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1848 E Stone Dr
Kingsport, TN 37660
Asking Price
$1.75M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 1.42 acres <ul><li>High Traffic Counts: Capitalize on the massive daily vehicle traffic of over 31,000 and optimal street-front visibility.</li><li>Prime 1.4 Acres: Generous, flat footprint providing ample space for building, parking, and easy traffic flow with access to Stone Drive from two entrances.</li><li>Commercial Zoning: Zoned for versatile use to accommodate retail, office, or service-oriented businesses.</li><li>Strategic Location: Easy access to major city intersections including John B Denn
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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542
