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Property profile & analytics
OFF-MARKET
Office Spaces

201 Market St Kingsport, TN 37660-4219

16,462 SF 0.35 ac lot Built 1911
Entity Owned 2-yr Hold Free & Clear
Property ID
US80-2030691
Property summary
AI-generated overview

This vibrant downtown Kingsport coworking space offers a unique opportunity for businesses of all sizes. Located on Shelby St, the Improvement Building provides a dynamic and collaborative environment perfect for startups, freelancers, and established companies looking to expand or downsize. The building boasts a total of 11,880 square feet of office space, with flexible suites available ranging from a minimum of 203 square feet to significantly larger options. Currently, one space is immediately available, measuring between 180 and 203 square feet. This is an ideal location for those seeking a professional office setting within a thriving community of entrepreneurs and businesses. The space transcends traditional office environments, fostering creativity and collaboration. The building offers a chance to increase your business presence with a professional office space in a prime downtown location. The flexible space options allow for scalability, accommodating businesses at various stages of growth. Don't miss this chance to be part of a dynamic and supportive business community in the heart of Kingsport.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1911
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,462 SF
Lot 0.35 ac (15,246 SF)
APN 082046I F 01200
UPID US80-2030691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kingsport Development Services City Government Office
  • Kingsport Geographic Info City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Industrial Dev Brd Of City Of Kings · 2 yrs held
Industrial Dev Brd Of City Of Kings
since 2024
Last sale
$234,200
2 recorded transactions
2024
Price N/A
2024
$234,200
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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