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    2450 Memorial Blvd Kingsport, TN 37664

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    For Sale
    $2,000,000

    31,856 SF commercial building on 2.7 acres for sale.

    Property size:
    31,856 SF
    Lot size:
    2.79 Acres

    Property Features for 2450 Memorial Blvd

    General Information

    Size
    31,856 SF
    Lot size
    2.79 Acres

    Source: TCI Group-Jerry Petzoldt Agency LLC Agent Ryan Ketron

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kingsport Commercial Building For Sale

    This 31,856 sq ft commercial building is situated on 2.7 acres at the corner of Memorial Blvd, E. Center Street, and Wilburn Drive. The property is zoned B3 for general business use and is accessible from all sides, featuring a large paved parking lot surrounding the building and a large loading dock on the back side. Kingsport Fitness currently leases the left portion of the building. The right side, comprising 15,350 sq ft, is available for lease, previously occupied by Farmers Furniture. In 2017, this section was completely refurbished with new HVAC systems and a new roof installed by ACS in Johnson City. The property is suitable for retail, business, medical, or other commercial ventures requiring excellent visibility, ample space, and a central Kingsport location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Farmers Home Furniture ... Electronics Store Kingsport Fitness Gym Sunny Dayz Tanning ... Tanning Salon

    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.

    Similar Places Nearby

    Greenacres Shopping Center, Southland Shopping Center, Crown Point Shopping Center, Danny Nail Spa, Fort Henry Mall

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.515328
    Latitude
    36.53189

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    FAQs

    What type of property is this?
    Shopping center - 31,856 SF commercial building on 2.7 acres for sale.
    Where is this shopping center located?
    The property is located at 2450 Memorial Blvd Kingsport, TN.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location on a corner lot fronting a 4-lane boulevard with high visibility.; - Substantial 31,856 sq ft commercial building on 2.7 acres.; - Large paved parking lot and loading dock.
    (423) 429-8619
    Request Owner's contact information
    2450 Memorial Blvd 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
    2450 Memorial Blvd Kingsport, TN 37664
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