0 Millennium Dr Kingsport, TN 37617
This exceptional 5.44-acre commercial land parcel presents a prime investment opportunity in Kingsport, Tennessee. Strategically located off I-81, exit 63, this property enjoys unparalleled visibility and accessibility, situated approximately 0.2 miles from the interstate and just 2.5 miles from both the Tri-Cities Airport and Northeast State Community College. Its convenient location places it within close proximity to a variety of amenities, including hotels, restaurants, and shopping centers, ensuring high traffic and potential for diverse business ventures. The property is zoned B-3 (Highway Oriented Business District), allowing for a wide range of commercial uses and offering the added advantage of potential subdivision. The lot's size and zoning make it ideal for development projects requiring significant space and high visibility. Detailed site plans and zoning information are readily available upon request. The property's address is Millennium Drive, Kingsport, TN 37617, with the Assessor's Parcel Number (APN) being 082 078 07000 000 2019. The asking price for this exceptional commercial land is $456,500. Don't miss this chance to acquire a highly desirable property in a thriving commercial area. Contact us today to learn more and schedule a site visit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.