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154 Salvage Ln
Johnson City, TN 37604
Land For Sale · 24.21 AC

Investment Highlights

  • Conveniently located with 10 minute drive of Johnson City's three largest employers.

Executive Summary

Prime 24+ Acres of Mixed-Use Development Property on 11E Corridor, Johnson City with existing income. This exceptional 24+ acre property, strategically located along the bustling 11E corridor in Johnson City, offers a rare opportunity for mixed-use residential and commercial development. Boasting prime visibility and accessibility, the site includes two rental residences and two rental garages, as well as other business related buildings providing immediate income-generating potential. With its expansive acreage and versatile zoning, this property is ideal for investors or developers looking to capitalize on Johnson City's continued growth. The blend of residential and commercial space allows for multiple uses, making it perfect for future retail, possible manufacturing, office space, multi-family housing, or other commercial ventures. This is a unique opportunity to acquire a property with substantial development potential in one of the fastest-growing areas in the region. Contact us today to explore the possibilities! Deemed reliable, but not guaranteed.

Property Facts

Sale Type Investment
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Office Park
  • Retail Warehouse
Total Lot Size 24.21 AC
Zoning M-2 - Wholesale and light industry district

1 Lot Available

Lot

Price $4,862,200 CAD
Price Per AC $200,834.36 CAD
Lot Size 24.21 AC

Welcome to 154 Salvage Lane, nestled in the vibrant Johnson City. M-2 zoning offers a wealth of opportunities for businesses. 8,563 sq ft property on site offers a 3-bay garage and expansive warehouse space, perfect for a variety of industrial uses

Description

One of the key advantages of this location is its proximity to the bustling Hwy 11E. With a traffic count of 26,000 vehicles per day, businesses can enjoy high visibility and easy accessibility. This makes it an ideal spot for businesses looking to tap into the steady stream of potential customers passing by daily.

Property Taxes

Property Taxes

Parcel Number
053-059.00
Land Assessment
$137,045 CAD
Improvements Assessment
$14,414 CAD
Total Assessment
$151,459 CAD
  • Listing ID: 35097804

  • Date on Market: 2025-03-11

  • Last Updated:

  • Address: 154 Salvage Ln, Johnson City, TN 37604

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