10431 Wallace Alley St Kingsport, TN 37663
Property profile & analytics
10431 Wallace Alley St, Kingsport, TN 37663
- Office Spaces
- 20,653 SF
- 4.73 lot acres
Property ID
US80-0572305
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bank of Tennessee Operations Center / Bank / Credit Union
Property Details for 10431 Wallace Alley St
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.73 lot acres
- Property type
- Office Spaces
- APN
- 082094 00925
- APU
- 8209400925
Description
This exceptional Kingsport, Tennessee office complex presents a unique investment opportunity. Two connected buildings, totaling 37,690 square feet, are situated on a 4.73-acre lot zoned MX (Mixed-Use District). Building A, at 18,398 square feet, features a large lobby with reception, 17 offices, a spacious open work area, a large training room with a folding partition, four conference rooms, a sizable break room, a small kitchenette, and a gym with separate men's and women's dressing rooms. Building B, encompassing 19,292 square feet, includes an entry vestibule and lobby, five offices, multiple large open work areas, a break room, two conference rooms, and a high-ceiling warehouse area with a roll-up drive-in door. A significant asset is the 313 kW Cummins diesel generator, ensuring reliable power. Both buildings boast wet sprinkler systems and ample parking is provided, with convenient access via two points of ingress and egress. The property is conveniently located near the Tri-Cities Airport, easily accessible from I-81 via exit 63. The asking price for this Class B property, built in 2003 and 2006, is $5,200,000. This is an owner/user opportunity with significant potential. The property's address is 10431 Wallace Alley St, Kingsport, TN 37663. The Sullivan County location and ample space make this a compelling investment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,020,000
- 6.5%
- $2,790,000
- 7%
- $2,590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,298,000
- AI Estimate
- $2,364,000
Market price range: $982k - $2.30MMarket price range: $737k - $2.36M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,685,000
- RETAIL STORES
- $1,540,000
- AUTO REPAIR, GARAGE
- $1,510,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.4174
- Latitude
- 36.4833
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$115,400
$1,146,120
$1,261,520
-
$288,500
$2,865,300
$3,153,800
