1060 Wilcox CtKingsport, TN 37660

Property Details for 1060 Wilcox Ct

Year built

2006

Construction

FRAME

Lot size

7.30 AC

Property size (Sq ft)

16,700 SF

Property type

Office properties

Property subtype

Other office properties

APN

082061 01208

APU

8206101208

Description

This exceptional 16,600 square foot executive office building in Kingsport, Tennessee, is available for purchase at $1,500,000. Located on a 6.36-acre lot within a thriving business and industrial park, this single-story Class C building offers an open floor plan ideal for cubicles, along with ample space for conferences, training, administration, and record-keeping. Previously leased to the Tennessee Department of Human Services, the property features extensive parking and a private walking trail. The building enjoys a convenient location, just off Wilcox Drive, near I-26 (Exit 3), the Meadowview area, Eastman Chemical Company, and downtown Kingsport. Nearby businesses include Fastenal, Eagle Transport, East Tennessee Cheer & Gymnastics, and Tri Cities Pediatric Cardiology. The property is zoned M-2. Detailed site surveys are available upon request. While also available for lease, this represents a unique opportunity for ownership in a prime Kingsport location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,222,630

  6.5%

  $2,974,735

  7%

  $2,762,254

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,374,911

  Geo Method

  $1,374,911

• Alternative Use

  Use

  Valuation

  Residential

  $3,688,672

  Hospitality

  $3,378,804

  Educational

  $2,811,125

  Medical

  $2,907,804

  Retail

  $4,372,861

Location Insight

City

Kingsport

County

Sullivan

State

Tennessee

Latitude

36.5277

Longitude

-82.5603

CBSA code

28700

CBSA name

KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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