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1251 Montvue Rd Kingsport, TN 37663

OFF-MARKET Warehouses Google Maps
13,500 SF 3.59 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 13,500 square foot commercial metal building sits on a fully fenced and gated 3.59-acre lot in Kingsport, Tennessee. Its versatile design is suitable for various businesses, including warehouse, light manufacturing, or retail showroom uses. Boasting a prominent 60' location sign, the property benefits from high visibility due to its proximity to Interstate 81 (49,000 daily traffic count at exit 59) and Highway 36 (24,000 daily traffic count). Additional access is provided by Interstate 26 (32,000 daily traffic count), offering easy access to East Tennessee, Southwest Virginia, and Western North Carolina. The Tri-Cities Airport is conveniently located within 5 miles. The property is zoned B3, allowing for a wide range of businesses, including highway-oriented establishments, public services, auto or boat sales, retail or wholesale operations, material supply, climate-controlled storage, maintenance and repair services, and even commercial recreation and entertainment. Its strategic location within the Kingsport-Bristol MSA and on the border of the Johnson City, TN MSA provides access to a large population base, with over 300,000 residents and more than 125,000 households in adjacent counties. The asking price is $1,385,000, with a price per square foot of $102.59. The property features one single-story building and is offered as a NNN lease. Johnson City is 10 minutes away, and Bristol is a 20-minute drive. The property's address is 1251 Montvue Rd, Kingsport, TN 37663, with APN 082106CC00101.

Property profile

Verified
Property type Warehouses
Total area 13,500 SF
Lot 3.59 ac (156,380 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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