4200 Roan St Johnson City, TN 37601
This 1.06-acre commercial land parcel, located at 4200 N Roan St in Johnson City, Tennessee (zip code 37601), is offered at $685,000. Situated in the B1 Neighborhood Business District, this fee-simple property is level and ready for development. Its prime location directly behind a Walgreens Pharmacy and with high visibility of the Food City Shopping Center makes it an exceptional opportunity. Multiple crossover easements exist with the adjacent Walgreens, details of which are available in the Declaration of Easements, Covenants, Conditions, and Restrictions. The property's zoning allows for a variety of uses, including fast-food restaurants, branch banks, coffee shops, bakeries, or small retail strip centers. Convenient access to Interstate 26 and a vibrant residential community further enhance its appeal. The property is easily accessible via Highway 36, located just north of Indian Trail Middle School, before the Carroll Creek intersection and traffic light. A "FOR SALE" sign is currently displayed on the site. The APN is 029F/C/041.01.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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