Financial
Distress signals
Property profile

475 Morelock St Kingsport, TN 37660

FOR SALE
Other warehouses
Property ID
US80-3475869
5,600 SF 3.29 ac lot Built 2004
Last sale Sep 2024 · $802,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 5,600 SF commercial flex/warehouse building with six oversized garage bays—four 12-foot bays and two 15-foot bays—configured with a 15-foot ceiling height. Interior space includes an office/reception area, conference room, multiple storage rooms, two bathrooms, tool/utility space, and a loft/breakroom. The property has received upgrades including two heat pumps installed in 2022, metal roofing, fresh interior paint, and new vinyl plank flooring. The site consists of 3.29 acres of fully

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$89k
Assessed land$26k
Assessed improvement$63k

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$800k
CAP approach$695k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$398
Operating expenses−$1k
NOI · 0.68% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$19 – $68

Cap rate analysis

How does the asset earn?
0.68%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
The purpose of this zoning district is to provide for business activities dependent upon or motivated by access to the community's major ...
General categoryCOMMERCIAL
JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Dental Office16.3
Restaurant15.5

Location

475 Morelock St Kingsport, TN 37660
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1904 Brookside, Kingsport, TN 37660-6633 $470,000 Jan 2026 5,069 SF
225 Shady Vw, Kingsport, TN 37660-7452 $1,350,000 Dec 2025 5,400 SF
123 Wexler, Kingsport, TN 37660-4839 $250,000 Jan 2024 5,120 SF
600 Market, Kingsport, TN 37660-4832 $182,500 Jun 2023 7,244 SF
1911 Brookside, Kingsport, TN 37660-6634 $50,000 Jan 2023 7,200 SF
1 Shipp, Kingsport, TN 37660 $100,000 Dec 2022 7,192 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message