Catylist ID:
#29733822
2.36 AC Prime Land, N. State of Franklin, Johnson City, TN
Vacant Land
for Sale
| Catylist Listing ID: | 29733822 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 2.36 Acres |
| Sale Price: | $1,749,000 |
| Unit Price: | $741,101 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/23/2020 |
Overview / Comments
|
This 2.36 acre lot is located 2 miles from I-26 along N. State of Franklin Road, beside new developments such as Academy Sports, Marriott, Buffalo Wild Wings, and AT&T, across the street from Med Tech Park, the prestigious medical corridor that includes Franklin Woods Community Hospital, The Wellness Center, and Johnson City Eye Clinic among other professional offices and financial institutions, and 1 mile from a new multi-family development and shopping. Owner also has an additional 2.6 acre adjacent lot for sale. The area was previously zoned MS-1, but is now zoned RTP. There is a healthcare non-compete clause associated with this land. Contact Realty Trust Group for additional information. |
Attachments & Media
Additional Details
| Nearest MSA: | Johnson City |
| County: | Washington |
| Tax ID/APN: | 45C B 007.00 |
| Zoning: | RTP |
| Property Visibility: | Excellent |
| Legal Description: | Parcel ID 45C B 007.00 |
| Largest Nearby Street: | N State of Franklin |
| Feet of Frontage: | 298 |
| Traffic/Vehicle Count: | 25,000 |
| Highway Access: | Located 2 miles from I-26 along N. State of Franklin Road. |
| Airports: | Tri-Cities Regional Airport |
| Site Description: | Located in Johnson City on the west side of State of Franklin Road at the intersection of State of Franklin Road and Med Tech Parkway. This lot fronts State of Franklin Road with access via Med Tech Parkway. |
| Area Description: | Johnson City is located in North East Tennessee. The beautiful scenery of the Appalachian Mountains surrounds this area that is driven by healthcare and education. To learn more, visit www.johnsoncitytn.com. |
| Lot Frontage: | 298 |
| Zoning Description: | This area was previously zoned MS-1, but is now RTP. |
| Topography: | Rolling |
| Easements Description: | This lot is encumbered by a drainage easement and a temporary transportation easement for a cul-de-sac until Heart Drive is extended. |
| Available Utilities: | Electric, Water, Sewer |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,635 | 46,094 | 81,896 |
| Median Age: | 47.3 | 39.45 | 38.91 |
| Households: | 2,163 | 19,515 | 34,812 |
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