1880 Eastman Rd Kingsport, TN 37664
- Commercial real estate
- 47,117 SF
- 4.56 lot acres
Current Use by Public Records
- MERLE NORMAN COSMETICS STUDIO / Cosmetics Store / Beauty Salon
- Eat My Art / Gift Shop / Candy Store
- Magnolia Soap and Bath Kingsport TN / Health And Beauty Shop
- Harold Webb / Hand Surgeon / Plastic Surgeon
- Kumon Math and Reading Center / Learning Center / Tutoring Service
Property Details for 1880 Eastman Rd
- Year built
- 2009
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.56 lot acres
- Property size
- 47,117 SF
- Property type
- Commercial real estate
- APN
- 082046M D 00800
- APU
- 082046MD00800
Description
This exceptional Kingsport, TN commercial property, Reedy Creek Terrace, offers 53,952 square feet of versatile office and retail space across two, two-story buildings situated on a 4.56-acre lot. Built in 2009, this Class B property features multiple tenancies, with available spaces ranging from 1,200 to 4,000 square feet. The property boasts a prime location at 1880 N Eastman Rd, Kingsport, TN 37664, at a traffic light intersection with Ryder Drive, in a high-traffic retail area. Its strategic location offers easy access from I-26 (Exit 1) and places it less than a mile from Indian Path Community Hospital, Dobyns-Bennett High School, and the Kingsport Civic Auditorium. The property benefits from proximity to Eastman Chemical Company's Global Headquarters, employing 7,000 people. Current tenants include a diverse mix of businesses, including Panera Bread, Merle Norman, Fleet Feet, Citizens Savings & Loan, Annie's Room, Lux Nails, SportClips, Highland Professional Group, Southern Pool & Spa, Cornucopia, Tri-Cities Dance Co., Magnolia Soap, Eat My Art, Backdraft Custom Apparel, and Kumon Math & Reading. The property is zoned B3/M1R and has an APN of 046M D 008.00. First-generation spaces are available as vanilla boxes, with the landlord open to build-outs to tenant specifications. This presents a unique opportunity for businesses seeking a well-established location in a thriving commercial district.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,000,000
- 6.5%
- $1,005,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,045,000
- Geo Method
- $895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $815,000
- Mixed-Use
- $1,020,000
- Hospitality
- $800,000
- Educational
- $1,030,000
- Residential Income
- $1,000,000
- Energy
- $760,000
- Income-Based Land
- $895,000
- Food Service
- $865,000
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.5206
- Latitude
- 36.5434
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
