TBD Lebanon Road Lot 4 & 5

Kingsport, TN

Land for Sale - $300,000


Agent Info

Seth Slagle
Coldwell Banker Security Real Estate

Property Info

CIMLS#1156543
Location
  TBD Lebanon Road Lot 4 & 5
  Kingsport TN 37663
UpdatedMarch 21st, 2024
TypeLand
Price$300,000

Property Description

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.


Financials