1. Tennessee
  2. Kingsport
  3. Tbd Shipp Springs Road
$2,990,000

Tbd Shipp Springs Road, Kingsport, TN 37660

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon71.1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

DEVELOPERS - Mixed Use Development Opportunity with Survey, Engineering and Permitting Approval Already in Place. Zoned R3 and READY TO DIG. Unlock the potential of prime real estate with this unparalleled opportunity on Shipp Springs Rd. Spanning approximately 71 acres, this mixed-use development site is a visionary's dream, boasting a coveted land disturbance/grading permit already in place. Situated within the City Limits of Kingsport, this property has seamlessly integrated into the urban landscape, offering a strategic location for transformative growth. The stamp of approval from the Kingsport City Council for high-density residential development sets the stage for immediate action, signaling a green light for progress. With the flexibility to accommodate 15 units per acre, the canvas is vast and the possibilities endless. From modern apartments to single-family attached and detached homes, the potential for crafting diverse living spaces is boundless. Whether catering to buyers or renters, the opportunity to shape vibrant communities is at your fingertips. Embark on this journey of development with confidence, knowing that the City of Kingsport is committed to supporting your vision. Significant off-site improvements, totaling upwards of $1 million, will be covered by the city, further enhancing the appeal and feasibility of this project. Delve into the details outlined in the attached Offering Memorandum and seize the chance to redefine urban living in Kingsport. Contact us today to capitalize on this rare opportunity and become a catalyst for positive change on Shipp Springs Rd. The future awaits, and it begins here.

Listing Status:
Pending
Date Added:
June 15, 2024 at 05:00AM
Listing Office:
TCI Group - Jerry Petzoldt Agency, LLC : 423-230-0255
Listing Agent:
Ed Mahaffey : 423-430-4215
MLS ID:
9967282

This listing courtesy of Ed Mahaffey, TCI Group - Jerry Petzoldt Agency, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Ketron Elementary School

3301 Bloomington Pike, Kingsport, TN, 37660

Grades PK-5

3.94 miles away

S

Sullivan Heights Middle School

, Kingsport, TN, 37660

Grades 6-8

4.23 miles away

W

West Ridge High School

, Blountville, TN, 37617

Grades 9-12

11.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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