John B Dennis Opportunity

Vacant Land for Sale
Catylist Listing ID: 30796473
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 18.77 Acres
Sale Price: $1,299,000
Unit Price: $69,206 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/6/2022

Overview / Comments

Never before offered for sale.18.77 acres with extremely high visibility at the intersection of John B Dennis and S Wilcox Drive with additional availability of I-26 visibility and access. There are multiple uses for this property. The property offers a 1+/- acre developable lot that fronts on Southgate Drive across the street from a new hotel and the additional 17+/- acres that could be utilized for multi family, hotel or retail. A true find at one if Kingsport's busiest intersections.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 08207600650
Zoning: B3 / BC
Property Visibility: Excellent
Legal Description: Tax ID #. 076 006.50
Largest Nearby Street: Jhn B Dennis Hwy
Feet of Frontage: 594
Highway Access: I-26 and John B Dennis
Airports: Tri Cities Regional
Site Description: Multi purpose land with frontage on John B Dennis and Southgate Drive. Excellent visibility from I-26. Two pads on grade for construction. Part of the property has elevation making it very visible from most anywhere on the interchange.
Area Description: One of Kingsport's busiest intersections. Surrounded hotels, retail and restaurants. A 1 +/- acre lot fronts on Southgate directly across from a new hotel currently under construction.
Zoning Description: B3 / Bc
Topography: Other
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 594 27,471 66,514
Median Age: 39.58 45.39 43.72
Households: 253 12,113 28,898

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