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Financial
Distress signals
Property profile

2303 Fort Henry Dr Kingsport, TN 37664

FOR SALE
Auto shops
Property ID
US80-2582793
2,620 SF 102 ac lot Built 1950
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a multi-parcel retail storefront portfolio made up of addresses 2301, 2303, 2305, and 2309 Fort Henry Dr. It is configured as a set of retail storefront parcels and has been operated with tenants on a month-to-month basis, indicating flexible occupancy arrangements. The parcels are located along Fort Henry Dr, a retail and industrial corridor with proximity to Walmart and Fort Henry Mall.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$33k
Assessed land$10k
Assessed improvement$23k

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$270k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$12k
Operating expenses−$42k
NOI · 13.91% cap applied$69k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$39 – $106

Cap rate analysis

How does the asset earn?
13.91%
$69k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
HVAC Service12.4
Gym & Fitness11.4

Location

2303 Fort Henry Dr Kingsport, TN 37664
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Ft Henry, Kingsport, TN 37664 $230,000 Nov 2023 2,160 SF
6160 Orebank, Kingsport, TN 37664-4609 $80,000 Jan 2022 2,800 SF
3101 Memorial, Kingsport, TN 37664-3344 $54,660 Dec 2020 1,752 SF
2424 Ft Henry, Kingsport, TN 37664-3708 $385,000 Jan 2020 2,928 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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