Sid Martin Road

Vacant Land for Sale
Catylist Listing ID: 30324491
Property Subtypes: Industrial, Multi-Family
Gross Land Area: 25.25 Acres
Sale Price: $24,752 Per Acre
Total Price: $624,988
Land Splits Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Last Updated: 9/11/2019

Overview / Comments

Great potential for phased multifamily development via a down-zone from industrial to high-density multifamily zoning. Location is just across Sid Martin Road from Citi Commerce, one of the county's largest employers. City water and sewer are at the property.

This property's current industrial zoning would have good appeal for a service or light-industrial park. This site's long frontage, proximity to the airport and I-26, and location midway between Johnson City and Kingsport all heighten the property's industrial development potential.

A high-density apartment project is being developed on the adjacent tract to the North.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 012 57.0
Largest Nearby Street: Bobby Hicks Hwy (Highway 75)
Feet of Frontage: 1,400
Highway Access: Interstate 26 just 3 miles and Highway 75 just 2 blocks
Airports: TCRA approximately 10 minutes drive
Site Description: Gently rolling tract is bisected by a blue line stream which is affected by an associated flood plain. This would make for a captivating common area for a multifamily project or potential use for yard storage in an industrial capacity.
Lot Frontage: 1400
Lot Depth: 675
Zoning Description: M-1 Industrial
In Flood Plain?: Yes
Topography: Rolling
Easements: Electric Lines, Utilities
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,701 15,736 45,411
Median Age: 39.51 39.64 42.46
Households: 738 6,631 18,955


Photograph of Listing Agent

Michael E. Green, CCIM MAI SIOR

Green Commercial Realty,Inc. NETAR CMLS Member
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