121 Ravine Rd Kingsport, TN 37660
- Commercial real estate
- 16,034 SF
- 449.00 lot acres
Current Use by Public Records
- Franzus David H MD / Internist
- Dr. Aaron K. Metcalf, MD / Family Practice Physician
- firsthand / Mental Health Service
- Excel Prosthetics & Orthotics / Orthotics & Prosthetics Service
- Carilion Consolidated Lab / Medical Clinic
Property Details for 121 Ravine Rd
- Year built
- 1991
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 449.00 lot acres
- Property size
- 16,034 SF
- Property type
- Commercial real estate
- APN
- 082046J C 00200
- APU
- 082046JC00200
Description
This exceptional Class B medical office building, Ravine Center, offers a prime opportunity for medical professionals seeking space in Kingsport, Tennessee. Located at 121 E Ravine Rd, 37660, this well-maintained property boasts a total of 16,034 square feet and features two suites. Currently, 4,547 square feet of space is available, divisible into units ranging from 2,244 to 2,303 contiguous square feet. Built in 1991, the building provides ample on-site parking, catering to the needs of both patients and staff. Its convenient location in a densely populated area ensures high visibility and easy access to major highways, making it an ideal location for a thriving medical practice. The property is situated in Sullivan County and offers all the necessary amenities for a successful medical operation. This is a rare opportunity to secure space in a well-established and highly sought-after medical office center. The building's excellent condition and strategic location make it an attractive investment for any medical professional looking to establish or expand their practice. Contact us today to learn more about this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,555,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,275,000
- 7%
- $2,640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,495,000
- Geo Method
- $2,475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,490,000
- Retail
- $2,520,000
- Mixed-Use
- $2,505,000
- Hospitality
- $2,430,000
- Educational
- $2,050,000
- Residential Income
- $2,685,000
- Energy
- $2,120,000
- Income-Based Land
- $2,205,000
- Food Service
- $2,410,000
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.5532
- Latitude
- 36.5512
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
