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Investment Highlights

  • Located just off I-26 at Exit 13, offering easy access and high visibility.
  • Surrounded by growing residential neighborhoods, creating demand for retail and service businesses.
  • Positioned in a rapidly growing submarket with strong economic and population trends.
  • First-time market offering with multiple lots and a larger tract for commercial development.
  • Suitable for uses such as grocery, medical office, banking, hospitality, and dining.
  • Immediate area includes successful businesses that support commercial viability.

Executive Summary

1.20 Acres – Ground Lease Available
1.25 Acres – $1,000,000
1.05 Acres – $1,000,000
1.05 Acres – $1,000,000
Prime Commercial Development Opportunity – I-26 Exit 13 | Gray, TN
Now available for the first time, these highly visible commercial parcels offer a rare opportunity to establish your business in one of East Tennessee's fastest-growing markets. The property includes four commercial lots ranging from approximately 1.0 to 1.25 acres, along with an additional ±9-acre tract available for larger mixed-use or commercial development.
Strategically located just off Interstate 26 at Exit 13 in Gray (North Johnson City), the property benefits from outstanding visibility, easy access, and strong daily traffic. The surrounding area continues to experience significant residential and commercial growth, making this an ideal location for restaurants, convenience stores, medical offices, banks, hotels, retail, professional offices, automotive services, or other commercial users.
The parcels are situated adjacent to an established commercial area with successful neighboring businesses either open or preparing to open, including Jersey Mike's, Tropical Smoothie, Victory Vision Eye Clinic, Farm Bureau, Roma Nails, The Gray Fox Restaurant and Lotus Thai. Continued residential development in the immediate area is driving increased demand for additional retail, dining, and service-oriented businesses.
Whether you're a developer, investor, or business owner looking to build a custom facility, this is an opportunity to secure a premier commercial site in one of the Tri-Cities' most active growth corridors. With excellent interstate accessibility, strong demographics, and limited remaining commercial land in the area, these parcels are well positioned for long-term success.

Property Facts

Price $850,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Carwash
  • Convenience Store
  • Drugstore
  • Hotel
  • Medical
  • Restaurant
Total Lot Size 1.20 AC
Zoning C - Commercial

1 Lot Available

Lot

Price $850,000
Price Per AC $708,333.33
Lot Size 1.20 AC

The property includes four individual lots of just over 1 acre each and one larger tract of approximately 9 acres. The site is level and designed for commercial development, situated in a high-visibility area.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
019-045.05
Land Assessment
$17,225
Improvements Assessment
$0
Total Assessment
$17,225
  • Listing ID: 37258342

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: TBD Suncrest Dr., Johnson City, TN 37615

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