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Tbd Shipp Springs Road, Kingsport, TN 37660

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For Sale
Sale Pending

$2,990,000

71.1 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 71.1 acres
    Lot size

Explore this Property

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.
MLS# 9967282

Courtesy Of TCI GROUP - JERRY PETZOLDT AGE

(423) 230-0255

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    71.1 Acres
  • View Type
    Mountain

Map and Directions

Directions to Tbd Shipp Springs Road, Kingsport, TN 37660

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(423) 282-1885
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Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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