1916 Sherwood Rd Kingsport, TN 37664
For Sale
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This exceptional commercial property, located at 1916 Sherwood Road in Kingsport, Tennessee, presents a unique investment opportunity. The 1,596 square foot building sits on a 0.18-acre lot and is being offered for sale "as is." Previously occupied by Nick's Restaurant, this location boasts excellent visibility and is ideally suited for a variety of retail businesses. The building's existing layout offers ample space for customization to meet the needs of a new tenant. The property's convenient location within Kingsport provides easy access to major roadways and a strong customer base. This is a chance to acquire a well-situated commercial property in a thriving area at an attractive price point of $250,000. The property's "as is" condition allows for creative redevelopment and customization, making it an ideal canvas for an entrepreneur's vision. Serious inquiries are encouraged to explore the potential of this prime retail space and capitalize on this exceptional investment opportunity in the heart of Kingsport. The 0.18-acre lot offers ample space for potential expansion or outdoor seating, depending on the intended use. Don't miss this chance to own a piece of Kingsport's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.