Mixed-Use Property with
100 Race Street, Kingston, TN 37763
For Sale
Contact for pricing
Commercial space combines professional office areas with a separate residential condominium and proximity to the courthouse.
Property Size2,778 SF
Price / SF$233.98
Days on Market54
Property Features for 100 Race Street
General Information
Standard status
Size
Property subtype
Financials
Gross Income
Average Monthly Rent
Units
Unit Mix
Multifamily Units
Listing Agency:
C/B Jim Henry and Associates
(865) 376-2121
Listed By:
Kathy May-Martin · License TN #250474
(865) 603-7230
Source:
Moodyscre
Added: Sep 17
Changed: Oct 26
Last Checked: Nov 8 at 7:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C/B Jim Henry and Associates
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Investment Insights
Based on property information with market context.
This mixed-use property includes 2,778 square feet of commercial space arranged with four private offices, a reception area, a waiting room, and one bathroom. The waiting area offers additional flexibility for future office or workspace configuration. A separate two-bedroom, one-bath condominium is also included and is currently rented, adding a residential component and ongoing income potential.
The property is located at 100 Race Street in Kingston, within walking distance of the courthouse. Its visibility and exposure to strong traffic support a range of professional, service-oriented, and office uses. The combination of dedicated commercial areas and an existing residential unit creates a flexible live-work or owner-user configuration.
The property is located at 100 Race Street in Kingston, within walking distance of the courthouse. Its visibility and exposure to strong traffic support a range of professional, service-oriented, and office uses. The combination of dedicated commercial areas and an existing residential unit creates a flexible live-work or owner-user configuration.
Key Highlights
- 2,778 square feet of commercial space
- Four private offices with reception and waiting areas
- Separate 2‑bedroom, 1‑bath condominium included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,753
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,060
$735.1K
Cap Rate 7%
$525,043
$525.0K
Cap Rate 9%
$408,367
$408.4K
Market Conditions
NOI Build-Up for 2,778 SF
Gross rent
$58.3K $21.00/SF
− Vacancy
−$9.3K −$3.36/SF
EGI
$49.0K $17.64/SF
− OpEx
−$12.3K −$4.41/SF
NOI
$36.8K $13.23/SF
Area
Roane County, TN
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,060
Cap Rate 7%
$525,043
Cap Rate 9%
$408,367
Alternative Uses
Best Use
Office B
$525.0K
$459.4K – $612.6K
NOI $36,753 @ 7.0% cap · market cap 5.65%
Second Best
Mixed Use
$433.4K
$379.2K – $505.6K
NOI $30,336 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$688.1K
$602.1K – $802.7K
NOI $48,164 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 37763, TN
15,465
Population
7,659
Households
2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
85.9 sq mi
ZIP Area
180
Density / Sq Mi
$77,039
Median Household Income
$41,138
Median Earnings
$811
Median Rent
$234,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space combines professional office areas with a separate residential condominium and proximity to the courthouse.
Where is this mixed-use property located?
The property is located at 100 Race Street Kingston, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,778 square feet of commercial space; Four private offices with reception and waiting areas; Separate 2‑bedroom, 1‑bath condominium included
