompassing 7,053 square feet of first-floor retail or office space, complemented by a 6,359 square foot mezzanine level, ideal…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$231k
Assessed land$18k
Assessed improvement$213k

Value estimate

· Oct 2026
$380k
$342k – $418k
Submarket $/SF estimate$1.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$46 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.6
Home Appliance Store8.7
Catering Service8.7

Location

309 Main St Johnson City, TN 37601
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3004 Bristol, Johnson City, TN 37601-1512 $1,643,185 Jul 2025 11,080 SF
333 Main, Johnson City, TN 37601-5709 $1,000,000 Apr 2025 15,417 SF
701 Roan, Johnson City, TN 37601-6825 $300,000 Oct 2024 10,010 SF
1433 Roan, Johnson City, TN 37601-7331 $2,231,154 Nov 2023 10,780 SF
2366 Elizabethton, Johnson City, TN 37601-7196 $1,986,767 Feb 2022 9,100 SF
3607 Roan, Johnson City, TN 37601-1221 $725,000 Jan 2022 12,896 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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