Heavy-Duty Truck Service
908 Eastern Star Road Ext, Kingsport, TN 37663
For Sale
Contact for pricing
Equipped with a truck wash, service pits, diesel fueling infrastructure, and integrated shop systems.
Property Size14,400 SF
Lot Size13.70 Acres
Price / SF$250
Days on Market32
Property Features for 908 Eastern Star Road Ext
General Information
Standard status
Size
Lot size
Property subtype
Automotive
Service Bays
Car Wash Bays
Fuel Pumps
Automotive Uses
Car Wash Format
Additional Details
Asking Price
Real Estate Included
Amenities
used-oil reclamation system
Clean Burn shop heaters
heated pressure washer
new-oil tank system
air compressors
paved and lighted yard
Building Details
Buildings
Listing Agency:
TCI Group-Jerry Petzoldt Agency LLC
(423) 230-0255
Listed By:
Dave Long
(423) 333-5438
Source:
Moodyscre
Added: Oct 9
Changed: Nov 7
Last Checked: Nov 8 at 8:21AM
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 TCI Group-Jerry Petzoldt Agency LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive service property includes approximately 14,400 square feet of building space, with a main repair shop, wash rack, and office and mezzanine areas. The shop has 14 truck service bays, 14 oversized roll-up doors—eight electrically powered—and an average ceiling height of approximately 20 feet. Four bays have full-length service pits with automatic lighting, and the wash rack is fully automated for truck washing.
A 4,800-square-foot fuel canopy covers an island with two main pumps and two satellite pumps, supplied by a 20,000-gallon double-walled underground diesel tank. The fuel system includes onsite monitoring and a Veeder-Root distribution security system.
Shop infrastructure includes integrated oil and air systems, three 10 HP compressors, a 1,200-gallon new-oil tank system plumbed to the service bays, and used-oil reclamation connected to Clean Burn heaters. A heated pressure washer and a largely paved, well-lit yard are also included.
A 4,800-square-foot fuel canopy covers an island with two main pumps and two satellite pumps, supplied by a 20,000-gallon double-walled underground diesel tank. The fuel system includes onsite monitoring and a Veeder-Root distribution security system.
Shop infrastructure includes integrated oil and air systems, three 10 HP compressors, a 1,200-gallon new-oil tank system plumbed to the service bays, and used-oil reclamation connected to Clean Burn heaters. A heated pressure washer and a largely paved, well-lit yard are also included.
Key Highlights
- Approximately 14,400 SF of building space with 14 truck service bays
- 14 oversized 14' W x 15' H roll‑up doors; eight are electrically powered
- Four full‑length service pits with automatic lighting; approximately 20' average shop ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,489
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,449,780
$4.4M
Cap Rate 7%
$3,178,414
$3.2M
Cap Rate 9%
$2,472,100
$2.5M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$331.8K $23.04/SF
− Vacancy
−$13.9K −$0.97/SF
EGI
$317.8K $22.07/SF
− OpEx
−$95.4K −$6.62/SF
NOI
$222.5K $15.45/SF
Area
Sullivan County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,449,780
Cap Rate 7%
$3,178,414
Cap Rate 9%
$2,472,100
Alternative Uses
Best Use
Retail
$3.18M
$2.78M – $3.71M
NOI $222,489 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,377 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$5.39M
$4.72M – $6.29M
NOI $377,478 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14
Service bays
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Velocity Truck Centers
Shops & Services
1,461 visits/mo
0.3 miles
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
Similar Off Market Nearby
- R & S Collision Center — 416 Mitchell Rd, Kingsport, TN 37663
- Free Service Tire & Auto Centers — 710 Eastern Star Rd, Kingsport, TN 37663
Frequently Asked Questions
What type of property is this?
Auto shop - Equipped with a truck wash, service pits, diesel fueling infrastructure, and integrated shop systems.
Where is this auto shop located?
The property is located at 908 Eastern Star Road Ext Kingsport, TN.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Approximately 14,400 SF of building space with 14 truck service bays; 14 oversized 14' W x 15' H roll‑up doors; eight are electrically powered; Four full‑length service pits with automatic lighting; approximately 20' average shop ceiling height
