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Kingsport Warehouse on High-Traffic Corridor

3377 E Stone Drive Kingsport, TN 37660

For Sale

$375,000

COMMERCIAL - Kingsport, TN

Property size:

5,000 SF

Lot size:

0.84 Acres

Price / SF:

$75/SF

For Sale

$375,000

COMMERCIAL - Kingsport, TN

Property size:

5,000 SF

Lot size:

0.84 Acres

Price / SF:

$75/SF

Added:: Apr 13, 2026
Days on Market:: 93
Last Refresh:: Jul 14 at 1:06 am

Property Features for 3377 E Stone Drive

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: M 1R
Parking: 60
Standard status: Active
APN: 032 08400 000
Size: 5,000 SF
Lot size: 0.84 Acres

Taxes and HOA fees

Tax Annual Amount: 1454

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating)
Cooling system: Wall Unit(s)
Water source: Public

Building Details

Year built: 1987
Building materials: Metal Siding
Roof type: Metal

Listing agent Ed Mahaffey License #355986

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

Listing date Apr 13, 2026

MLS# 9993788

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.

Located in a highly visible commercial area of Kingsport, this property at 3377 East Stone Drive presents an investment opportunity with both immediate income and potential for long-term growth. The property features a 5,000 square foot steel-frame warehouse, currently under a 2-year lease to a collision repair operator, generating an annual income of $30,000. The tenant is responsible for utilities. Constructed with crimped steel siding and a metal roof, the building is suitable for continued automotive use or various industrial applications. The property is situated on a level, fully fenced 0.84-acre lot along Highway 11W (East Stone Drive), benefiting from high visibility and a daily traffic count of approximately 22,500 vehicles. Zoned M1R, the site accommodates a range of light industrial and manufacturing uses. Key features include three 12' x 12' roll-up doors, a 16' ceiling height, and ample outdoor storage space. The property is serviced by public water and sewer and is located within the Kingsport city limits. It is well-suited for vehicle storage or equipment staging.

Key Highlights

Prime location on East Stone Drive (Highway 11W) with high visibility and 22,500 daily traffic count.
Immediate income of $30,000 annually from a 2‑year lease with tenant responsible for utilities.
Flexible M1R zoning allows for a variety of light industrial and manufacturing uses.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$49.8k	$9.96
− Vacancy	−$2.5k	−$0.50
EGI	$47.3k	$9.46
− OpEx	−$14.2k	−$2.84
NOI	$33.1k	$6.62

5,000 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.10M

$965.7K – $1.29M (±1% cap)

NOI $77,253 @ 7.0% cap · market cap 20.60%

Second Best

Warehouse

$574.5K

$502.7K – $670.2K (±1% cap)

NOI $40,214 @ 7.0% cap · market cap 10.72%

Theoretical Best

Office A

$1.87M

$1.64M – $2.18M (±1% cap)

NOI $131,069 @ 7.0% cap · market cap 34.95%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dr Pepper Snapple ... Corporate Office TAYLOR'S AUTO Auto Repair Shop

Suggested Use

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Similar Off Market Nearby

Stowaway Self Storage — 1400 Bridgewater Ln, Kingsport, TN 37660

For sale
Warehouses
TN
Kingsport
37660
3377 E Stone Drive

What type of property is this?

Warehouse - 5,000 SF warehouse with income and long-term upside.

Where is this warehouse located?

The property is located at 3377 E Stone Drive Kingsport, TN.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Prime location on East Stone Drive (Highway 11W) with high visibility and 22,500 daily traffic count.; Immediate income of $30,000 annually from a 2‑year lease with tenant responsible for utilities.; Flexible M1R zoning allows for a variety of light industrial and manufacturing uses.

3377 E Stone Drive Kingsport, TN 37660

COMMERCIAL - Kingsport, TN

Property Features for 3377 E Stone Drive

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

New Construction Industrial Warehouse/Office Facility

Flex Warehouse Property with Bay Doors

Multi-Use Investment Package in Kingsport

Industrial Garage Property with Two Buildings

Historic Riverfront Apartment Building

High Visibility Kingsport Commercial Property

Turn-Key Medical Office Opportunity

Kingsport Commercial Property on 6.19 Acres

Commercial Office Property Zoned P1

Two-Building Multifamily Investment

Kingsport Multifamily Investment Opportunity

Glass Office Building on Corner

Similar Off Market Nearby

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