Listing by: Seth Slagle, Coldwell Banker Security Real Estate, (423) 534-4580

0 Beds

n/a Full bath

n/a SqFt

Active

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 Size415x277 IRR
Lot Size Area415
Acres1.32
Property TypeLand
Sub typeSingleFamilyResidence
MLS Sub typeCommercial,Lot/Tract,Residential,Subdevelopment
FeaturesCable Available,Electricity Available
SubdivisionNot In Subdivision
ViewPasture
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
CountySullivan
Market Area407 - Col. Heights to Fordtown
Address Information
Address #4/5, Kingsport, Tennessee 37663
Unit4/5
Postal Code37663
CityKingsport
StateTennessee
CountryUnited States
Listing Information
Listing OfficeColdwell Banker Security Real Estate
Listing Office Phone(423) 282-2595
Listing Office Emailcbsre@coldwellbankersecurity.com
Listing AgentSeth Slagle
Listing Agent Phone(423) 534-4580
Buyer Agency Compensation3.00
Buyer Agency Compensation Type%
Compensation DisclaimerThe offer of compensation is made only to participants of the MLS where the listing is filed.
School Information
Elementary SchoolJohn Adams
Middle SchoolRobinson
High SchoolDobyns Bennett
MLS® Information
Days on market1
MLS® StatusActive
Listing DateMar 13, 2024
Listing Last ModifiedMar 13, 2024
MLS® Area407 - Col. Heights to Fordtown
MLS® #9963069

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This information is believed to be accurate, but without any warranty.