Listing Agency: TCI Group-Jerry Petzoldt Agency LLC g***@tcigroup.com Show Phone

Listed By: Ed Mahaffey · License #326486 Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:38AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity in Colonial Heights, comprising two lots that total 1.32 acres. The property is zoned R3, permitting up to 15 units per acre. This zoning designation may appeal to investors looking to construct multifamily units. Sewer access is available on the northern side of Lot 4, potentially simplifying connection to the public sewer system. Verification of all information is the responsibility of the buyer and buyer's agent.

Key Highlights

• Rare find due to zoning and size.
• 1.32 acre property consisting of two lots.
• Zoned R3, allowing up to 15 units per acre.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Big Box & Wholesale Store Auto Repair Shop Storage Facility

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

371

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Two lots totaling 1.32 acres zoned for multifamily development.

Where is this land located?

The property is located at 129 Lebanon Rd 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: Rare find due to zoning and size.; 1.32 acre property consisting of two lots.; Zoned R3, allowing up to 15 units per acre.