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    Property profile & analytics

    931 State Of Franklin Rd Johnson City, TN 37604-7904

    • Auto shops
    • 12,177 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US80-0404824
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Barry Heating & Air Conditioning LLC / Hvac Contractor
    • Residential, Commercial, and Industrial HVAC Johnson City / Air Conditioning Contractor

    Property Details for 931 State Of Franklin Rd

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.72 lot acres
    Property size
    12,177 SF
    Property type
    Auto shops
    APN
    045L B 00300
    APU
    045LB00300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $235,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $270,000
      Mixed-Use
      $260,000
      Hospitality
      $220,000
      Educational
      $275,000
      Residential Income
      $200,000
      Energy
      $245,000
      Income-Based Land
      $235,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3959
    Latitude
    36.3243
    CBSA code
    27740
    CBSA name
    JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $135,920
    $109,720
    $245,640
    -
    $339,800
    $274,300
    $614,100

    Comparable in this City

    • Value Estimation by Request
      3,308 SF

      621 Collins Dr

      AUTO REPAIR, GARAGE • 3,308 SF
      621 Collins Dr, Johnson City, TN 37604-2624
      View Details
    • Value Estimation by Request
      23,145 SF

      401 Market St

      AUTO REPAIR, GARAGE • 23,145 SF
      401 Market St, Johnson City, TN 37604-5503
      View Details
    • Value Estimation
      $5,635,000
      17,416 SF

      601 Collins Dr

      AUTO REPAIR, GARAGE • 17,416 SF
      601 Collins Dr, Johnson City, TN 37604-2624
      View Details
    • Value Estimation
      $400,000
      925 SF

      501 Rolling Hls Dr

      AUTO REPAIR, GARAGE • 925 SF
      501 Rolling Hls Dr, Johnson City, TN 37604-7483
      View Details
    • Value Estimation by Request
      7,884 SF

      3006 Market St

      AUTO REPAIR, GARAGE • 7,884 SF
      3006 Market St, Johnson City, TN 37604-9306
      View Details
    • Value Estimation by Request
      5,840 SF

      160 Lynn Rd

      AUTO REPAIR, GARAGE • 5,840 SF
      160 Lynn Rd, Johnson City, TN 37604-2600
      View Details

    Similar Nearby for Sale

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      3,500 SF remodeled property in revitalized downtown district.
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      Thriving Turn-key Restaurant & Brewery
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    Similar Nearby for Lease

    • New
      $340,000
      1,820 SF

      Commercial Property with Additional Lot

      Commercial property suitable for office, retail, or service-related use.
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    • $34 SF/Yr
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      University Centre Office Space

      Johnson City, TN retail & office space available
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    • $15 SF/Yr
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      Retail Space Near Walmart

      Retail space for lease in high-traffic area near Walmart.
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    • $12 SF/Yr
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      Downtown Retail/Office Space Available

      4,500 SF retail/office space in the heart of Downtown.
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    • $16 SF/Yr
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      Downtown Johnson City Retail Space

      Highly visible retail space for lease in downtown Johnson City.
      128 Spring St, Johnson City, TN 37604
      View Details
    • $9 SF/Yr
      3,600 SF

      Retail Space on W Market

      3,600 SF retail space with high visibility.
      2811 W Market St, Johnson City, TN 37604
      View Details
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    931 State Of Franklin Rd
    Johnson City, TN 37604-7904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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