I-81 at Airport Parkway 10 Acre Site

Vacant Land for Sale
Catylist Listing ID: 29926784
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 10.32 Acres
Sale Price: $375,000
Unit Price: $36,337 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2017

Overview / Comments

Great Interstate Site! 10 acre -/+ tract of land For Sale just off of I-81 at Exit 63 but still within Kingsport City Limits. Property is situated adjacent to Second Harvest Food Bank and behind MHC trucking. The majority of the property is level with some grading work. Parcel perimeter and access off Airport Parkway offers great signage options. See attached plat for details. Property is ideally suited for businesses desiring central Tri-Cities location with immediate and easy access to I-81, close Tri-Cities Airport and Northeast State Community College vicinity.

A new county High School is planned for the immediate area on Lynn Road with a proposed connector road that will pass directly in front of this property. The connector road will serve a new 1,700-student school, estimated to cost about $60 million, serving students from the current Sullivan North and South high school zones and most from Sullivan Central High. See link for news article on connector road. Contact broker to discuss options for this great commercial property.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Zoning: B-3


Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,558 43,134
Median Age: 44.63 44.37
Households: 5,812 17,704
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