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 |
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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