Commercial Signalized Corner For Sale or Ground Lease

100 E. Stone Dr. Kingsport, TN 37660

100 E. Stone Dr., Kingsport, TN, 37660
100 E. Stone Dr., Kingsport, TN, 37660
FOR SALE FOR LEASE
Property Type:
Commercial Land Development
Amount:
$800,000 to $900,000
Last Verified:
Dec 23, 2015

Asking Price REDUCED!!!! OR Ground Lease this highly visible lighted intersection. Daily traffic count is 30,124. Located in sight of Holston Medical Group and minutes to Holston Valley Hospital. Great for Banks or restaurant / retail use. Zoned B3 in City of Kingsport. Existing building to be razed. I-26 Exit 1 / travel EAST on W STONE DR/US-11W N/TN-1 E toward RIVERSIDE for 2 miles. See property on corner of Stone Drive and Gibson Mill Rd. Population: 1 mile - 6,148 / 3 mile - 35,705 / 5 mile - 63,122 Average Household Income: 1 mile - $42,742 / 3 mile - $49,682 / 5 mile - $55,220 Daytime Population: 1 mile - 7,454 / 3 mile - 47,843 / 5 mile - 71,687

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Map of 100 E. Stone Dr., Kingsport, TN, 37660

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.