Pending

Active Under Contract

Tbd Shipp Springs Road

Kingsport TN, 37660

$2,990,000


$0.97 per sqft

Pending

Active Under Contract

71.1 Acres

Land

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.

9967282

MLS ID

June 15, 2024

Listed

November 22, 2024

Updated

Map

Tbd Shipp Springs Road
Kingsport TN, 37660

Exterior/Building Features

Lot Size

71.1 Acres


Lot Features

Rolling Slope, See Remarks


Sewer

At Road

School Information

High School

West Ridge


Elementary School

Ketron

Other Property Details

Area Name

403 - Bloomingdale, Crown Col, Windrid


Days on Market

142


Garage

No


View

Yes


View Description

Mountain(s)


County

Sullivan


Water Source

At Road


Pool

No


Zoning

R3

Listing History

Date

Event

Price

11/3/2024

Pending

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