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    1916 Sherwood Rd Kingsport, TN 37664

    For Sale
    $250,000

    Prime Retail Space, 1,596 sq ft

    Property size:
    1,596 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 1916 Sherwood Road in Kingsport, Tennessee, presents a unique investment opportunity. The 1,596 square foot building sits on a 0.18-acre lot and is being offered for sale "as is." Previously occupied by Nick's Restaurant, this location boasts excellent visibility and is ideally suited for a variety of retail businesses. The building's existing layout offers ample space for customization to meet the needs of a new tenant. The property's convenient location within Kingsport provides easy access to major roadways and a strong customer base. This is a chance to acquire a well-situated commercial property in a thriving area at an attractive price point of $250,000. The property's "as is" condition allows for creative redevelopment and customization, making it an ideal canvas for an entrepreneur's vision. Serious inquiries are encouraged to explore the potential of this prime retail space and capitalize on this exceptional investment opportunity in the heart of Kingsport. The 0.18-acre lot offers ample space for potential expansion or outdoor seating, depending on the intended use. Don't miss this chance to own a piece of Kingsport's commercial landscape.

    Property Features for 1916 Sherwood Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,596 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.52486
    Latitude
    36.52906

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail Space, 1,596 sq ft
    Where is this commercial real estate located?
    The property is located at 1916 Sherwood Rd Kingsport, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    (423) 378-4511
    Request Owner's contact information
    1916 Sherwood Rd Kingsport, TN 37664
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    Kingsport, TN 37664
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1916 Sherwood Rd Kingsport, TN 37664
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