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    1526 E Stone Dr Kingsport, TN 37660

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    For Sale
    $750,000

    Newly updated commercial building with established tenant on Stone Drive.

    Property size:
    2,210 SF
    Lot size:
    0.33 Acres

    Property Features for 1526 E Stone Dr

    General Information

    Size
    2,210 SF
    Lot size
    0.33 Acres

    Source: TCI Group-Jerry Petzoldt Agency LLC Agent Glenn A. Perkins

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

    Overview

    Updated Commercial Building on Stone

    This is a newly updated 2,210 square foot commercial building located on Stone Drive. The property is currently tenanted by Apotheca, a regional dispensary specializing in natural health products, including CBD products and medical cannabis. Apotheca commenced a 7-year NNN lease in May 2022. The building has been remodeled inside and out, featuring a large paved parking area at the front, with employee parking and access at the rear. The lot measures 60 feet by 238 feet IRR, providing access from both Stone Drive and Bridgewater Lane. The property is situated on a busy section of Stone Drive, between O'Reilly Auto Parts and Appalachian Community Federal Credit Union.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Easy Money Loan Agency Apotheca Cannabis Dispensary Cannabis Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.523015
    Latitude
    36.549583

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    FAQs

    What type of property is this?
    Retail space - Newly updated commercial building with established tenant on Stone Drive.
    Where is this retail space located?
    The property is located at 1526 E Stone Dr Kingsport, TN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Tenant in place: Apotheca, a leading regional dispensary with a 7-year NNN lease commenced in May 2022.; - Newly updated **2,210 sq ft commercial building**.; - **High-traffic location on Stone Drive**, situated between O'Reilly Auto Parts and Appalachian Community Federal Credit Union.
    (423) 956-5707
    Request Owner's contact information
    1526 E Stone Dr Kingsport, TN 37660
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    Kingsport, TN 37660
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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
    1526 E Stone Dr Kingsport, TN 37660
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