Former Bank Building with
3269 Highway 126 Blountville, TN 37617
3269 Highway 126, Blountville, TN, 37617
$299,000
For Sale
$299,000
One-and-a-half-story former bank building with dual road access, ample paved parking, and a drive-through window.
Property Size2,227 SF
Lot Size0.82 Acres
Price / SF$134.26
Days on Market118
Property Features for 3269 Highway 126
General Information
- Standard status
- Active
- Size
- 2,227 SF
- Lot size
- 0.82 Acres
Listing agency
Greater Impact Realty Kingsport
(423) 239-6650
Listed by
Debbie Peters · License #375427
(423) 239-6650
Source
Exprealty
Added: Mar 27 Updated: Jul 22 at 2:38PM Checked: Jul 22 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greater Impact Realty Kingsport
Investment Insights
Based on property information with market context.
This one-and-a-half-story former bank building offers approximately 2,227 square feet of commercial space and a layout suited to professional office use. The property is described as well maintained and includes existing infrastructure, along with a drive-through window from its previous bank use.
The site provides two points of access, including direct frontage on Highway 126 and additional access from the Blountville Bypass. Parking is supported by approximately 7,500 square feet of asphalt paving, situated on a 0.82-acre lot. Public water and electricity are available, with individual sewer.
Zoned B-4, the building is presented as adaptable for a range of commercial applications that fit the district requirements. Built in 1975, the property’s combination of visibility, paved parking, and banking-era drive-through capability supports a variety of business and office configurations.
The site provides two points of access, including direct frontage on Highway 126 and additional access from the Blountville Bypass. Parking is supported by approximately 7,500 square feet of asphalt paving, situated on a 0.82-acre lot. Public water and electricity are available, with individual sewer.
Zoned B-4, the building is presented as adaptable for a range of commercial applications that fit the district requirements. Built in 1975, the property’s combination of visibility, paved parking, and banking-era drive-through capability supports a variety of business and office configurations.
Key Highlights
- Former one‑and‑a‑half‑story bank building with 2,227 SF of commercial space
- B‑4 zoned property with layout suited for professional offices and other B‑4 commercial uses
- Dual road access: on Highway 126 plus additional access from the Blountville Bypass
Local Financial Insights For Specialty Retail
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 | $33.4k | $15.00 |
| − Vacancy | −$2.0k | −$0.90 |
| EGI | $31.4k | $14.10 |
| − OpEx | −$7.9k | −$3.53 |
| NOI | $23.6k | $10.58 |
2,227 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$491.6K
$430.1K – $573.5K
NOI $34,409 @ 7.0% cap · market cap 11.51%
Second Best
Office B
$464.5K
$406.5K – $542.0K
NOI $32,518 @ 7.0% cap · market cap 10.88%
Theoretical Best
Office A
$834.0K
$729.7K – $973.0K
NOI $58,378 @ 7.0% cap · market cap 19.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - One-and-a-half-story former bank building with dual road access, ample paved parking, and a drive-through window.
Where is this office building located?
The property is located at 3269 Highway 126 Blountville, TN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Former one‑and‑a‑half‑story bank building with 2,227 SF of commercial space; B‑4 zoned property with layout suited for professional offices and other B‑4 commercial uses; Dual road access: on Highway 126 plus additional access from the Blountville Bypass
