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Kingsport Multifamily Development Opportunity
For Sale
$140,000

1515 Bloomingdale Road, Kingsport, TN 37660

LAND - Kingsport, TN

Property SizeContact for details
Lot Size2.00 Acres
Days on Market207

Property Features for 1515 Bloomingdale Road

General Information

Property type Land
Property subtype Other
Zoning R3A
Subdivision Not In Subdivision
Lot features Rolling Slope
Elementary school Ketron
Middle school Ketron
High school West Ridge
Directions From Stone Dr (11W) turn unto Bloomingdale Pike across from Wellmont Medical Center. House about 2 miles down on right. Sign in yard.
Standard status Active
APN 030k E 011.00
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 145

Utilities

Utilities Water Available
Sewer type Septic Tank, Public Sewer
Water source Public
Listing Agency: Summit Properties
Listed By: Catrina Fletcher · License #359547
Added: Jan 29 Changed: Aug 4 Last Checked: Aug 24 at 4:06AM
MLS# 9990671

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.

This property presents a multifamily development opportunity on approximately two acres. Zoned R-3A, the land allows for up to 16 residential units, accommodating townhomes, apartments, or multiple small residential buildings; buyers should verify specific use and site plan requirements with zoning. The land is partially wooded with a rolling slope, suitable for terraced construction and efficient layout. One mobile home is permitted, offering flexibility for interim use or future planning. The property has access to city sewer while remaining on Bloomingdale Water, resulting in no city taxes. The owner was advised by zoning that there are no current plans for annexation into the city. Located near Stone Drive and John B. Dennis Highway, the property provides connectivity to major corridors, employment centers, shopping, and dining, while offering a quiet setting. An existing old home foundation and old septic tank are present on the property. A small creek runs along the lower portion, adding natural separation and potential aesthetic value. Property lines are estimated, and buyers are advised to verify them. The property is located in Kingsport, TN.

Key Highlights

  • R‑3A zoning allows for high‑density residential development (up to 16 units).
  • Access to city sewer and Bloomingdale Water results in no city taxes.
  • Strategic location near Stone Drive and John B. Dennis Highway provides strong connectivity.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 37660, TN

39,479
Population
20,405
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
65.7 sq mi
ZIP Area
601
Density / Sq Mi
$46,913
Median Household Income
$34,164
Median Earnings
$833
Median Rent
$177,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Two-acre lot zoned for high-density residential development.
Where is this land located?
The property is located at 1515 Bloomingdale Road Kingsport, TN.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: R‑3A zoning allows for **high‑density residential development (up to 16 units)**.; Access to city sewer and Bloomingdale Water results in no city taxes.; Strategic location near Stone Drive and John B. Dennis Highway provides strong connectivity.
More about this property
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