Property profile

300 E Sullivan St Kingsport, TN 37660

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US80-0815705
3,768 SF 43 ac Built 1920
Last sale Feb 2022·$305,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A two-story brick building constructed in 1920 in Downtown Kingsport, located on the corner of Sullivan and Cherokee Streets, formed by combining two originally separate buildings over time. The exterior and envelope have had improvements that include brick cleaning, a roof replacement, and installation of new windows completed between 2018 and 2020; most interior walls have also been removed, creating an open-plan configuration. The structure is partially built out for four loft apartments:…

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$40k
Assessed land$5k
Assessed improvement$35k

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$280k
NOI build-up
Gross scheduled income$85k
Vacancy & credit loss−$5k
Operating expenses−$36k
NOI · 8.90% cap applied$44k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$27 – $111
Qualifying comparables7

Cap rate analysis

How does the asset earn?
8.90%
$44k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.4
Garden Center9.3
Convenience Store8.9

Location

300 E Sullivan St Kingsport, TN 37660
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2301 Bloomingdale, Kingsport, TN 37660-1850 $185,000 May 2025 3,331 SF
427 Arbutus, Kingsport, TN 37660 $215,000 Dec 2024 4,140 SF
316 Broad, Kingsport, TN 37660-4393 $1,020,000 Oct 2024 5,040 SF
2559 Stone, Kingsport, TN 37660-5858 $195,000 Sep 2024 3,004 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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