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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2009 Brookside Ln Kingsport, TN 37660

    • Warehouses
    • 14,972 SF
    • 1.97 lot acres
    For Sale
    View listing
    $2,100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0096657
    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.

    Current Use by Public Records

    • Trugreen / Lawn Care Service
    • TruGreen Lawn Care / Lawn Care Service / Landscaper

    Property Details for 2009 Brookside Ln

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.97 lot acres
    Property size
    14,972 SF
    Property type
    Warehouses
    APN
    082047A A 00700
    APU
    082047AA00700

    Description

    This exceptional 15,756-square-foot property, located at 2009 Brookside Lane in Kingsport, Tennessee, 37660, offers a unique blend of office and warehouse space. Built in 1994 and extensively renovated in 2023, this single-tenant building sits on a 1.97-acre lot (43,560 square feet) within the Brookside Industrial Park, providing convenient access to E. Stone Drive and JB Dennis Highway. The two-story building features a main office area, multiple private offices, and large common rooms on both floors, along with two bathrooms. The warehouse component boasts three drive-in doors (10x10, 10x16, and 10x20) offering excellent loading and unloading capabilities. The building has an 18-foot ceiling height and approximately 110 feet of frontage. The property includes 30 total parking spaces and is fully fenced with gravel parking. Utilities include city water, sewer, and electric power with a gas heater. The property is zoned M-1 and has an APN of 047A A 007.00. Taxes are $0.47 per square foot. This fully occupied property presents a rare opportunity for investors seeking a well-maintained, versatile commercial space in a prime Kingsport location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $539,000
      Market price range: $277k - $1.01M

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.5181
    Latitude
    36.5579
    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
    $39,720
    $111,400
    $151,120
    -
    $99,300
    $278,500
    $377,800

    Comparable in this City

    • Value Estimation
      $330,000
      2,800 SF

      2112 Bloomingdale Rd

      WAREHOUSE, STORAGE • 2,800 SF
      2112 Bloomingdale Rd, Kingsport, TN 37660-1723
      View Details
    • Value Estimation
      $390,000
      7,200 SF

      2021 Brookside Ln

      WAREHOUSE, STORAGE • 7,200 SF
      2021 Brookside Ln, Kingsport, TN 37660-6637
      View Details
    • Value Estimation
      $450,000
      17,540 SF

      1917 Brookside Ln

      WAREHOUSE, STORAGE • 17,540 SF
      1917 Brookside Ln, Kingsport, TN 37660-6634
      View Details
    • Value Estimation
      $320,000
      6,716 SF

      385 Revere St

      WAREHOUSE, STORAGE • 6,716 SF
      385 Revere St, Kingsport, TN 37660-3615
      View Details
    • Value Estimation
      $435,000
      12,344 SF

      1413 Riverport Rd

      WAREHOUSE, STORAGE • 12,344 SF
      1413 Riverport Rd, Kingsport, TN 37660-3543
      View Details
    • Value Estimation
      $310,000
      10,200 SF

      1405 Riverport Rd

      WAREHOUSE, STORAGE • 10,200 SF
      1405 Riverport Rd, Kingsport, TN 37660-3543
      View Details

    Similar Nearby for Sale

    • $245,000
      600 SF

      Remodeled Commercial Property in Kingsport

      Remodeled commercial property with apartment and warehouse space in downtown Kingsport.
      917 E Sullivan St, Kingsport, TN 37660
      View Details
    • $824,900
      8,120 SF

      East Stone Drive Commercial Property

      Two buildings totaling 8,120 SF on 1.8 acres.
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      View Details
    • $1,388,000
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      Renovated Kingsport Retail/Warehouse Building

      Renovated retail and warehouse space with historic charm.
      223 Commerce St, Kingsport, TN 37660
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    • $949,900
      800 SF

      Versatile Commercial Property in Kingsport

      5,600+/- SF commercial property with fenced lot in high-traffic area.
      475 Morelock St, Kingsport, TN 37660
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    • $950,000
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      Kingsport Flex Industrial Building

      7,750 SF flex industrial building in downtown Kingsport.
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      Kingsport Commercial Space For Sale

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    Similar Nearby for Lease

    • $6 SF/Yr
      16,250 SF

      Kingsport Distribution Warehouse For Lease

      Distribution warehouse with office space in Brookside Industrial Park.
      2029 Brookside Ln, Kingsport, TN 37660
      View Details
    • $1,750,000
      3,055 SF

      Kingsport Commercial Property For Lease

      Commercial property with warehouse and office space, available January 2026.
      1551 S Wilcox Dr, Kingsport, TN 37660
      View Details
    • $1,800 /Mo
      1,800 SF

      Downtown Kingsport Commercial Space Available

      1800 SF commercial space with roll-up doors in Kingsport.
      422 E Market St, Kingsport, TN 37660
      View Details
    • $10 SF/Yr
      44,503 SF

      West Park Medical Office Suites

      Kingsport, TN medical office space available.
      105 Park Dr, Kingsport, TN 37660
      View Details
    • $10 SF/Yr
      11,880 SF

      Kingsport Coworking Office Space

      Downtown Kingsport: Flexible Office Suites
      201 Market St, Kingsport, TN 37660
      View Details
    • Contact for pricing
      5,280 SF

      Retail Space Available For Rent

      Up to 27000 sq. ft. retail space available.
      4300 W Stone Dr, Kingsport, TN 37660
      View Details
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    Kingsport, TN 37660
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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