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Financial
Distress signals
Property profile

449 East Market St Kingsport, TN 37660

FOR LEASE
Medical Office Space
Property ID
US80-0891541
2,816 SF 125 ac lot Built 1956
Last sale Aug 2023 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office space is offered for lease and can include tenant improvements and build-to-suit options, enabling customization of interior layout and finishes to meet a tenant’s requirements. The space is sized at 4,875 square feet and is located at 449 E Market St in downtown Kingsport, Tennessee, providing access to a central business district setting.

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$121k
Assessed land$19k
Assessed improvement$102k

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$350k
NOI build-up
Gross scheduled income$122k
Vacancy & credit loss−$27k
Operating expenses−$24k
NOI · 1,460.16% cap applied$71k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$66 – $191

Cap rate analysis

How does the asset earn?
1,460.16%
$71k 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 Store14.2
Garden Center11.5
Wholesale Shop11.4

Location

449 East Market St Kingsport, TN 37660
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1258 Ctr, Kingsport, TN 37660-4947 $240,000 Jul 2024 2,162 SF
1901 Brookside, Kingsport, TN 37660-4617 $238,000 Apr 2023 2,304 SF
618 Watauga, Kingsport, TN 37660-4448 $160,000 Nov 2022 3,760 SF
536 Main, Kingsport, TN 37660-4820 $40,000 Nov 2022 4,042 SF
8 Sheridan, Kingsport, TN 37660-7478 $745,000 Oct 2018 3,224 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
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