3020 John B Dennis HwyKingsport, TN 37660

  • Retail properties
  • 4,068 SF
For Sale

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
3020 John B Dennis Hwy, Kingsport, Tennessee

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

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
-
$63,040
$178,880
$241,920
-
$157,600
$447,200
$604,800

FAQs

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