Looking for the perfect spot to bring your development vision to life? Rare opportunity to own a prime 90-acre tract of land for sale, ready for development in the heart of Kingsport. Property borders two city streets, Moreland Drive and Ridgeway Road and very near intersection of John B Dennis Hwy. Land has all the typical characteristics common to this region – rolling hills with level areas including some rock formations and depressions presenting only minor challenges. Endless possibilities await with this expansive property - think residential or multi-family communities, commercial development, hospitality, tourism or recreation. It is zoned A1 - Agricultural which allows for single family homes with potential rezoning with City Approval. Conversations between the Property Owner's Legal Representative and the gas company state that parking/driveways will be allowed over the gas line however prospective purchasers need to verify all information to their satisfaction. Note: Boundaries on images are approximate, see attached survey for details.
Most utilities available on site or at road. Currently two homes exist on the property, with one being a rental with a monthly income of $1,200 a month. The other home, not included in this sale, is occupied by a family member and can be purchased separately; it sits on approximately two acres. A portion of the property is also being leased to a farmer with cattle, however, no long-term commitment is in place. This site sits at convenient Kingsport location, very near Eastman Chemical Company and I-26, Exit 4. Contact us today to learn more!