RiverBend Development - Lot 5

Vacant Land for Sale
Also listed as Retail-Commercial, Shopping Center
Catylist Listing ID: 29927718
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 1.22 Acres
Sale Price: $305,000
Unit Price: $250,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/19/2016

Overview / Comments

Nice level 1.22 acre lot behind Murphy Express c-store and across from new Dollar Tree parcel. This site is cleared and ready for development. Lot 4 and 5 can be combined for a total of nearly 2.5 acres. Easy access via new traffic signal on Ft. Henry Drive. RiverBend is Kingsport's premier mixed use development surrounding Wal Mart on Ft. Henry Drive with parcels and outparcels available from 1 acre to over 18 acres.

A popular blend of housing, retail, restaurant and offices along a river front area, RiverBend has three lots sold - newly opened Bonjangle's restaurant, Dollar Tree store soon to open and Villas at River Bend apartment complex under development.

Riverbend Drive, a new road through the development is under construction with a traffic signal at Ft. Henry Drive. The concept plan also includes a proposed city park along the Holston River with a canoe/kayak launch area and river front walking trail.

Elcan and Associates, Inc. of Mobile, AL, in conjunction with TCI Group-Jerry Petzoldt Agency of Kingsport, TN created RiverBend after completion of a survey of the 85-acre site, a phase one environmental impact study, and traffic study. We welcome potential tenants that will contribute to the overall experience — retail shops, restaurants, entertainment, health and wellness, professional offices and specialty service retailers.

Follow Facebook page via link included for ongoing updates as this exciting project evolves. Full property portfolio available upon request. Contact agent to discuss the opportunities available to be a part of this unique Kingsport community concept.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Property Located Between: Kingsport and Johnson City
Property Visibility: Excellent
Largest Nearby Street: Ft. Henry Drive
Topography: Undulating

Attachments & Media

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,695 33,008 71,955
Median Age: 42.8 43.81 43.94
Households: 1,700 14,123 31,005
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