Highway 75 Commercial
3460 TN-75, Kingsport, TN 37663
COMMERCIAL - Kingsport, TN
Property size:
5,000 SFLot size:
7.69 AcresPrice / SF:
$189/SF- Added:
- Jan 31, 2026
- Days on Market:
- 113
- Last Refresh:
- May 24 at 6:06 pm
Property Features for 3460 TN-75
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B3
- Parking
- 50
- Standard status
- Active
- APN
- 107 026.00
- Size
- 5,000 SF
- Lot size
- 7.69 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4091
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2013
- Building materials
- Block, Stucco
- 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 Jan 31, 2026
MLS# 9990756
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
- High‑visibility location on Highway 75 with 11,000 vehicles per day traffic count.
- Income‑producing property generating $6,500 monthly with a 7.1% cap rate.
- Flexible B‑3/R‑4 zoning suitable for various commercial uses.
- Excellent accessibility with 446 feet of highway frontage and tractor‑trailer access.
- Centrally located within 15 minutes of Bristol, Kingsport, and Johnson City, with easy access to I‑26 and I‑81.
- 10,000 SF building on 7.69 acres with full public utilities, night lighting, and wide entry.
Overview
Located on Highway 75 in Sullivan County, this commercial property features a 10,000 square foot building on 7.69 acres. The site is zoned B-3/R-4 General Business and has 446 feet of highway frontage, offering excellent tractor-trailer access, a wide entry, night lighting, and full public utilities. The property is currently utilized for RV storage, business rental space, and three residential apartments, generating $6,500 in monthly income. An additional nearby parcel is available, suited for equipment storage or display. The property is located 2.5 miles from Tri-Cities Airport and is centrally located within 15 minutes of Bristol, Kingsport, and Johnson City, 4 miles to Interstate 26 and 10 miles to Interstate 81. The location benefits from an average traffic count of approximately 11,000 vehicles per day. The property's proximity to Boone Lake and the Boone Lake Recreation Area adds appeal for businesses serving both commercial and recreational markets.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$858.4K
NOI $77,253 @ 9.00% cap · cautious / downside scenario
Moderate
$1.10M
NOI $77,253 @ 7.00% cap · market / base-case scenario
Aggressive
$1.55M
NOI $77,253 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.2k | $23.04 |
| − Vacancy | −$4.8k | −$0.97 |
| EGI | $110.4k | $22.07 |
| − OpEx | −$33.1k | −$6.62 |
| NOI | $77.3k | $15.45 |
5,000 SF · lease $23.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.10M
$965.7K – $1.29M
NOI $77,253 @ 7.0% cap · market cap 8.14%
Second Best
Mixed Use
$626.8K
$548.4K – $731.3K
NOI $43,875 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,069 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.436376
- Latitude
- 36.457786
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing commercial property on Highway 75 in Kingsport, Tennessee.
Where is this mixed-use property located?
The property is located at 3460 TN-75 Kingsport, TN.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: High‑visibility location on Highway 75 with 11,000 vehicles per day traffic count.; Income‑producing property generating $6,500 monthly with a 7.1% cap rate.; Flexible B‑3/R‑4 zoning suitable for various commercial uses.
