4414 Stone Dr Kingsport, TN 37660-1051
Property profile & analytics
4414 Stone Dr Kingsport, TN 37660-1051
- Drive through restaurants
- 3,381 SF
- 0.65 lot acres
Property ID
US80-2023750
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.
Location Intelligence
Current Use by Public Records
- Pizza Hut / Take-out & Catering
Property Details for 4414 Stone Dr
- Year built
- 2004
- Lot size
- 0.65 lot acres
- Property size
- 3,381 SF
- Zone code
- B-3
- Property type
- Drive through restaurants
- APN
- 037022 03300
- APU
- 3702203300
Description
This exceptional investment opportunity presents a freestanding Pizza Hut restaurant located at 4414 W Stone Drive, Kingsport, Tennessee, 37660. The property, built in 2004, boasts 3,365 square feet on a 0.65-acre lot and is situated in a high-traffic area with approximately 50,000 cars passing daily. The property is zoned B-3 and features a single-story building. The current tenant, a Pizza Hut franchisee, holds a Net Lease (NNN) agreement with a remaining lease term of approximately 1.1 years, expiring December 31, 2025. The original lease commenced September 9, 2003, and has a total lease term of 22.3 years. The property enjoys 100% occupancy since its opening on September 9, 2003, generating a Net Operating Income (NOI) of $45,748, resulting in a 5.23% capitalization rate. The asking price is $875,000, translating to a price per square foot of $260.03. The property's location benefits from the presence of new businesses in the area, including Scooters Coffee and Wiegel's Gas Station, further enhancing its investment potential. This is a rare opportunity to acquire a well-established, high-performing restaurant in a thriving commercial area. The property's strong tenant, favorable lease terms, and attractive financial metrics make it an ideal addition to any investment portfolio. The Hawkins County Assessor's Parcel Number (APN) is 037022 03300.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Hawkins
- State
- Tennessee
- Longitude
- -82.6279
- Latitude
- 36.5523
- 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
$163,800
$213,880
$377,680
-
$409,500
$534,700
$944,200
