Fully Fenced Warehouse Site with B3
1251 Montvue Road Kingsport, TN 37663
1251 Montvue Road, Kingsport, TN, 37663
$1,190,000
For Sale
$1,190,000
COMMERCIAL - Kingsport, TN
Property Size9,000 SF
Lot Size3.59 Acres
Price / SF$132.22
Days on Market1085
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 Agency
TCI Group - Jerry Petzoldt Agency, LLC
(423) 230-0255
5 Red Bush Court Suite 20, TN
Listed by
Ed Mahaffey · License #355986
(423) 430-4215
Added: Jul 30, 2023 Checked: Jul 18 at 3:06 pm
MLS# 9954909
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.
For sale is a fully fenced and gated commercial site featuring a commercial metal building suitable for a range of light industrial and commercial uses under B3 zoning. The property includes a 60' location sign to support visibility from surrounding traffic.
The site is positioned for highway access and exposure near Interstate 81 at exit 59, with visibility also supported by adjacent Highway 36. Reported daily traffic counts are 49,000 vehicles on I-81 at exit 59 and 24,000 on Highway 36.
The listing notes additional regional access to Interstate 26 and proximity to the Tri Cities airport, along with a broader presence within the Kingsport–Bristol MSA and near the Johnson City MSA border.
The site is positioned for highway access and exposure near Interstate 81 at exit 59, with visibility also supported by adjacent Highway 36. Reported daily traffic counts are 49,000 vehicles on I-81 at exit 59 and 24,000 on Highway 36.
The listing notes additional regional access to Interstate 26 and proximity to the Tri Cities airport, along with a broader presence within the Kingsport–Bristol MSA and near the Johnson City MSA border.
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 |
9,000 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.03M
$904.8K – $1.21M
NOI $72,384 @ 7.0% cap · market cap 6.08%
Second Best
Flex RnD
$932.7K
$816.1K – $1.09M
NOI $65,286 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,924 @ 7.0% cap · market cap 19.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- TWO DADS CATERING — 411 Meadow Ln, Kingsport, TN 37663
FAQs
What type of property is this?
Flex space - Warehouse and metal building on a fully fenced, gated site with B3 zoning and a location sign for highway visibility.
Where is this flex space located?
The property is located at 1251 Montvue Road Kingsport, TN.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 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
