Falcon Street Lot Adjacent to Mall

Vacant Land for Sale
Catylist Listing ID: 30162281
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 2.15 Acres
Sale Price: $225,000
Unit Price: $104,651 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2018

Overview / Comments

2.15 acres are available for sale in the sought-after area adjacent to the Mall at Johnson City. 1.65 acre portion of the property is a paved parking lot, subject to a long-term ground lease. 0.5 acre portion of the property is unpaved and available for development. The site is easily accessible from N Roan Street via traffic lights at Mockingbird Lane and Canary Street. The site is less than one mile from I-26, exit 20, and has a daytime population of 72,681 within a 3 mile radius. This is an excellent development opportunity in a high-volume retail district.

From I-26: Take exit 20, then travel south on N Roan St. Turn right onto Mockingbird Ln, then left onto Falcon St. Subject is immediately on the right.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046A D 001.10 & 046A D 001.13
Zoning: B-4
Property Located Between: Mockingbird Ln & Canary St
Property Visibility: Good
Largest Nearby Street: N Roan St
Traffic/Vehicle Count: 24,503
Highway Access: I-26
Airports: Tri Cities Regional Airport
Area Description: High-volume retail district surrounding the Mall at Johnson City
Zoning Description: Planned Arterial Business District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,485 48,100 84,862
Median Age: 50.54 38.71 38.92
Households: 2,127 20,774 36,313

Contact

Photograph of Listing Agent

John Speropulos, CCIM, SIOR

Mitch Cox Realtor, Inc. NETAR CMLS Member
Photograph of Listing Agent

Marc Murphy, CCIM

Mitch Cox Realtor, Inc. NETAR CMLS Member
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