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
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

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 daily traffic count exceeding 25,000 vehicles per day. The site offers access to major transportation routes and is in an area supported by nearby commercial and retail centers.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Total area 13,968 SF
Lot 1.24 ac (54,014 SF)
Zoning code R-1
APN 082134 02885
UPID US80-2218892

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office Financial Advisor

Location

4521 Bristol Hwy Johnson City, TN 37601
Johnson City metro Census 43301 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$350k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2005
$325,000

Zoning & alternative use

R-1 · Johnson City, TN
Zoning description

All special exceptions permitted in the R-1 Low Density Residential District. 6.2.2.2 Swimming clubs, tennis clubs, and similar recreational facilities, provided: A. They are owned and operated by private clubs organized…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $1.2M +69.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message