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Jay Cottrell

jay.cottrell@lptrealty.com +1(423) 302-0862

$ 2,800,000

Est. payment | -/mo

167,706 SqFt

Save

$ 2,800,000

Est. payment | -/mo

Save

167,706 SqFt

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 167,706 sqft

Price per Sqft $16

Subdivision Not In Subdivision

MLS Listing ID 9992080

HOA Y/N No

Lot Size 3.850 Acres

Acres 3.5

Lot Dimensions 324' x 379'

Source Tennessee/Virginia Regional MLS

Property Description

Prime Development Opportunity - Imagine the Possibilities! 3.5 prime commercial acres fronting busy Jackson Blvd (Hwy 11E) in Jonesborough, TN. This property is the former Jonesborough Middle School located in the heart of the Jonesborough business district. The Middle School, a 66,000 sq. ft. brick facility that presents multiple redevelopment opportunities for commercial, mixed-use, business, or community uses. Zoned B1, site has 324' frontage on Jackson Blvd (Highway 11E) -- a 4-lane state highway, a major retail and commuter route with an average traffic count of over 26,000 vehicles per day. Centered in this high traffic area of Jonesborough, the property offers a rare combination of space and accessibility which is increasingly difficult to find in such an in-demand growth area of the Tri-Cities. The property is adjacent to new retail, restaurant, and banking developments and adjoins a future public park planned by the Town of Jonesborough. A 50' wide public right of way is provided along rear property line for developer/purchaser to build public street to provide access and vehicular circulation. Surrounding businesses include Lowe's, Food City, Bojangles, Starbucks and several new quick-serve restaurants, making this location the most desirable business corridor in Washington County. Whether you're an investor, developer, or institution seeking a prime green redevelopment site with immense potential, this property represents a rare opportunity in the heart of Jonesborough's expanding commercial district. Also available is the adjacent 4.8 vacant acres, see separate listing.

Location

State TN

County Washington

Community Not In Subdivision

Area 3.5

Zoning B1

Direction From Johnson City, take W Market St., Highway 11E. Property is located on left at corner of Jackson Blvd and Forest Dr..

Exterior

Utilities Available Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Street Surface Paved

Road Frontage City Street, Highway

Building

Lot Description Level, See Remarks

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Jonesborough

Middle Schools Jonesborough

High Schools David Crockett

Others

Senior Community No

Tax ID 052 221.01

Listed by Ed Mahaffey • TCI Group - Jerry Petzoldt Agency, LLC

Schools and Properties Nearby

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Get more info from a local expert!

Jay has been in real estate since 2015 and has a track record of success and extremely happy clients!

+1(423) 302-0862

jay.cottrell@lptrealty.com

Johnson City, TN, 37615

Learn More About LPT Realty

000 Jackson BLVD Jonesborough, TN 37659