USATNKingsportSherwood Hills129 Lot 5 Lebanon Rd

129 Lot 5 Lebanon Rd, Kingsport, TN

Name: 129 Lot 5 Lebanon Rd, For Sale in Kingsport - Zoocasa
Brand: TCI Group - Jerry Petzoldt Agency, LLC
SKU: 9991133
Price: 85900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$85,900

000

MLS® 9991133

Key Facts
Description
Map

Key Facts

Type Other

Levels Land

Size -

Garage No

Taxes

Days Active 103

Lot Size 0.64 acres

Approx. Age

MLS® Number 9991133

Property Address: 129 Lot 5 Lebanon Rd, Kingsport, TN, 37663-2624

Average square foot calculated using Size range provided by listing agent.

Description

Prime Multi-Family Development Opportunity - Lebanon Rd., Colonial Heights, TN Discover exceptional development potential in the heart of Colonial Heights on desirable Lebanon Road. This 0.68-acre wooded tract is zoned R-3 (Multi-Family Residential), allowing for up to 15 units per acre, making it ideal for apartments, condominiums, duplexes, or single-family homes. The lot features a gently rolling slope with mature trees, offering natural privacy and character while still providing flexibility for creative site design. Public water and sewer are available at the road, streamlining the development process. Location is everything—and this property delivers: Just 2 miles from Interstate 81 One exit northbound to the Tri-Cities Airport One exit southbound to Interstate 26 Minutes from downtown Kingsport Convenient to the Eastman Chemical Company industrial complex The surrounding area offers a strong residential base with a mix of single-family homes, condominiums, and apartments, along with moderate traffic flow and excellent accessibility. Numerous drive-through and walk-in restaurants, churches, and established highway businesses support steady activity in the corridor. Recreation and lifestyle amenities are nearby, including: Warriors' Path State Park Bays Mountain Park and Planetarium Shopping conveniences are just minutes away, including: Walmart Food City Ingles Markets Bonus Opportunity: This parcel is one of two side-by-side lots, offering a combined 1.32 acres with the potential for up to 18 apartment or condominium units (subject to planning approval and site plans). This creates an outstanding opportunity for a larger-scale residential development in a high-demand area. Whether you're an investor, builder, or developer, this property offers zoning flexibility, infrastructure access, and a prime Colonial Heights location poised for growth.

MLS® Number9991133

Laundry Level

Central VacNo

FireplaceNo

Acreage0.64

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 12, 2026List Date

$85,900List Price

Commute

Commute

Starting Address

Destination Address

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