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Kingsport,TN 37663
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 57,499 sqft
Price per Sqft $4
Subdivision Not In Subdivision
MLS Listing ID 9977238
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Lot Size 1.320 Acres
Acres 1.32
Lot Dimensions 415x277 IRR
Property Description
Welcome to Lots 4/5 Lebanon Road in Colonial Heights; an exceptional investment opportunity nestled in Kingsport, TN. Zoned R3; this 20 Unit development presents a prime chance to expand your portfolio in one of Tennessee's most thriving real estate markets. Features include Prime Location: Conveniently situated in a sought-after area in Kingsport right off I-81 and Highway 36. These Lots sit directly across Ashley Oaks; an established townhome community. Offering easy access to local amenities, schools, and major transportation routes. Infrastructure: Sewer offered (See Attached Utility Map) at three corners of the properties and 238 foot of Road frontage off Lebanon Road. Income Potential: With a consistent demand for Rental Properties/Townhomes/Condos in the Tri- Cities, these lots promise a lucrative income stream for investors. Proximity to shopping centers, restaurants, and entertainment options, offering residents a vibrant lifestyle. Easy access to major employers and educational institutions (the new Tri City Christian Academy.) Minutes to Warriors Path State Park provides opportunities for outdoor enjoyment and leisure activities. Don't miss out on this rare opportunity to acquire a well-positioned R3 Development in East Tennessee's thriving market. Whether you're a seasoned investor or developer, Lots 4/5 Lebanon Rd presents an excellent chance to capitalize on the demand for quality housing.
All information herein deemed reliable but subject to buyers' verification.
Location
State TN
County Sullivan
Community Not In Subdivision
Area 1.32
Zoning R3
Direction I81/HWY36 Colonial Heights Exit -Navigate towards Kingsport via Fort Henry Rd -Turn Left on Lebanon Rd -Sign on Left across from Ashley Oaks Subdivision
Exterior
Utilities Available Fiber Available,Cable Available,Electricity Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Street Surface Paved
Road Frontage 2 Lane Road,City Street
Building
Lot Description Level,Sloped
Sewer At Road,Public Sewer
Water Public
New Construction No
Schools
Elementary Schools John Adams
Middle Schools Robinson
High Schools Dobyns Bennett
Others
Senior Community No
Tax ID 092j B 004.00 & 092j B 003.00