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 |
| Zoning: |
B-3 HIGHWAY ORIENTED BUSINESS DISTRICT AND R-3 LOW DENSITY APARTMENT DISTRICT |
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 |
|
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