Financial
Distress signals
Property profile

1551 S Wilcox Dr Kingsport, TN 37660

FOR LEASE
Manufacturing properties
Property ID
US80-0313868
27,655 SF 2.34 ac lot Built 1981
Last sale May 2000 · $570,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial facility with a total area of 27,655 square feet, including more than 20,000 square feet of warehouse space and dedicated office areas. It is positioned for access to Interstate 26 and provides visibility from the adjacent roadway. Historically, it has been occupied by Southern Tire Mart, and the building is configured to support business uses that require both warehouse and office space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$416k
Assessed land$131k
Assessed improvement$285k

Value estimate

· Sep 2026
$580k
$522k – $638k
AI approach$580k
NOI build-up
Gross scheduled income$275k
Vacancy & credit loss−$14k
Operating expenses−$79k
NOI · 2,154,941.18% cap applied$183k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,154,941.18%
$183k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1
The M-1, Light Manufacturing District is intended for industrial, manufacturing and other uses generally having a lower intensity of smok...
General categoryINDUSTRIAL
JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
HVAC Service9.0
Bakery8.4

Location

1551 S Wilcox Dr Kingsport, TN 37660
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
312 Sullivan, Kingsport, TN 37660 $10,000 Aug 2023 2,117 SF
1913 Brookside, Kingsport, TN 37660-6634 $25,000 Jan 2023 20,100 SF
1034 Wilcox, Kingsport, TN 37660-5381 $354,900 Sep 2020 7,950 SF
1440 Lincoln, Kingsport, TN 37660-5194 $2,430,409 Nov 2019 191,499 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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