Property profile

2705 N John B Dennis Hwy Kingsport, TN 37660

FOR SALE
Retail space
Property ID
US80-0748898
1,848 SF 0.38 ac lot Built 1951
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property at 2705 N John B Dennis Highway in Kingsport, Tennessee presents a remarkable investment opportunity. Boasting a total of 0.71 acres (two lots, 0.38 acres and 0.33 acres), this property offers significant visibility with approximately 225 feet of road frontage on John B Dennis Highway. The main building encompasses 1,848 square feet and includes a valuable walk-in refrigeration unit, a significant asset for various commercial ventures. A substantial parking lot provides ample space for customers and employees. This sale includes both lots, the building, and the walk-in refrigeration unit. It's important to note that the existing business and its contents are not included in this sale. The property's prime location and versatile features make it ideal for a wide range of commercial uses, offering the potential for high visibility and strong returns. The extensive road frontage and ample parking ensure easy access and convenience for customers. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and development in a thriving Kingsport location. The possibilities are truly endless for a discerning buyer seeking a strong foothold in the Kingsport commercial market. The property is priced at $300,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 1,848 SF
Lot 0.38 ac (16,553 SF)
Zoning code B-3
APN 082031J A 00105
UPID US80-0748898

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bar & Pub

Location

2705 N John B Dennis Hwy Kingsport, TN 37660
Kingsport metro Census 42100 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

B-3 · Kingsport, TN
Zoning description

(5) B-3, Highway Oriented Business District. For business activities dependent upon or motivated by access to the community's major highway system and often referred to as "strip commercial" development. Great care must…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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