5674 Highway 11Piney Flats, TN 37618

  • Other commercial real estate
  • 65,240 SF
For Lease
$7/SF/YR View listing

Property Details for 5674 Highway 11

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.44 AC
Property size (Sq ft)
65,240 SF
Zone code
B-4
Property type
Other commercial real estate
APN
082124 13830
APU
8212413830

Description

Piney Flats Plaza, located at 5674 Hwy 11 E in Bluff City, Tennessee (zip code 37618), offers exceptional retail and office space for lease. This single-story, 69,454 square foot building sits on a 6.07-acre lot (APN 08212413830) and boasts high visibility and accessibility from Highway 11E. Currently, there are three available suites ranging from 2,000 to 9,600 contiguous square feet, with a minimum divisible space of 2,000 square feet. The property features ample parking to accommodate a large customer base. Existing tenants include Confidence College of Cosmetology, Exalt Gym, and CamriStone, creating a vibrant and established commercial environment. The $7 per square foot lease rate includes a NNN charge of $1.34 per square foot. The diverse suite sizes are ideal for a variety of businesses, including but not limited to cafes, specialty retail, service businesses, medical equipment providers, and professional offices. Start-up businesses are required to submit a business plan and financial documentation for consideration. The property's prime location, behind Hardee's and near the Piney Flats Industrial Park, ensures high traffic and excellent exposure. This is a fantastic opportunity for businesses seeking a prominent location in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,410,113
    Hospitality
    $13,199,586
    Educational
    $10,981,900
    Medical
    $11,359,585
    Retail
    $17,082,956
5674 Highway 11, Piney Flats, Tennessee

Location Insight

City
Piney Flats
County
Sullivan
State
Tennessee
Latitude
36.4339
Longitude
-82.3097
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
-
$276,120
$464,280
$740,400
-
$690,300
$1,160,700
$1,851,000

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