10431 Wallace Alley St Kingsport, TN 37663
For Sale
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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.
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Bank of Tennessee Operations Center Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.