West Stone Drive 40 Acre Site - REDUCED!

Vacant Land for Sale
Catylist Listing ID: 30327948
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 41.60 Acres
Sale Price: $800,000
Unit Price: $19,230 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/21/2022

Overview / Comments

MAJOR PRICE DROP! Super West Stone Drive Location! Large tract of undeveloped commercial land for sale within the Walmart Shopping Complex on West Stone Drive in Kingsport. This 40+/- acres runs beside Ultimate Shine 3 Minute Express car wash near Fatz Cafe and Tractor Supply. Easily accessed via Minnich Trail at signalized intersection at Lawson Drive entrance to Walmart. The zoning is split B-3 general commercial use and R-3 apartment district which allows for 15 units per acre. See attached for zoning code specifics. Complete rezoning to one or the other should not be too problematic but any prospective purchasers would need to produce a zoning development plan accompanied by a zoning application. Possible uses, therefore, include retail, commercial, restaurant or residential development. Can be subdivided but owners prefer to sell as a whole. Another 30+/- acre adjoining parcel also for sale for a potential of over 70 acres, see separate listing. Contact listing agent to discuss options and for further site details.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 045B C 024.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,264 29,741 55,076
Median Age: 45.75 41.81 43.2
Households: 2,366 13,003 24,261


Photograph of Listing Agent

Jacqueline Lesley Hewitt

TCI Group - Jerry Petzoldt Agency, LLC NETAR CMLS Member
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