Sales Price: $2,990,000
- County Tax: $497
- Lot Size: 71.10 acre(s)
- Water / Sewage: At Road
- Utilities Available: Electricity Available
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.
Lot Dimensions: Irregular Road Frontage: 1479ft
Land Type: Residential Other Features: None Permitted: Site Built
Community: Sullivan County, , Not In Subdivision Subdivision, Zoned R3
Schools: Ketron Elementary, Sullivan Heights Middle Middle, West Ridge High