Property profile

921 Broad St Kingsport, TN 37660

OFF-MARKET
Medical Office Space
Property ID
US80-1246670
4,160 SF 72 ac lot Built 1961
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

A 4,160-square-foot, two-story traditional office building located on a corner lot at the intersection of Broad Street and East Park Drive in Kingsport, Tennessee, within walking distance of the Holston Valley Medical Center campus. The property provides entrances and parking access from both streets, including a Broad Street entrance with a ramp to the main waiting room. The interior layout includes a main waiting room, four exam rooms, two offices, and a larger rear room with stairs to the lower level. The downstairs area includes multiple rooms, including private office space and a rear building entrance, along with additional storage. The building has a roof replacement installed in 2022/2023 and includes HVAC units for each floor. Historically used by Bristol Orthotics & Prosthetics, the configuration includes spaces that could support two separate professional offices with minimal upgrades; with appropriate rezoning, the structure could be adapted for residential condo units. It is zoned P1 (Professional office) and sits on a 0.24-acre lot.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Total area 4,160 SF
Lot 72 ac (3,136,320 SF)
APN 082046J D 01800
UPID US80-1246670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

921 Broad St Kingsport, TN 37660-3801
Kingsport metro Census 40600 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2008
1 recorded transaction
2008
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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