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Property profile & analytics
OFF-MARKET Estimated value $4,900,000
Warehouses

1044 Fordtown Rd Kingsport, TN 37663-3210

95,496 SF 6.62 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-0313857
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 95,496 SF
Lot 6.62 ac (288,367 SF)
APN 082120 00350
UPID US80-0313857
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LPI Tanning Bed Parts Department Store
  • Wholesale Spa Covers Industrial Manufacturer Production Facility
  • LPI Inc Corporate Office
  • Sunco Tanning Industrial Manufacturer Production Facility
  • Golfcarts.com Golf Cart Dealer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$4.90M
Owner & transaction history
Avion Realty III LLC · 2 yrs held
Avion Realty III LLC
since 2024
Last sale
$4.9M
4 recorded transactions
2024
$4.9M
2020
$2.5M
2008
$1.8M
2002
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.1M +29.9%
Auto repair, garage $7.0M +27.2%
Commercial (general) $6.4M +16.7%
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