05555 Sullivan Gardens Pkwy Kingsport, TN 37664
This exceptional 22.61-acre property in Kingsport, Tennessee, presents a unique opportunity for diverse uses. Located at 05555 Sullivan Gardens Parkway, Kingsport, TN 37664, this land boasts a blend of natural features ideal for hunting, recreation, and residential development. The property includes virgin timber, providing a significant natural resource. A shared stocked pond adds to the recreational appeal. Pasture and wooded areas offer a variety of landscapes. Access is convenient via an unlocked red gate (as shown in available photos), though the right of way to the right should be avoided. The owner maintains a right of way from the main road and a neighboring property. Utilities are readily available, with water and electric services prepared for connection. Multiple potential building sites are present, enhancing the residential possibilities. A natural spring providing potable drinking water further enhances the property's value and self-sufficiency. The property is zoned RS. This versatile land offers a compelling investment opportunity for those seeking a blend of recreational enjoyment and development potential in a desirable Tennessee location.
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.