3020 John B Dennis HwyKingsport, TN 37660
- Retail properties
- 4,068 SF
Property Details for 3020 John B Dennis Hwy
- Year built
- 1992
- Lot size
- 170.00 AC
- Property size (Sq ft)
- 4,068 SF
- Zone code
- B-3
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 082031I D 00740
- APU
- 082031ID00740
Description
This exceptional commercial land parcel, located at 3020 N John B Dennis Hwy in Kingsport, Tennessee, presents a unique opportunity for development. Situated in Sullivan County, zip code 37660, this single-tenant site offers approximately 1 square foot of land, ideal for a build-to-suit project. The property is designated as commercial land and is currently available for lease. Its strategic location in Kingsport provides excellent visibility and accessibility, making it an attractive option for businesses seeking a high-traffic area. The property's zoning and potential uses should be verified independently with the relevant authorities. This is a blank canvas for a new commercial venture, allowing for complete customization to meet specific business needs. Given the limited square footage, this property is best suited for a small-scale commercial development or perhaps as an addition to an existing business. Interested parties are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. The property's precise dimensions and any potential environmental concerns should be independently verified. This is a rare opportunity to secure a commercial site in a desirable Kingsport location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,153,964
- 6.5%
- $1,065,198
- 7%
- $989,112
-
Comparable approach
- Method
- Valuation
- Relative Method
- $843,994
- Geo Method
- $843,994
-
Alternative Use
- Use
- Valuation
- Residential
- $898,534
- Hospitality
- $823,052
- Educational
- $684,770
- Medical
- $708,320
- Retail
- $1,065,198
Location Insight
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Latitude
- 36.5736
- Longitude
- -82.5072
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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