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    Flex Warehouse Property with Bay Doors Title is generated by Realmo AI

    320 Revere Street, Kingsport, TN 37660

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    For Sale
    $729,000

    COMMERCIAL - Kingsport, TN

    Property size:
    12,390 SF
    Lot size:
    1.13 Acres
    Price / SF:
    $58/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 320 Revere Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B 2
    Standard status
    Active
    APN
    046i A 01800 000 & 046i A 025.00
    Size
    12,390 SF
    Lot size
    1.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1565

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1948
    Building materials
    Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Dominick Abate

    Listing agent Dominick Abate License #373146

    Listing office The Addington Agency Bristol 121 Bluff City Hwy, Bristol, TN

    Listing date Jun 5, 2026

    MLS# 9996387

    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.

    HighLights

    • Brick commercial building built in 1948 in downtown Kingsport, TN.
    • Metal roof; public water and public sewer; natural gas available.
    • About 10,000 SF includes roughly 10,000 square feet of warehouse and operational space plus professional office space.
    • Two 14‑foot bay doors for deliveries, equipment, inventory, and commercial vehicles.
    • B2B zoning allows office, contractor operations, service businesses, light manufacturing, distribution, warehousing, and more.
    • Rear lot extending toward Burger King adds space for parking, storage, future expansion, or redevelopment.

    Overview

    320 Revere Street is a commercial flex building offering professional office space along with warehouse and operational area, totaling 12,390 square feet on 1.13 acres. The property includes two 14-foot bay doors to support deliveries, equipment movement, inventory handling, and commercial vehicle access. A rear lot extends toward Burger King, providing additional space for parking, storage, and potential future expansion or redevelopment.

    Located in Downtown Kingsport, Tennessee, the site is positioned for visibility and accessibility, with retail and redevelopment activity in the surrounding area. The property sits directly across from the original Pal’s Sudden Service. Buyers and agents should verify all information, and showings are by appointment only through ShowingTime or by contacting the listing agent.

    The B2 zoning provides flexibility for a wide range of business uses, including office space, contractor operations, service businesses, light manufacturing, distribution and warehousing, automotive-related businesses, retail showroom space, wholesale operations, and trade businesses. This combination of office support, warehouse access, and B2 zoning can fit companies seeking one location to run daily operations and meet customer or administrative needs, while also maintaining options for how the rear lot may be used over time.
    Property Profile Location Intelligence

    Current Use by Public Records

    Swank Studio Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Atlas Culinary Concepts — 325 clinchfield st, kingsport, tn 37660
    • Sweet and Savory Catering — 316 Cumberland St, Kingsport, TN 37660

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.562659
    Latitude
    36.550035

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    FAQs

    What type of property is this?
    Flex space - B2-zoned flex building with professional office space, warehouse area, and two 14-foot bay doors for deliveries and operations.
    Where is this flex space located?
    The property is located at 320 Revere Street Kingsport, TN.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: Brick commercial building built in 1948 in downtown Kingsport, TN.; Metal roof; public water and public sewer; natural gas available.; About 10,000 SF includes roughly 10,000 square feet of warehouse and operational space plus professional office space.
    (276) 275-7883
    We can help!
    Listing Contact
    Dominick Abate
    Real Estate License ID: 373146
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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