1044 Fordtown Rd Kingsport, TN 37663-3210
- Warehouses
- 95,496 SF
- 6.62 lot acres
Apr 01, 2024
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
-
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
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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