Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
192 Horizon Lane
Johnson City, TN 37604
Asking Price
$939K
Asset Type
Commercial Land
Class
Class B
What's Special
<p>1.897-acre lot is available for sale in the Food City shopping center on N State of Franklin Rd in Johnson City. Positioned between Johnson City Medical Center and Franklin Woods Community Hospital, the site is graded and benefits from a shared off-site stormwater retention pond. Water, sewer and power are stubbed to the site. The property is adjacent to the new TownePlace Suites hotel and offers easy access to a traffic light via Horizon Lane. Zoned B-4 (Planned Arterial Business District),
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
8.52%
DSCR
1.44
Strong
Cash-on-Cash
8.61%
Monthly Payment
$4,645.66
Annual Cash Flow
$24,252.084
