3410 Market StJohnson City, TN 37604

Property Details for 3410 Market St

Year built

1962

Lot size

0.51 AC

Property size (Sq ft)

4,959 SF

Property type

Office properties

Property subtype

Other office properties

APN

053B E 02401

APU

053BE02401

Description

This exceptional 4,732-square-foot retail property, located at 3410 W Market St in Johnson City, Tennessee (zip code 37604), presents a unique opportunity for businesses seeking a versatile and prominent location. The property is classified as a traditional office space within a retail setting, offering multiple tenancy options. Its stand-alone design provides excellent visibility and accessibility from West Market Street. The building's total square footage is 4,732 square feet, providing ample space for a variety of commercial uses. The property's central Johnson City location ensures high foot traffic and easy access for customers. This adaptable space is ideal for entrepreneurs looking to establish a thriving business in a vibrant community. The property's layout is designed to accommodate multiple tenants, making it suitable for businesses seeking to share space or for a single tenant requiring a large footprint. The address is easily accessible and offers convenient parking for customers and employees. This property is ready for immediate occupancy and presents a rare opportunity to secure a prime retail location in a thriving Tennessee market. The space is currently available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $956,947

  6.5%

  $883,336

  7%

  $820,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $408,274

  Geo Method

  $408,274

• Alternative Use

  Use

  Valuation

  Residential

  $1,095,336

  Hospitality

  $1,003,322

  Educational

  $834,752

  Medical

  $863,461

  Retail

  $1,298,504

Location Insight

City

Johnson City

County

Washington

State

Tennessee

Latitude

36.3131

Longitude

-82.4177

CBSA code

27740

CBSA name

JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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