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Property profile & analytics

1044 Fordtown Rd Kingsport, TN 37663-3210

  • Warehouses
  • 95,496 SF
  • 6.62 lot acres
OFF-MARKET
Last Sale
Apr 01, 2024
$4,900,000
Value Estimations
$4,900,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US80-0313857
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.

Current Use by Public Records

  • LPI Tanning Bed Parts / Store
  • Wholesale Spa Covers / Manufacturer
  • LPI Inc / Corporate Office
  • Sunco Tanning / Manufacturer / Tanning Salon
  • Golfcarts.com / Golf Cart Dealer

Property Details for 1044 Fordtown Rd

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.62 lot acres
Property size
95,496 SF
Property type
Warehouses
APN
082120 00350
APU
8212000350

Description

This exceptional 94,020-square-foot industrial property, located at 1044 Fordtown Rd, Kingsport, TN 37663, offers a single-tenant occupancy in a prime Tri-Cities location. Built in 1986, the building sits on 6.62 acres and boasts 13 loading docks, two drive-ins, and ample parking for 100+ vehicles. The M 1R zoning allows for a variety of manufacturing and warehouse uses. Recent extensive renovations include a complete overhaul of the lighting (all new LED), bathrooms, break rooms, electrical fixtures, and paint throughout the office and warehouse areas. New window shades, HVAC units (16 new units in the office), and flooring and ceiling tiles in the office have been installed. Exterior improvements encompass roof repairs, gate and fence repairs, landscaping, and the addition of new warehouse metal panels. The building has been power-washed, and the warehouse floor professionally cleaned. New railings and posts, both inside and outside, have been freshly painted, and a new flagpole has been installed. This meticulously maintained property presents a turnkey opportunity for a discerning tenant. Easy access to major highways ensures efficient transportation and logistics.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $4,900,000
    ML approach
    $4,900,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,627,000
    Market price range: $1.87M - $8.50M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $5,480,000
    Current use
    RETAIL STORES
    $7,120,000
    Change: +30% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $6,975,000
    Change: +27% Conversion: Easy
    COMMERCIAL (GENERAL)
    $6,400,000
    Change: +17% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kingsport
County
Sullivan
State
Tennessee
Longitude
-82.5136
Latitude
36.4512
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
$112,840
$876,120
$988,960
-
$282,100
$2,190,300
$2,472,400
More about this property
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