3901 Bristol HwyJohnson City, TN 37601

Property Details for 3901 Bristol Hwy

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.81 AC

Property size (Sq ft)

14,000 SF

Property type

Office properties

Property subtype

Other office properties

APN

022 07315

APU

2207315

Description

This exceptional 1,415 square foot office space is ideally situated in Johnson City, offering a prime location for businesses seeking high visibility and convenient access. Built in 2006, this end-cap unit boasts a well-designed layout including three private offices, a dedicated conference room, a welcoming reception area, and a restroom. The space is currently vacant and immediately available for lease. The property is zoned B4 and located in Washington County, offering easy access to Piney Flats and major transportation arteries such as I-26 and the Johnson City motor mile. High traffic counts ensure significant exposure for your business. The minimum leasable space is 1,415 square feet, and this is also the maximum contiguous space available. This versatile space is suitable for a variety of office uses, including traditional office, executive office, and medical office settings. The property's strategic location and modern amenities make it an attractive option for businesses seeking a professional and accessible workspace. The building's design and location contribute to excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish a strong presence in the area. This is a multi-tenant building, offering a collaborative and professional environment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,703,838

  6.5%

  $2,495,850

  7%

  $2,317,575

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,152,620

  Geo Method

  $1,152,620

• Alternative Use

  Use

  Valuation

  Residential

  $3,094,854

  Hospitality

  $2,834,870

  Educational

  $2,358,578

  Medical

  $2,439,693

  Retail

  $3,668,900

Location Insight

City

Johnson City

County

Washington

State

Tennessee

Latitude

36.3816

Longitude

-82.3677

CBSA code

27740

CBSA name

JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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