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129 Lot 5 Lebanon Road, Kingsport, TN 37663 - $85,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Land Sub Type: MLS Number: 9991133
Living Area: 0 Lot Acreage: 1 Year Built:
Elementary School: John Adams Middle School: Robinson High School: Dobyns Bennett
Property Description
Prime Multi-Family Development Opportunity - Lebanon Rd., Colonial Heights, TN Discover exceptional development potential in the heart of Colonial Heights on desirable Lebanon Road. This 0.68-acre wooded tract is zoned R-3 (Multi-Family Residential), allowing for up to 15 units per acre, making it ideal for apartments, condominiums, duplexes, or single-family homes. The lot features a gently rolling slope with mature trees, offering natural privacy and character while still providing flexibility for creative site design. Public water and sewer are available at the road, streamlining the development process. Location is everything—and this property delivers: Just 2 miles from Interstate 81 One exit northbound to the Tri-Cities Airport One exit southbound to Interstate 26 Minutes from downtown Kingsport Convenient to the Eastman Chemical Company industrial complex The surrounding area offers a strong residential base with a mix of single-family homes, condominiums, and apartments, along with moderate traffic flow and excellent accessibility. Numerous drive-through and walk-in restaurants, churches, and established highway businesses support steady activity in the corridor. Recreation and lifestyle amenities are nearby, including: Warriors' Path State Park Bays Mountain Park and Planetarium Shopping conveniences are just minutes away, including: Walmart Food City Ingles Markets Bonus Opportunity: This parcel is one of two side-by-side lots, offering a combined 1.32 acres with the potential for up to 18 apartment or condominium units (subject to planning approval and site plans). This creates an outstanding opportunity for a larger-scale residential development in a high-demand area. Whether you're an investor, builder, or developer, this property offers zoning flexibility, infrastructure access, and a prime Colonial Heights location poised for growth.
Listing Status
Active
  • More Listing Info
    AccessTrans:Airport 5 Miles or Lesstrue
    AccessTrans:Interstate 1 Mile or Lesstrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    General Property Description:Acres0.64
    General Property Description:Elementary School3John Adams
    General Property Description:High School3Dobyns Bennett
    General Property Description:HOA YNNo
    General Property Description:Home WarrantyNo
    General Property Description:Lot Size SqFt27878.0
    General Property Description:Lot Size2121x283x80x277
    General Property Description:Middle School2Robinson
    General Property Description:Road Frontage Length121
    General Property Description:Senior Community YN3No
    General Property Description:Zoning2R 3
    Info Available:Topo Maptrue
    Info Available:Traffictrue
    Land Type:Residentialtrue
    Location Tax Legal Info:City Taxes103.15
    Location Tax Legal Info:County Taxes99.19
    Location Tax Legal Info:Deed Book #3565
    Location Tax Legal Info:Deed Page #2036
    Location Tax Legal Info:Lot #5
    Location Tax Legal Info:Plat MapJ
    Lot Features:Rolling Slope2true
    Lot Features:Secludedtrue
    Lot Features:Wooded2true
    Other Features:Street Lightstrue
    Permitted:Modular3true
    Permitted:Site Built3true
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Ft. Henry Dr., turn on Lebanon Rd. Go 600 Yds. to property on left.
    Remarks Misc:Public Remarks5Prime Multi-Family Development Opportunity - Lebanon Rd., Colonial Heights, TN Discover exceptional development potential in the heart of Colonial Heights on desirable Lebanon Road. This 0.68-acre wooded tract is zoned R-3 (Multi-Family Residential), allowing for up to 15 units per acre, making it ideal for apartments, condominiums, duplexes, or single-family homes. The lot features a gently rolling slope with mature trees, offering natural privacy and character while still providing flexibility for creative site design. Public water and sewer are available at the road, streamlining the development process. Location is everything—and this property delivers: Just 2 miles from Interstate 81 One exit northbound to the Tri-Cities Airport One exit southbound to Interstate 26 Minutes from downtown Kingsport Convenient to the Eastman Chemical Company industrial complex The surrounding area offers a strong residential base with a mix of single-family homes, condominiums, and apartments, along with moderate traffic flow and excellent accessibility. Numerous drive-through and walk-in restaurants, churches, and established highway businesses support steady activity in the corridor. Recreation and lifestyle amenities are nearby, including: Warriors' Path State Park Bays Mountain Park and Planetarium Shopping conveniences are just minutes away, including: Walmart Food City Ingles Markets Bonus Opportunity: This parcel is one of two side-by-side lots, offering a combined 1.32 acres with the potential for up to 18 apartment or condominium units (subject to planning approval and site plans). This creates an outstanding opportunity for a larger-scale residential development in a high-demand area. Whether you're an investor, builder, or developer, this property offers zoning flexibility, infrastructure access, and a prime Colonial Heights location poised for growth.
    Road Access:2 Lane Roadtrue
    Road Access:City Streettrue
    Road Surface Type:Pavedtrue
    Sewer:At Roadtrue
    Sewer:Public Sewertrue
    Utilities:Cable Availabletrue
    Utilities:Electricity Availabletrue
    Utilities:Fiber Availabletrue
    Utilities:Sewer Availabletrue
    Utilities:Water Availabletrue
    View:Mountain(s)true
    Water:At Road2true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
TCI Group - Jerry Petzoldt Agency, LLC
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