Mixed-Use Land for Sale in Kingsport, Tennessee

Shipp Springs Rd Kingsport, TN 37660

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$2,990,000
71.1 acres
pending saleUnder contract

DEVELOPERS - Mixed Use Development Opportunity with Survey, Engineering and Permitting Approval Already in Place. Zoned R3 and READY TO DIG.

Unlock the potential of prime real estate with this unparalleled opportunity on Shipp Springs Rd. Spanning approximately 71 acres, this mixed-use development site is a visionary's dream, boasting a coveted land disturbance/grading permit already in place.

Situated within the City Limits of Kingsport, this property has seamlessly integrated into the urban landscape, offering a strategic location for transformative growth. The stamp of approval from the Kingsport City Council for high-density residential development sets the stage for immediate action, signaling a green light for progress.

With the flexibility to accommodate 15 units per acre, the canvas is vast and the possibilities endless. From modern apartments to single-family attached and detached homes, the potential for crafting diverse living spaces is boundless. Whether catering to buyers or renters, the opportunity to shape vibrant communities is at your fingertips.

Embark on this journey of development with confidence, knowing that the City of Kingsport is committed to supporting your vision. Significant off-site improvements, totaling upwards of $1 million, will be covered by the city, further enhancing the appeal and feasibility of this project.

Delve into the details outlined in the attached Offering Memorandum and seize the chance to redefine urban living in Kingsport. Contact us today to capitalize on this rare opportunity and become a catalyst for positive change on Shipp Springs Rd. The future awaits, and it begins here.

Directions

Enter property from Woodmont Ave. off Stone Dr. Call Agent for specific directions.

Location

Street Address
Shipp Springs Rd
Community
Bloomingdale
Elevation
1,358 feet
Coordinates
36.5665, -82.5541

Property details

Zoning
R3
MLS Number
TVARMLS 9967282
Date Posted

Parcels

  • 030o A 015.00

This 71.1-acre property is located at Shipp Springs Rd in Kingsport, TN 37660 with latitude 36.5665 and longitude -82.5541. The property is currently pending sale for $2,990,000 with a price per acre of $42,053. Listing data is sourced from Tennessee Virginia Regional Multiple Listing Service # 9967282.

Verify sale details at the property source or contact TCI Group - Jerry Petzoldt Agency at (423) 915-0911.

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Copyright (C) 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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