You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Turn key restaurants

2539 E Stone Dr Kingsport, TN 37660

7,294 SF 1.1 ac lot Built 1987
Individually Owned 20-yr Hold Free & Clear
Property ID
US80-1975431
Property summary
AI-generated overview

This exceptional commercial property, located at 2539 E Stone Drive in Kingsport, Tennessee, presents a unique investment opportunity. The 2.66-acre lot is zoned B-4, offering significant potential for a variety of commercial uses. The property includes an existing restaurant building with a rich 40-year history in the Kingsport community, establishing a strong foundation for continued success. Its prime location on E Stone Drive benefits from high visibility and significant traffic flow. The area is experiencing substantial growth, making this a particularly attractive investment for entrepreneurs and businesses seeking to capitalize on Kingsport's expanding market. The property's established presence and the area's promising future combine to create a compelling opportunity for significant return on investment. The asking price for this remarkable property is $2,000,000. The property is situated in Sullivan County, Tennessee, with a zip code of 37660. This well-known location offers immediate access to a large customer base and presents a turnkey solution for a new restaurant or a variety of other commercial ventures. The property's size and zoning provide ample space for expansion or redevelopment, catering to a range of business needs and future growth.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Total area 7,294 SF
Lot 1.1 ac (47,916 SF)
APN 082047 03130
UPID US80-1975431
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
  • Giuseppe's Restaurant
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
Michael Misciangna · 20 yrs held
Michael Misciangna
since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message