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Property profile & analytics
OFF-MARKET Estimated value $5,590,000
Auto shops

601 Collins Dr Johnson City, TN 37604-2624

17,416 SF 2.9 ac lot Built 2023
Entity Owned 3-yr Hold
Property ID
US80-1148741
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2023
Construction FRAME
Total area 17,416 SF
Lot 2.9 ac (126,324 SF)
Zoning code B-4
APN 053C C 01400
UPID US80-1148741
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.90M
Blend (final) Blend
$5.59M
Owner & transaction history
Mrph LP · 3 yrs held
Mrph LP
since 2023
Last sale
$5.8M
3 recorded transactions
2023
$5.8M
2022
$650,000
2021
Price N/A
Zoning & alternative use
B-4 · Johnson City, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6.17 - B-4 PLANNED ARTERIAL BUSINESS DISTRICT 6.17.1 INTENT: The B-4, Planned Arterial Business District is designed to encourage a unified development approach along the major highway corridors. The principal uses of land are devoted to commercial establishments which cater specifically to motor-vehicle-oriented trades and services. It is further intended t…

Zone name Planned Arterial Business District
General category COMMERCIAL
Zone area 3,491.52 ac
Source zoning
Top alternative use upside
Restaurant $4.9M +109.1%
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