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    Teasel Dr Kingsport, TN 37660

    Sponsored
    For Sale
    $249,500

    High-visibility land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3.42-acre parcel of land in Kingsport, Tennessee, presents a unique investment opportunity. Located on Teasel Drive, off West Stone Drive, this property boasts exceptional visibility due to its high-traffic location. With an average daily traffic count exceeding 30,000 vehicles on West Stone Drive, and proximity to Interstate 26 (within 1.5 miles), this site offers unparalleled accessibility. The property's zoning permits residential use. The land is priced at $72,953 per acre, totaling $249,500. Its strategic location near Holston Valley Medical Center and Holston Medical Group, alongside existing multi-family, commercial, and medical facilities, makes it suitable for a variety of development projects. The property is offered fee simple, with the APN being 046A B 002.00. This prime location and versatile zoning make this a compelling investment for developers seeking high visibility and convenient access in a thriving area of Kingsport. The Sullivan County location and 37660 zip code further enhance its appeal.

    Property Features for 0 Teasel Dr

    General Information

    Property type
    Land
    Lot Size
    148,975 SF

    HighLights

    • Highly visible 3.42‑acre parcel on Teasel Drive, Kingsport, TN.
    • Proximity to Holston Valley Medical Center and Holston Medical Group.
    • 1.5 miles from I‑26.
    • Excellent access from high‑traffic West Stone Drive (ADT > 30,000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.5588696
    Latitude
    36.5620647

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    FAQs

    What type of property is this?
    Land - High-visibility land, ideal for development.
    Where is this land located?
    The property is located at Teasel Dr Kingsport, TN.
    What is the asking price?
    The asking price for this property is $249,500.
    What are key features of this property?
    This property features: Highly visible 3.42-acre parcel on Teasel Drive, Kingsport, TN.; Proximity to Holston Valley Medical Center and Holston Medical Group.; 1.5 miles from I-26.
    (423) 968-5971
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Teasel Dr Kingsport, TN 37660
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