Mixed-Use Property with Outdoor
New
For Sale
$549,000
3460 Highway 75, Kingsport, TN 37663
Commercial Sale, Kingsport, TN
Property Size10,000 SF
Lot Size5.33 Acres
Price / SF$109.80
Days on Market3
Property Features for 3460 Highway 75
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Parking
50
Subdivision
Not In Subdivision
Directions
From I81 Airport Exit take Airport Parkway to Hwy 75 Turn right on Hwy 75 for 2.7 Miles to property on right.
Standard status
Active
APN
107 026.20
Size
5,000 SF
Lot size
5.33 Acres
Taxes and HOA fees
Tax Annual Amount
3556
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
secure outdoor storage
lighted outdoor storage area
security fencing
automatic entrance gate
signage
private office
garage door
satellite and internet access
Building Details
Year built
2013
Building materials
Block, Stucco
Roof type
Metal
Listing Agency:
TCI Group - Jerry Petzoldt Agency, LLC
(423) 230-0255
Listed By:
Ed Mahaffey · License #355986
(423) 430-4215
Added: Oct 10
Changed: Oct 11
Last Checked: Oct 12 at 3:06PM
MLS# 10001994
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.
Set on 5.33 acres with B3 zoning, this two-story mixed-use property combines commercial and residential components. The ground floor has an open layout, a private office, and a 12-foot garage door; it is occupied by a resale shop tenant with approximately two years remaining on the lease. Upstairs are two finished apartments and additional unfinished space. Building features include block and stucco construction, central heating and air conditioning, and a metal roof. Public water and sewer serve the property.
An outdoor storage area is enclosed by security fencing and includes lighting, signage, and an automatic entrance gate. The property fronts Highway 75 and is described as near Tri-Cities Airport and Boone Lake, between the airport and Gray, Tennessee. Its electrical service includes 600-amp, three-phase capacity, two 75 kW transformers, one 480-volt outlet, and two 220-volt outlets.
An outdoor storage area is enclosed by security fencing and includes lighting, signage, and an automatic entrance gate. The property fronts Highway 75 and is described as near Tri-Cities Airport and Boone Lake, between the airport and Gray, Tennessee. Its electrical service includes 600-amp, three-phase capacity, two 75 kW transformers, one 480-volt outlet, and two 220-volt outlets.
Key Highlights
- 5.33 acres with B3 commercial zoning
- Two‑story building with two finished apartments and additional unfinished upper‑level space
- Ground floor includes an open layout, private office, and 12‑foot garage door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,875
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,500
$877.5K
Cap Rate 7%
$626,786
$626.8K
Cap Rate 9%
$487,500
$487.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$78.0K $15.60/SF
− Vacancy
−$7.8K −$1.56/SF
EGI
$70.2K $14.04/SF
− OpEx
−$26.3K −$5.27/SF
NOI
$43.9K $8.77/SF
Area
Sullivan County, TN
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,500
Cap Rate 7%
$626,786
Cap Rate 9%
$487,500
Alternative Uses
Best Use
Retail
$1.10M
$965.7K – $1.29M
NOI $77,253 @ 7.0% cap · market cap 14.07%
Second Best
Mixed Use
$626.8K
$548.4K – $731.3K
NOI $43,875 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,069 @ 7.0% cap · market cap 23.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 37663, TN
14,392
Population
6,679
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
558
Density / Sq Mi
$76,122
Median Household Income
$45,399
Median Earnings
$886
Median Rent
$224,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-story building combines commercial space, finished apartments, and unfinished upper-level area.
Where is this mixed-use property located?
The property is located at 3460 Highway 75 Kingsport, TN.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 5.33 acres with B3 commercial zoning; Two‑story building with two finished apartments and additional unfinished upper‑level space; Ground floor includes an open layout, private office, and 12‑foot garage door
