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Property profile & analytics
OFF-MARKET
Auto shops

601 Race St Kingston, TN 37763-2834

3,090 SF 4.65 ac lot Built 1955
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-0827356
Property summary
AI-generated overview

This exceptional Kingston, TN commercial property presents a unique investment opportunity. Spanning 8 acres and encompassing three parcels, this property boasts high visibility and significant traffic counts due to its prime location on E Race Street. The main structure features a substantial 3,049 square foot building including a six-bay garage equipped with four lifts, a convenient his-and-her bathroom, a dedicated office space, and ample storage. A separate 600 square foot heated and air-conditioned metal building is also included, along with a storage trailer. The property benefits from city water and sewer connections, a built-in vacuum system, and prominent signage opportunities. One parcel, located at 607 E Race St, generates monthly rental income from boat and RV storage, secured by a fenced perimeter and entry lock system. Another parcel, situated at 609 E Race St, is currently zoned residential, offering a picturesque building site with stunning views. The diverse possibilities for this multi-parcel property are extensive, making it ideal for a variety of commercial ventures, including restaurants, automotive repair shops, workshops, tire stores, and more. Prior notice is required for showings. The asking price is $1,250,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,090 SF
Lot 4.65 ac (202,554 SF)
Zoning code C-2
APN 073058F C 00100
UPID US80-0827356
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Poor Boys Towing & Auto Repair Auto Repair Shop
  • The Blissful Boho Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Greg Rose · 7 yrs held
Greg Rose
since 2019
1 recorded transaction
2019
$170,000
Zoning & alternative use
C-2 · Kingston, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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