1309 Stone Dr Kingsport, TN 37660
This exceptional 3.9-acre commercial land parcel presents a remarkable investment opportunity in Kingsport, Tennessee. Located at 1309 E Stone Dr, in the desirable B3 Highway Oriented Business District, this vacant property boasts high visibility and accessibility. Its strategic location along bustling East Stone Drive ensures significant traffic exposure, ideal for a wide range of commercial ventures. The property's adjacency to the Kingsport Boys and Girls Club and several new businesses, including a Chipotle, further enhances its appeal and potential for synergy. Adding to its unique character, the property borders the Kingsport Greenbelt, offering a picturesque setting. A deeded right of way provides convenient access to Stone Drive, ensuring seamless connectivity for customers and employees. With its expansive size and prime location, this property is perfectly suited for a variety of commercial developments, including retail spaces, restaurants, office buildings, or service-oriented businesses. The asking price is $375,000. The property is zoned B3 commercial and is situated in Sullivan County, Tennessee, zip code 37660. This is a rare opportunity to acquire a significant commercial property in a thriving area with excellent growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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