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738 W Walnut St - W Walnut St Redevelopment Site 1.07 Acres of Commercial Land Offered at $845,000 in Johnson City, TN 37604
INVESTMENT HIGHLIGHTS
- Highly Visible on W Walnut St & W State of Franklin Rd
- Less than 1 mile from ETSU and Downtown Johnson City
- Desirable W Walnut St corridor, currently under redevelopment by City of Johnson City
- Located in a Qualified Opportunity Zone
EXECUTIVE SUMMARY
1.07 acre site is available for sale in the desirable W Walnut St corridor, which is currently under redevelopment by the City of Johnson City. The property is highly visible, with frontage on W Walnut St and W State of Franklin Rd. Within one mile are ETSU, Downtown Johnson City, ETSU’s Thomas Stadium, student housing and the well-established Tree Streets neighborhood. Located in a Qualified Opportunity Zone, this parcel is zoned WWD (West Walnut District) and DO (Design Overlay District), allowing for a variety of commercial uses.
From I-26: Take exit 23, then travel west on E Market St. Take the first left onto Colonial Way. In 2 blocks, turn right onto E State of Franklin Rd. Subject will be on the left in 0.9 miles.
From I-26: Take exit 23, then travel west on E Market St. Take the first left onto Colonial Way. In 2 blocks, turn right onto E State of Franklin Rd. Subject will be on the left in 0.9 miles.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $845,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 1.07 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | WWD & DO - West Walnut District & Design Overlay District | ||
| Price | $845,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.07 AC |
| Opportunity Zone |
Yes |
| Zoning | WWD & DO - West Walnut District & Design Overlay District |
1 LOT AVAILABLE
Lot
| Price | $845,000 | Lot Size | 1.07 AC |
| Price Per AC | $789,719.63 |
| Price | $845,000 |
| Price Per AC | $789,719.63 |
| Lot Size | 1.07 AC |
1.07 acre site in the desirable W Walnut St corridor, which is currently under redevelopment by the City of Johnson City. The property is highly visible, with frontage on W Walnut St and W State of Franklin Rd.
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738 W Walnut St - W Walnut St Redevelopment Site
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