726 Sullivan St Kingsport, TN 37660-5204
- Auto shops
- 2,146 SF
- 99.00 lot acres
Current Use by Public Records
- Auto shops
Property Details for 726 Sullivan St
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 99.00 lot acres
- Property size
- 2,146 SF
- Property type
- Auto shops
- APN
- 082046O F 00500
- APU
- 082046OF00500
Description
This exceptional 2,146 square foot commercial property, situated on a 0.13-acre lot at 726 E Sullivan Street in the heart of downtown Kingsport, Tennessee, presents a unique investment opportunity. The fully fenced property offers enhanced security and privacy, while ample on-site parking ensures convenient access for both employees and clients. Its prime downtown location provides excellent visibility and easy access to a variety of local amenities, maximizing foot traffic and fostering business growth. The building itself boasts substantial interior storage space, ideal for inventory management or equipment storage, contributing to efficient operations. This property is perfectly suited for a wide range of commercial uses, benefiting from its strategic location within a thriving community. The asking price is $275,000. This is a rare opportunity to acquire a well-located, functional commercial space in a bustling downtown area, offering significant potential for return on investment. The combination of security, parking, visibility, and storage makes this property an attractive option for businesses seeking a strong foothold in the Kingsport market. Don't miss this chance to secure a prime commercial location in a vibrant and growing city.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $130,000
- 6.5%
- $150,000
- 7%
- $130,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $135,000
- Geo Method
- $125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $155,000
- Retail
- $150,000
- Mixed-Use
- $155,000
- Hospitality
- $130,000
- Educational
- $155,000
- Residential Income
- $155,000
- Energy
- $135,000
- Income-Based Land
- $160,000
- Food Service
- $135,000
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.5539
- Latitude
- 36.5426
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA