Back to Search
Turn-Key Medical Office Suite

216 W Ravine Road Kingsport, TN 37660

216 W Ravine Road, Kingsport, TN, 37660
$289,900
For Sale
Claim this Listing
$289,900

COMMERCIAL - Kingsport, TN

Property Size1,300 SF
Lot Size0.50 Acres
Price / SF$223
AddedApr 6
Days on Market101
Last RefreshJul 15 at 11:06 pm

Property Features for 216 W Ravine Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
P1/R2
Parking
23
Standard status
Active
APN
046h N 020.00
Size
1,300 SF
Lot size
0.50 Acres

Taxes and HOA fees

Tax Annual Amount
857

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1992
Building materials
Brick
Roof type
Shingle

Listing agent Ed Mahaffey License #355986

Listing office TCI Group - Jerry Petzoldt Agency, LLC 5 Red Bush Court Suite 20, TN

Listing date Apr 6, 2026

MLS# 9993440

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully renovated commercial office property is purpose-built for medical and professional uses, offering a flexible floor plan with room for exam rooms, private offices, consultation areas, treatment spaces, and administrative support. Improvements include updated lighting and ceiling systems, hardwood flooring, HVAC improvements, completed masonry repairs, and other interior upgrades. The space also includes a kitchenette, restroom facilities, and two interior safes for secure storage. Existing drive-through window infrastructure is available for compatible service needs.

The property is positioned directly across from Ballad Health and offers ADA-accessible entrance and interior layout, along with dedicated on-site parking. Zoning is listed as P1/R2, and the site includes 23 dedicated parking spaces and visibility along a highly traveled corridor.

With its move-in-ready condition, accessible layout, and parking supply, the property is well suited to owner-users and professional operators seeking an established healthcare corridor address in Kingsport.

Key Highlights

  • Fully renovated commercial office built in 1992 with brick construction
  • Located directly across from Ballad Health
  • 23 dedicated on‑site parking spaces and ADA‑accessible entrance

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.4k $24.96
− Vacancy −$7.1k −$5.49
EGI $25.3k $19.47
− OpEx −$6.3k −$4.87
NOI $19.0k $14.60
1,300 SF · lease $24.96/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,982 @ 7.0% cap · market cap 6.55%
Second Best
Healthcare Medical
$214.1K
$187.4K – $249.8K (±1% cap)
NOI $14,988 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$486.8K
$426.0K – $568.0K (±1% cap)
NOI $34,078 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Volume Interactive Advertising Agency

Suggested Use

Auto Parts Store Storage Facility Garden Center Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Wine and Liquor Store Acupuncture Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Kingsport Veterinary Hospital — 524 W Center St, Kingsport, TN 37660
  • Kingsport Veterinary Hospital: Warren Ashley DVM — 524 W Center St, Kingsport, TN 37660
  • Kingsport Veterinary Hospital: Dotson Thomas DVM — 524 W Center St, Kingsport, TN 37660
  • Mangum Carpent Rachael DVM — 524 W Center St, Kingsport, TN 37660

FAQs

What type of property is this?
Medical Office Space - Fully renovated medical and professional office with ADA accessibility, multiple rooms, and 23 on-site parking spaces.
Where is this medical office space located?
The property is located at 216 W Ravine Road Kingsport, TN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Fully renovated commercial office built in 1992 with brick construction; Located directly across from Ballad Health; 23 dedicated on‑site parking spaces and ADA‑accessible entrance
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message