Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1501 Stone Dr Kingsport, TN 37660-4132
    Back to Search
    Property profile & analytics

    1501 Stone Dr Kingsport, TN 37660-4132


    • Medical Office Space
    • 5,673 SF
    • 109.00 lot acres
    Off-Market
    Last Sale Feb 23, 2024
    Property ID
    US80-0086713
    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.

    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Tihomir I. Tochev, MD / Pediatrician / Physician
    • Dr. Neal R. Sanders, MD / Pediatrician / Medical Clinic
    • Pro Care Urgent Care Center / Medical Clinic
    • Rosa Hayes / Physician
    • Dr. Joseph S. Hayes, MD / Pediatrician / Physician

    Property Details for 1501 Stone Dr

    Year built
    1965
    Lot size
    109.00 lot acres
    Property size
    5,673 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    082046L A 01300 001
    APU
    082046LA01300001

    Description

    This exceptional 2.86-acre redevelopment site in Kingsport, Tennessee, presents a compelling investment opportunity. Located at 1501 E Stone Drive, this property boasts a 5,673 square foot building on a substantial lot, offering significant potential for a variety of retail uses. The asking price is $1,200,000, translating to $211.53 per square foot. Built in 1965 and renovated in 1984, the property benefits from its position on Stone Drive, Kingsport's densest retail corridor, experiencing over 27,190 vehicles per day. This high-traffic location is surrounded by established national retailers, including Kroger, McDonald's, and Longhorn Steakhouse, among others. Recent developments in the area, such as new Chipotle, Take 5 Oil Change, and 7 Brew Coffee locations, underscore the strong demand for retail space. The site's size allows for a drive-thru, expanding tenant options. The proximity to Eastman Chemical Company, a major employer with over 14,000 employees, further enhances the property's appeal. Kingsport's robust residential growth, evidenced by over 220 single-family building permits issued in 2023, totaling over $72 million in valuation, creates a positive outlook for retail businesses. This property offers a unique chance to capitalize on a thriving market and a prime location. The land value per square foot is not currently assessed.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $780,000
      Market price range: $372k - $1.08M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $735,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.5232
    Latitude
    36.548
    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
    $139,960
    $155,000
    $294,960
    -
    $349,900
    $387,500
    $737,400
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message