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Property profile & analytics

4250 Fort Henry Dr Kingsport, TN 37663

  • Turn key restaurants
  • 2,064 SF
  • 150.00 lot acres
For Lease
Last Sale
Oct 20, 2021
$825,000
Value Estimations
$945,000
Cap Rate Potential
Location Intelligence
Property ID
US80-0680383
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Casa Nostra / Restaurant
  • Collective Insurance TN / Insurance Agency

Property Details for 4250 Fort Henry Dr

Year built
1986
Lot size
150.00 lot acres
Property size
2,064 SF
Zone code
B-4
Property type
Turn key restaurants
APN
082092J C 05520
APU
082092JC05520

Description

This exceptional 4,200 square foot vacant restaurant building presents a unique opportunity in Kingsport, Tennessee. Situated on a 0.86-acre lot zoned B-4, this single-tenant property boasts a prime location off Exit 59 of I-81 in the Colonial Heights area. The building benefits from high visibility and significant daily traffic counts (31,000 CPD) directly in front of the site. Its strategic placement within a dense retail corridor ensures high foot and vehicle traffic, surrounded by established businesses including Walmart, Taco Bell, Ingles, Bojangles, AutoZone, and McDonald's. The property's proximity to major employers, such as Eastman Chemical Company (3 miles away), and downtown Kingsport (4 miles away), further enhances its appeal and potential for a thriving business. This is one of the last remaining available sites near the highway exit, making it a rare and highly desirable investment opportunity. The property's size and location make it ideal for a variety of restaurant concepts or potential redevelopment. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,100,000
    ML approach
    $1,030,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $954,000
    Market price range: $196k - $1.34M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kingsport
County
Sullivan
State
Tennessee
Longitude
-82.4997
Latitude
36.482
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$110,960
$69,160
$180,120
-
$277,400
$172,900
$450,300
More about this property
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