2485 Wilcox Dr Kingsport, TN 37660-7395
This exceptional 1.5-acre commercial land parcel presents a prime opportunity for a restaurant development in Kingsport, Tennessee. Ideally situated near the bustling Eastman Chemical Company and the Meadowview Convention Center, this location guarantees high visibility and consistent customer traffic from both local employees and convention attendees. The property's strategic placement within a mile of Interstate 26 ensures easy accessibility for travelers. This is not just a standalone restaurant pad; it's part of a larger, vibrant development project. The site benefits from its inclusion within a planned mixed-use development that will feature a 120-unit apartment complex and two hotels – a Fairfield Inn and a TownePlace Suites, adding up to 181 rooms. This synergistic environment will create a significant pool of potential customers for your restaurant, boosting its success. The restaurant pad offers excellent frontage on South Wilcox Drive, providing optimal visibility and convenient access for patrons. This is a rare opportunity to establish a thriving restaurant business in a high-growth area with a built-in customer base. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to secure a prime location in a thriving Kingsport commercial hub.
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Fairfield Inn & Suites Kingsport Hotel & Motel
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Fairfield Inn & Suites by Marriott Kingsport Hotel & Motel
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.