1.3 Acres of Residential Land for Sale in Kingsport, Tennessee
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, appealing to a diverse tenant base. 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.
Directions
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
Property details
- County
- Sullivan County
- Community
- Col. Heights to Fordtown
- Zoning
- R3
- MLS Number
- TVARMLS 9963069
- Date Listed
Property taxes
- Year not provided
- $217
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- Coldwell Banker Real Estate
Nearby schools
Name | Level | District | Description |
---|---|---|---|
John Adams | Elementary | — | — |
Robinson | Middle | — | — |
Dobyns Bennett | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 14, 2024 | Price decrease | $275,000 | $25,000 -8.3% | TVARMLS |
Mar 13, 2024 | New listing | $300,000 | — | TVARMLS |