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1044 Fordtown Road

1044 Fordtown Road, Kingsport, TN 37663
Commercial in Sullivan
1044 Fordtown Road in Kingsport, TN was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a industrial property type. It is a single story home. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. In total, the area measurement of the land is 288,367 square feet.

Learn more about the property and building on this page. The home has a steel frame or truss style roof made of metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The exterior walls of the home are made of metal. While the interior walls are made of unfinished materials. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1044 Fordtown Road was last sold in Apr 1, 2024 for $4,900,000. According to our calculations, that's $51.31 per sqft. Prior to that sales transaction, the property was sold for $2,500,000 in Oct 2, 2020. Current property owners are expected to pay $43,558 in taxes per year. The property on 1044 Fordtown Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $988,960. To break that down further, the land itself was valued at $112,840. While improvements to the property were assessed at a total of $876,120. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181228
12/28/2018
Loft
-
94020 ft²
$2,800,000
bedrooms
Loft
bathrooms
-
square feet
94020 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Quality: B-
  • Construction Type: Masonry
  • Exterior Walls Type: Metal
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 288,367
  • Total Building Area: 95,496
  • Gross Building Area: 95,496
  • Building Area: 95,496
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Land Acres: 6.62
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: DISTRICT: 14, COUNTY AREA: A68

Ownership

  • Current Owner : AVION REALTY III LLC
  • Previous Owner : FH & P TN PROPERTIES GP
  • Owner Before Previous Owner: FURROW REALTY FUND LP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kingsport City School District
  • School Tax School District: 82380
  • Census Tract: 043600

Geography

  • Assessors Map Reference: 120
  • District: 14
  • Parcel: 082120 00350
  • Municipality: KINGSPORT
  • Latitude: 36.4514
  • Longitude: -82.5138

    Address

  • Full Address: 1044 Fordtown Rd
  • Address - House Number: 1044
  • Address - Street Name: Fordtown
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Kingsport
  • Carrier Code: R009
  • 4-Digit Zip Code: 3210
  • Zip Code: 37663

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,558
  • Tax Rate Code Area: 82A04

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,675,000
  • First Open Lien Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Apr 01, 2024
  • First Open Lien Mortgage Loan Amount: $3,675,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2044

    Market Valuation

  • Market Total Value: $2,472,400
  • Market Land Value: $282,100
  • Market Improvement Value: $2,190,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $988,960
  • Assessed Land Value: $112,840
  • Assessed Improvements Value: $876,120

    Sales

  • Current Sale Contract Date: Apr 01, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923495050
  • Current Sale Price: $4,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5212
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Mortgage Transaction Date: Apr 01, 2024
  • First Mortgage Loan Amount: $3,675,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 05, 2044

    Previous Mortgages

  • Previous Mortgage Lender: SYMPLYBANK
  • Previous Mortgage Transaction Date: Oct 05, 2020
  • Previous Mortgage Loan Amount: $2,237,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Kingsport



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Frequently Asked Questions

What neighborhood is 1044 Fordtown Road located in?
The 1044 Fordtown Road is a commercial located in the neighborhood of Sullivan in Kingsport, Kingsport.
What is the average sales price for listings in 1044 Fordtown Road?
The average sales price for units in 1044 Fordtown Road is $0 currently.

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