Listing by: Seth Slagle, Coldwell Banker Security Real Estate, (423) 534-4580
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.
Property Details | ||
---|---|---|
Price | $300,000 | |
Lot Size | 415x277 IRR | |
Lot Size Area | 415 | |
Acres | 1.32 | |
Property Type | Land | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Commercial,Lot/Tract,Residential,Subdevelopment | |
Features | Cable Available,Electricity Available | |
Subdivision | Not In Subdivision | |
View | Pasture | |
Geographic Data | ||
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 | |
County | Sullivan | |
Market Area | 407 - Col. Heights to Fordtown | |
Address Information | ||
Address | #4/5, Kingsport, Tennessee 37663 | |
Unit | 4/5 | |
Postal Code | 37663 | |
City | Kingsport | |
State | Tennessee | |
Country | United States | |
Listing Information | ||
Listing Office | Coldwell Banker Security Real Estate | |
Listing Office Phone | (423) 282-2595 | |
Listing Office Email | cbsre@coldwellbankersecurity.com | |
Listing Agent | Seth Slagle | |
Listing Agent Phone | (423) 534-4580 | |
Buyer Agency Compensation | 3.00 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
School Information | ||
Elementary School | John Adams | |
Middle School | Robinson | |
High School | Dobyns Bennett | |
MLS® Information | ||
Days on market | 1 | |
MLS® Status | Active | |
Listing Date | Mar 13, 2024 | |
Listing Last Modified | Mar 13, 2024 | |
MLS® Area | 407 - Col. Heights to Fordtown | |
MLS® # | 9963069 |