907 Cedar Grove Road Johnson City, TN 37604

Vacant Land for Sale
Catylist Listing ID: 30725857
Property Subtypes: Multi-Family
Gross Land Area: 5.82 Acres
Sale Price: $250,000
Unit Price: $42,955 Per Acre
In Opportunity Zone? Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/23/2021

Overview / Comments

This is a great development opportunity for anyone looking to build an create cash flow. The property is zoned RP-3, Multi-family, can fit 8.5 units per acre, with a total of 52 units with approval from city. Development concept plans are available. The tweetsie trail is close by. Buy/buyers agent to verify all info.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090055B D 00112
Zoning: RP-3
Property Located Between: Property is on Milligan Highway
Largest Nearby Street: Milligan Hwy
Highway Access: Milligan Hwy, I-26 Nerby
Airports: Tri-Cities
Available Utilities: Electric, Water
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,196 42,665 69,784
Median Age: 33.48 36 38.38
Households: 3,294 17,928 29,952

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