Fenced Warehouse with Roll-Up
For Sale
$375,000
3377 E Stone Drive, Kingsport, TN 37660
Commercial Sale, Kingsport, TN
Property Size5,000 SF
Lot Size0.84 Acres
Price / SF$75
Days on Market186
Property Features for 3377 E Stone Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M 1R
Parking
60
Subdivision
Not In Subdivision
Directions
From Kingsport travel east on 11W. Property is on right just across from Acadia Dr.
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
Amenities
3 roll-up doors
16' ceiling height
public water
public sewer
Building Details
Year built
1987
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
TCI Group - Jerry Petzoldt Agency, LLC
(423) 230-0255
Listed By:
Ed Mahaffey · License #355986
(423) 430-4215
Added: Apr 13
Changed: Oct 2
Last Checked: Oct 15 at 5:06AM
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.
This 5,000 SF warehouse occupies a level, fully fenced 0.84-acre parcel and was built in 1987 with a steel frame, metal siding, and a metal roof. The building includes three 12' x 12' roll-up doors, 16' ceiling height, and outdoor storage area suitable for vehicle storage or equipment staging. Electric heating, wall-unit cooling, public water, and public sewer serve the property.
The property is currently leased to a collision repair operator under a 2-year lease, with the tenant responsible for utilities. Located at 3377 E Stone Drive in Kingsport, the site fronts Highway 11W within the city limits and benefits from an approximately 22,500-vehicle daily traffic count. Its existing configuration supports continued automotive use or other industrial applications.
The property is currently leased to a collision repair operator under a 2-year lease, with the tenant responsible for utilities. Located at 3377 E Stone Drive in Kingsport, the site fronts Highway 11W within the city limits and benefits from an approximately 22,500-vehicle daily traffic count. Its existing configuration supports continued automotive use or other industrial applications.
Key Highlights
- 5,000 SF steel‑frame warehouse on a 0.84‑acre parcel
- Three 12' x 12' roll‑up doors and 16' ceiling height
- Fully fenced, level site with outdoor storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,117
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,340
$662.3K
Cap Rate 7%
$473,100
$473.1K
Cap Rate 9%
$367,967
$368.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$49.8K $9.96/SF
− Vacancy
−$2.5K −$0.50/SF
EGI
$47.3K $9.46/SF
− OpEx
−$14.2K −$2.84/SF
NOI
$33.1K $6.62/SF
Area
Sullivan County, TN
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,340
Cap Rate 7%
$473,100
Cap Rate 9%
$367,967
Alternative Uses
Best Use
Retail
$1.10M
$965.7K – $1.29M
NOI $77,253 @ 7.0% cap · market cap 20.60%
Second Best
Warehouse
$574.5K
$502.7K – $670.2K
NOI $40,214 @ 7.0% cap · market cap 10.72%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,069 @ 7.0% cap · market cap 34.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
22,500 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37660, TN
39,479
Population
20,405
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
65.7 sq mi
ZIP Area
601
Density / Sq Mi
$46,913
Median Household Income
$34,164
Median Earnings
$833
Median Rent
$177,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal-sided industrial building with outdoor storage and current automotive occupancy.
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: 5,000 SF steel‑frame warehouse on a 0.84‑acre parcel; Three 12' x 12' roll‑up doors and 16' ceiling height; Fully fenced, level site with outdoor storage area
