Fully Leased Mixed-Use
For Sale
$429,900
Pending
105 Brookfield Drive, Kingsport, TN 37663
Commercial Sale, Kingsport, TN
Property Size4,544 SF
Lot Size0.35 Acres
Days on Market93
Property Features for 105 Brookfield Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B 3
Parking
10
Subdivision
Brookfield Place
Directions
From Kingsport or Johnson City, take Hwy 36 into Colonial Heights and turn onto Brookfield Dr. Building almost immediately on right. (Pay attention not to confuse this Brookfield Dr with Brookfield Ln a few streets down.)
Standard status
Pending
APN
107p A 017.00
Size
4,544 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Annual Amount
1716
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1970
Building materials
Aluminum Siding, Brick
Roof type
Shingle
Listing Agency:
KW Johnson City · Keller Williams Realty
(423) 433-6500
Listed By:
Ryan McKinney · License #322580
(423) 773-1607
Added: Jul 15
Changed: Oct 8
Last Checked: Oct 15 at 12:06PM
MLS# 9998180
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 mixed-use property contains 4,544 square feet on a 0.35-acre site, with three commercial suites and three lower-level residential apartments. The commercial portion totals approximately 1,850 square feet and includes suites of approximately 400, 600, and 850 square feet. All six units are currently leased. Built in 1970, the property features aluminum siding and brick construction, a shingle roof approximately six years old, public water, and septic service. Street-level parking serves the commercial component.
The property is located at 105 Brookfield Drive in Kingsport, within an established commercial corridor. Access is available to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region. B 3 zoning applies to the property.
The property is located at 105 Brookfield Drive in Kingsport, within an established commercial corridor. Access is available to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region. B 3 zoning applies to the property.
Key Highlights
- Six‑unit mixed‑use property with three commercial suites and three residential apartments
- 4,544 square feet on 0.35 acres
- Commercial component totals approximately 1,850 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,904
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
$678.1K
Cap Rate 7%
$484,343
$484.3K
Cap Rate 9%
$376,711
$376.7K
Market Conditions
NOI Build-Up for 4,544 SF
Gross rent
$51.8K $11.40/SF
− Vacancy
−$3.4K −$0.74/SF
EGI
$48.4K $10.66/SF
− OpEx
−$14.5K −$3.20/SF
NOI
$33.9K $7.46/SF
Area
Sullivan County, TN
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
Cap Rate 7%
$484,343
Cap Rate 9%
$376,711
Alternative Uses
Best Use
Mixed Use
$569.6K
$498.4K – $664.6K
NOI $39,874 @ 7.0% cap · market cap 9.28%
Second Best
Multifamily LT 5
$484.3K
$423.8K – $565.1K
NOI $33,904 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,115 @ 7.0% cap · market cap 27.71%
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
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 37663, TN
14,392
Population
6,679
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
558
Density / Sq Mi
$76,122
Median Household Income
$45,399
Median Earnings
$886
Median Rent
$224,900
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 Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Six occupied units combine commercial suites and apartments within an established Kingsport commercial corridor.
Where is this mixed-use property located?
The property is located at 105 Brookfield Drive Kingsport, TN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Six‑unit mixed‑use property with three commercial suites and three residential apartments; 4,544 square feet on 0.35 acres; Commercial component totals approximately 1,850 square feet
