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Multi-Family Development Land Tract
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129 Lebanon Rd, Kingsport, TN 37663

Wooded R-3 zoned lot with public water and sewer available at the road for multi-family residential development.

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
Listing Agency: TCI Group-Jerry Petzoldt Agency LLC
Listed By: Ed Mahaffey · License #326486
Source: Moodyscre
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 8 at 10:50AM

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.

This offering is Lot 4, a wooded tract totaling 0.68 acres, suited for multi-family residential development under R-3 zoning. The site features a gently rolling slope with mature trees that can support privacy and site design flexibility.

Public water and sewer are available at the road, which can streamline the development process. The property is located along Lebanon Rd in Colonial Heights, with convenient access to major routes including Interstate 81 and Interstate 26, and it is near Kingsport and the Tri-Cities Airport.

The R-3 zoning permits multi-family uses such as apartments, condominiums, duplexes, or single-family homes, with up to 15 units per acre referenced in the remarks. The parcel is one of two side-by-side lots, which the remarks indicate could be combined for a larger development opportunity subject to planning approval and site plans.

Key Highlights

  • 0.68‑acre wooded Lot 4 zoned R‑3 (Multi‑Family Residential)
  • R‑3 zoning allows up to 15 units per acre for multi‑family development
  • Public water and sewer available at the road

Property Analytics

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Wooded R-3 zoned lot with public water and sewer available at the road for multi-family residential development.
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 4 zoned R‑3 (Multi‑Family Residential); R‑3 zoning allows up to 15 units per acre for multi‑family development; Public water and sewer available at the road
(423) 430-4215 Call to check price and availability
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