
Tbd Jackson Boulevard, Jonesborough, TN 37659
Not In Subdivision · Washington County
Key Facts
Description
Prime Development Opportunity - Imagine The Possibilities! 8.67 prime commercial acres fronting busy Jackson Blvd (Hwy 11E) in Jonesborough, TN. The property is primarily clear and level with the western 3.85 acres containing the former Jonesborough 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 1,020' 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.
Property Information
Property Type
Land
Lot Size
8.66 acres
Lot Dimensions
1019x300x1323x380 IRR
Zoning
B1
Days on Market
11
MLS® Listing#
9988077
Property Features
Lot Features
Utilities
Sewer
Water Source
Schools
- Elementary:
- Jonesborough
- Middle:
- Jonesborough
- High:
- David Crockett
Financial Details
HOA
None
Parcel Number
052 221.01
Directions
From Johnson City, take W Market St., Highway 11E. Property is located on left at corner of Jackson Blvd and Forest Dr..
Affordability Calculator
$1,360,000
Estimated monthly payment
$36,192/mo
Principal $5,440,000 · Est. interest $7,589,284 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Jonesborough, TN
- $468,182
- Median Listing Price
- 66
- Median Days on Market
- 1,997
- Median Sq Ft
- $216
- Median Price / Sq Ft
- 163
- Active Listings
- This home’s price is 1352% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Jonesborough, TN.
Moving Cost Estimate
Listing Courtesy: TCI Group - Jerry Petzoldt Agency, LLC - 4232300255
Presented by: Ed Mahaffey