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Financial
Distress signals
Property profile

920 N State Of Franklin Rd Johnson City, TN 37604

FOR LEASE
Commercial real estate
Property ID
US80-2850419
74,791 SF 11.56 ac lot Built 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail space, located at 920 N State of Franklin Rd in Johnson City, Tennessee, 37604, offers 3,790 square feet of versatile space ideal for a variety of businesses. Classified as a Class B property, it's perfectly suited for retail, office, or service-based tenants. The property boasts a highly desirable multiple tenancy arrangement within the State of Franklin Shops, ensuring a vibrant and active environment. Its prime location in a thriving area provides excellent…

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$3.41M
Assessed land$1.24M
Assessed improvement$2.17M

Value estimate

· Oct 2026
$11.96M
$10.76M – $13.15M
CAP approach$13.98M
Submarket $/SF estimate$13.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$44 – $188

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.9
Wholesale Shop17.5
Auto Parts Store14.4

Location

920 N State Of Franklin Rd Johnson City, TN 37604
County assessor Recorded deeds · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
102 Lp Auer, Johnson City, TN 37604-5182 $350,000 Jan 2025 20,000 SF
3547 Market, Johnson City, TN 37604-9301 $585,000 Oct 2024 9,600 SF
3502 Market, Johnson City, TN 37604 $2,727,000 Apr 2024 10,400 SF
612 Lyle, Johnson City, TN 37604-8001 $2,450,000 Nov 2023 10,620 SF
2808 Market, Johnson City, TN 37604-5166 $600,000 May 2023 10,000 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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