1939 Riverport Rd Kingsport, TN 37660
Exceptional opportunity to acquire approximately 19.4 acres of land in Kingsport, Tennessee, encompassing six separate parcels (APN: 045N B 04600, 045N B 04720, 045N B 04500, 045N B 04400, 045N B 04300, 045N B 04200). This property includes a 4,864 square foot home built in 1953, featuring a new roof installed in 2015. The home, situated on Riverport Road, offers seclusion and seasonal views of the South Fork Holston River. The property also includes a barn built in the 1980s. The land borders five roads: Riverport Road, Tilthammer Drive, Eastley Court, Ridgefields Road, and Park Ridge Drive, making it highly attractive for development. Originally a dairy farm, the property retains a standing silo. The home was designed by renowned architect William Hamilton Wallace, known for several Kingsport commercial projects. The property is located in the Ridgefields neighborhood, a desirable area boasting a renowned golf course and clubhouse, and is conveniently located near Riverfront Park, slated for significant enhancements with a $7.8 million grant. While the owner prefers to sell the entire tract, consideration may be given to selling individual parcels. This represents a rare chance to own one of the last large developable tracts in the established Ridgefields subdivision. The asking price is $2,423,900, with a price per acre of $128,589.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.