I-81 Exit 56 at Kendrick Creek Road Property - REDUCED!

Vacant Land for Sale
Catylist Listing ID: 30770639
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 0.72 Acres
Sale Price: $509,000
Unit Price: $706,944 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/28/2022

Overview / Comments

Price Reduced! Convenient I-81 location! Prime for redevelopment, this .72 acre parcel currently has rental house which, once removed by current owner, is ideal site for new a c-store and fast food travel center combo, restaurant, gas station or services building.

This site offers one of the highest traffic counts not only in East Tennessee but in the Southeast US. This site is just off the Exit 56, I-81 south bound ramp on I-81 at the I-81 and I-26 intersection. Combined traffic counts are 85,000 vehicles per day. Long range visibility with heavy traffic all day long. Located convenient to both Kingsport and Johnson City. Zoning is B4. 2091 Taxes City: $1,070.34; County: $1,332.55. Contact agent for further details.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County / City of Kingsport
Tax ID/APN: 08211909720
Zoning: B4
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,514 18,643 33,847
Median Age: 45.17 43.69 42.74
Households: 583 7,615 13,995
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