1251 Montvue Road Kingsport, TN 37663
COMMERCIAL - Kingsport, TN
Property Features for 1251 Montvue Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B3
- Parking
- 20
- Standard status
- Active
- APN
- 106c C 001.05
- Size
- 9,000 SF
- Lot size
- 3.59 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4621
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating), Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent Ed Mahaffey License #355986 (423) 430-4215
Listing office TCI Group - Jerry Petzoldt Agency, LLC 5 Red Bush Court Suite 20, TN (423) 230-0255
Listing date Jul 30, 2023
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.
The property is described as visible from Interstate 81 at exit 59 and near adjacent Highway 36. Traffic counts provided for Interstate 81 at exit 59 are 49,000 vehicles per day, with an additional 24,000 on Highway 36, and Interstate 26 is described at 32,000 vehicles per day. The listing also states the location is approximately five miles from the Tri Cities airport and provides convenient access to East Tennessee, Southwest Virginia, and Western North Carolina. With B3 zoning, the property is presented as suitable for a range of highway-oriented and service-driven businesses, including public services, auto or boat sales, retail or wholesale operations, material supply, climate-controlled indoor storage, maintenance and repair, and commercial recreation and entertainment.
Key Highlights
- 3.25‑acre fully fenced and gated commercial property with a 13,500 SF metal building
- Year built 2006; metal siding and metal roof
- Utilities: public water and public sewer
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.6k | $9.96 |
| − Vacancy | −$4.5k | −$0.50 |
| EGI | $85.2k | $9.46 |
| − OpEx | −$12.8k | −$1.42 |
| NOI | $72.4k | $8.04 |
Alternative Uses
Property Analytics
Current Use by Public Records
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