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Financial
Distress signals
Property profile

4521 Bristol Hwy Johnson City, TN 37601

FOR SALE
Other warehouses
Property ID
US80-2218892
13,968 SF 1.24 ac lot Built 1984
Last sale Jun 2005 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in the Tri Cities, Tennessee MSA, this property is a flex space building totaling 15,313 square feet, configured with cold storage and office space. The warehouse includes approximately 4,200 square feet of cold storage, along with a 4,000 square foot office area, and a 7,113 square foot warehouse component. Clear heights range from 14 to 24 feet. The warehouse is served by 1 dock door and 3 drive-in doors and is positioned for high visibility along a retail corridor with an advertised…

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$355k
Assessed land$47k
Assessed improvement$308k

Value estimate

· Oct 2026
$350k
$315k – $385k
Submarket $/SF estimate$1.01M
NOI build-up
Gross scheduled income$184k
Vacancy & credit loss−$11k
Operating expenses−$60k
NOI · 7.04% cap applied$112k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.04%
$112k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
R-1
All special exceptions permitted in the R-1 Low Density Residential District. 6.2.2.2 Swimming clubs, tennis clubs, and similar recreatio...
General categoryRESIDENTIAL
JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.9
Wholesale Shop9.3
Storage Facility8.9

Location

4521 Bristol Hwy Johnson City, TN 37601
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

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
Legion, Johnson City, TN 37601 $87,500 Apr 2024 19,232 SF
2711 Oakland, Johnson City, TN 37601-1843 $141,895 Jan 2024 14,730 SF
3115 Roan, Johnson City, TN 37601-1532 $2,150,000 Mar 2022 19,692 SF
1412 Main, Johnson City, TN 37601-4969 $135,000 May 2020 10,400 SF
2219 Eddie Williams, Johnson City, TN 37601-2840 $1,925,000 Nov 2018 22,256 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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