2004 American WayKingsport, TN 37660

  • Office properties
  • 24,771 SF
For Lease
$13/SF/YR View listing

Property Details for 2004 American Way

Year built
1998
Construction
FRAME
Lot size
3.07 AC
Property size (Sq ft)
24,771 SF
Property type
Office properties
Property subtype
Other office properties
APN
082047P A 00801
APU
082047PA00801

Description

This exceptional Kingsport, Tennessee office complex, located at 2004 American Way, offers a variety of flexible spaces ideal for businesses of all sizes. The American Way Professional Complex boasts a total of 13,975 square feet, currently entirely vacant and available for lease. The building is classified as a Traditional Office, Executive Office, and Medical Office space, making it suitable for a wide range of professional uses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,375 square feet to a maximum contiguous space of 4,500 square feet. This presents an excellent opportunity for businesses seeking individual suites or larger, consolidated office areas. The property's convenient location just off E Stone Drive in Kingsport, TN (zip code 37660) ensures easy access and high visibility. The property's APN is 082 047P A 00800 000 2019 and is situated in Sullivan County. This fully vacant building presents a unique chance to customize the space to perfectly meet your business needs. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this prime Kingsport location. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,780,106
    6.5%
    $4,412,405
    7%
    $4,097,233
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,039,396
    Geo Method
    $2,039,396
  • Alternative Use

    Use
    Valuation
    Residential
    $5,471,382
    Hospitality
    $5,011,757
    Educational
    $4,169,723
    Medical
    $4,313,126
    Retail
    $6,486,236
2004 American Way, Kingsport, Tennessee

Location Insight

City
Kingsport
County
Sullivan
State
Tennessee
Latitude
36.5419
Longitude
-82.5103
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
-
$104,800
$762,440
$867,240
-
$262,000
$1,906,100
$2,168,100

FAQs

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