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Financial
Distress signals
Property profile

309 Wesley St Johnson City, TN 37601

FOR SALE
Other warehouses
Property ID
US80-1299899
2,400 SF 3.4 ac lot Built 1990
Last sale Jul 2026 · $360,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial warehouse facility located within an established industrial park, minutes from I-26 and across from Coca-Cola. It is zoned I-1 and sits on approximately 3.4 acres, providing space for outdoor storage, fleet parking, expansion, or potential future development. The brick building is approximately 2,400 square feet, including about 176 square feet of office space and about 2,224 square feet of heated warehouse/garage space, with insulated walls and ceilings and 12-foot…

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$110k
Assessed land$81k
Assessed improvement$29k

Value estimate

· Oct 2026
$220k
$198k – $242k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$10k
Operating expenses−$12k
NOI · 8.88% cap applied$35k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$32 – $72

Cap rate analysis

How does the asset earn?
8.88%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Electrical Service11.8
HVAC Service9.9

Location

309 Wesley St Johnson City, TN 37601
County assessor Recorded deeds · 2 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
304 Maple, Johnson City, TN 37601-5804 $70,000 Sep 2024 2,660 SF
2020 Fairview, Johnson City, TN 37601-2857 $400,000 Apr 2023 7,116 SF
140 Broadway, Johnson City, TN 37601-4992 $220,000 Jun 2021 3,516 SF
104 Jay, Johnson City, TN 37601-4865 $77,500 Jun 2019 3,976 SF
1706 Main, Johnson City, TN 37601-7905 $200,000 Apr 2019 4,920 SF
3012 Oakland, Johnson City, TN 37601-1588 $190,000 Jan 2019 4,850 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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