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Property profile & analytics
OFF-MARKET
Land

0 Millennium Dr Kingsport, TN 37617

5.44 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.44 ac (236,966 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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