Multi-Family Development Land
For Sale
Contact for pricing
129 Lebanon Rd, Kingsport, TN 37663
Zoned R-3 for multi-family use, this wooded tract offers public water and sewer at the road.
Property SizeContact for details
Lot Size0.68 Acres
Days on Market179
Property Features for 129 Lebanon Rd
General Information
Standard status
Active
Lot size
0.68 Acres
Property subtype
LAND
Zoning
R-3
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
TCI Group-Jerry Petzoldt Agency LLC
(423) 430-4215
Listed By:
Ed Mahaffey · License #326486
(423) 430-4215
Source:
Moodyscre
Added: Feb 13
Changed: Aug 8
Last Checked: Aug 8 at 10:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCI Group-Jerry Petzoldt Agency LLC
Investment Insights
Based on property information with market context.
Lot 5 is a multi-family development opportunity featuring a 0.68-acre wooded tract with a gently rolling slope and mature trees. The property is zoned R-3 (Multi-Family Residential), supporting up to 15 units per acre. Public water and sewer are available at the road, which can streamline site planning and utility connections.
The site is located at 129 Lebanon Rd in Kingsport, TN 37663. It’s described as being in Colonial Heights on Lebanon Road, with proximity to Interstate 81 (about 2 miles), the Tri-Cities Airport, and Interstate 26. The corridor is characterized by a mix of residential development and highway-accessible businesses, with nearby shopping and recreation options also mentioned.
The public remarks note that this parcel is one of two side-by-side lots, which may allow a combined 1.32-acre development footprint (subject to planning approval and site plans).
The site is located at 129 Lebanon Rd in Kingsport, TN 37663. It’s described as being in Colonial Heights on Lebanon Road, with proximity to Interstate 81 (about 2 miles), the Tri-Cities Airport, and Interstate 26. The corridor is characterized by a mix of residential development and highway-accessible businesses, with nearby shopping and recreation options also mentioned.
The public remarks note that this parcel is one of two side-by-side lots, which may allow a combined 1.32-acre development footprint (subject to planning approval and site plans).
Key Highlights
- 0.68‑acre wooded Lot 5 in Colonial Heights, TN, zoned R‑3 for multi‑family residential use
- R‑3 zoning allows up to 15 units per acre, for potential apartments, condominiums, duplexes, or single‑family homes
- Public water and sewer are available at the road, supporting multi‑family development
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 37663, TN
14,392
Population
6,679
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
558
Density / Sq Mi
$76,122
Median Household Income
$45,399
Median Earnings
$886
Median Rent
$224,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned R-3 for multi-family use, this wooded tract offers public water and sewer at the road.
Where is this residential land & home lot 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: 0.68‑acre wooded Lot 5 in Colonial Heights, TN, zoned R‑3 for multi‑family residential use; R‑3 zoning allows up to 15 units per acre, for potential apartments, condominiums, duplexes, or single‑family homes; Public water and sewer are available at the road, supporting multi‑family development
