This exceptional industrial property, located at 4216 W Stone Drive in Kingsport, Tennessee, presents a significant investment opportunity. The warehouse boasts a substantial 15,246 square feet of space, complemented by two smaller outbuildings, increasing the overall utility and potential for diverse uses. The property sits on a generous 5.78-acre lot, providing ample room for expansion, maneuvering, and potential future development. A key feature is the inclusion of a truck scale, enhancing operational efficiency and logistical capabilities. The property is zoned for industrial use, ensuring flexibility and compliance with local regulations. The asking price is $1,200,000. Its convenient location offers excellent accessibility, situated less than half a mile from a variety of established businesses including Pizza Hut, Wendy's, Taco Bell, CVS, McDonald's, Price Less Foods, Burger King, Mobile, Waffle House, and Western Union, ensuring high visibility and convenient access for employees and clients. This property is ideal for businesses seeking a well-located, spacious, and functional industrial space in a thriving area. The combination of size, amenities, and location makes this a compelling investment prospect.
Property Features for 4216 Stone Dr
General Information
Property type
Distribution properties
Square Feet
15,246 SF
Lot Size
251,777 SF
HighLights
$1,200,000 asking price.
15,246 square foot warehouse on 5.78 acres.
Includes main building and two smaller outbuildings.
Distribution property - Industrial warehouse, 15,246 sq ft, 5.78 acres.
Where is this distribution property located?
The property is located at 4216 Stone Dr Kingsport, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price.; 15,246 square foot warehouse on 5.78 acres.; Includes main building and two smaller outbuildings.
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4216 Stone Dr Kingsport, TN 31660
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4216 Stone Dr Kingsport, TN 31660
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Realmo Value Estimation
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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.
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
4216 Stone Dr Kingsport, TN 31660
More about this listing
4216 Stone Dr, Kingsport, TN
Dustin Looper
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4216 Stone Dr, Kingsport, TN
Dustin Looper
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4216 Stone Dr, Kingsport, TN
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4216 Stone Dr, Kingsport, TN
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4216 Stone Dr, Kingsport, TN
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to 4216 Stone Dr Kingsport, TN 31660
4216 Stone Dr, Kingsport, TN
Dustin Looper
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