Shipp Spg Rd And Woodmont Ave Kingsport, TN 37660

Property Details for 0 Shipp Spg Rd And Woodmont Ave

Lot size

71.00 lot acres

Property type

Land

Description

This exceptional 71-acre commercial land parcel, situated at the intersection of Shipp Springs Road and Woodmont Avenue in Kingsport, Tennessee, presents a remarkable investment opportunity. Zoned R3, this property boasts pre-approved plans for high-density residential development, as approved by the Kingsport City Council. Detailed surveys, engineering studies, and necessary permitting are already in place, significantly streamlining the development process and minimizing upfront costs. The vision encompasses a diverse range of housing options, from apartment complexes to single-family attached and detached homes, catering to a broad spectrum of housing needs. Adding to its appeal, the City of Kingsport will cover substantial off-site improvements valued at over $1 million, further enhancing the financial viability of this project. This central Kingsport location offers unparalleled convenience, with immediate access to a wealth of amenities including shopping centers, diverse dining options, excellent schools, healthcare facilities, and major employers. The 37660 zip code ensures easy access to regional transportation networks. This property represents a unique chance to capitalize on the strong demand for housing in a thriving Tennessee community. The substantial acreage and pre-approved development plans make this an exceptional opportunity for developers seeking a turnkey project with significant potential for high returns.