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: 4/24/2018

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
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.