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Development Opportunity in Colonial Heights

129 Lot 5 Lebanon Road Kingsport, TN 37663

129 Lot 5 Lebanon Road, Kingsport, TN, 37663
$85,900
For Sale
Claim this Listing
$85,900

LAND - Kingsport, TN

Lot Size0.64 Acres
AddedFeb 12
Days on Market153
Last RefreshJul 15 at 11:06 pm

Property Features for 129 Lot 5 Lebanon Road

General Information

Property type
Land
Property subtype
Other
Zoning
R 3
Standard status
Active
APN
092j B 003.00
Lot size
0.64 Acres

Taxes and HOA fees

Tax Annual Amount
99

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Listing agent Ed Mahaffey License #355986

Listing office TCI Group - Jerry Petzoldt Agency, LLC 5 Red Bush Court Suite 20, TN

Listing date Feb 12, 2026

MLS# 9991133 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Located on Lebanon Road in Colonial Heights, this 0.68-acre wooded tract presents a multi-family development opportunity. Zoned R-3, the property allows for up to 15 units per acre, suitable for apartments, condominiums, duplexes, or single-family homes. The lot features a gently rolling slope with mature trees, offering natural privacy. Public water and sewer are available at the road. The property is located 2 miles from Interstate 81, one exit northbound to the Tri-Cities Airport, and one exit southbound to Interstate 26. It is also minutes from downtown Kingsport and convenient to the Eastman Chemical Company industrial complex. The surrounding area includes single-family homes, condominiums, and apartments, with moderate traffic flow and accessibility. Numerous restaurants, churches, and highway businesses are nearby. Recreation and lifestyle amenities include Warriors' Path State Park and Bays Mountain Park and Planetarium. Shopping conveniences are also minutes away, including Walmart, Food City, and Ingles Markets. The property 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.

Key Highlights

  • Prime location on Lebanon Rd. in Colonial Heights, TN, offering excellent accessibility.
  • Zoned R‑3 allowing for up to 15 units per acre, ideal for development options.
  • Public water and sewer available at the road.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Building Supply HVAC Service Big Box & Wholesale Store Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 0.68-acre wooded tract zoned R-3 in Kingsport, TN.
Where is this residential land & home lot located?
The property is located at 129 Lot 5 Lebanon Road Kingsport, TN.
What is the asking price?
The asking price for this property is $85,900.
What are key features of this property?
This property features: Prime location on Lebanon Rd. in Colonial Heights, TN, offering excellent accessibility.; Zoned R‑3 allowing for up to 15 units per acre, ideal for development options.; Public water and sewer available at the road.
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