West Stone Drive 41 Acre Site

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: $1,040,000
Unit Price: $25,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/4/2018

Overview / Comments

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 41.6 acres -/+ runs beside new 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 41.5 acre site nearby also for sale, see separate listing. Contact listing agent to discuss options and for further site details.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Tax ID/APN: 045B C 024.00
Zoning: B-3 HIGHWAY ORIENTED BUSINESS DISTRICT AND R-3 LOW DENSITY APARTMENT DISTRICT

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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
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