Developers Dream - Subdivision with 84 lots!

Vacant Land for Sale
Catylist Listing ID: 30835837
Property Subtypes: Residential (Single Family)
Gross Land Area: 11.80 Acres
Sale Price: $999,900
Unit Price: $84,737 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

Developers and Builders dream. Established Subdivision partially built out with 84 prime lots still available to be sold. There are an additional 20 lots that are not level, but very buildable. The property is already platted. Please refer to the plan attached to the listing.. The remaining lots are in the PUD and are ready to start construction. The price is based on the 84 lots and are priced below TAX appraisal.
Lots range from level, to slightly rolling to steeper.
Professional Photos and Videos to come next week.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: City of Kingsport
Tax ID/APN: 08212002725
Property Located Between: Eastern Star Rd and Miller Perry Elementary School
Property Visibility: Excellent
Largest Nearby Street: Fordtown Rd., Breckenridge Trace, Alpine Trail
Feet of Frontage: 1,000
Highway Access: Turn into development - Breckenridge Trace from Fordtown Rd.
Airports: TRI
Site Description: 11.8 Acres, Almost completely developed but vacant lots, several existing single family homes on Alpine Trail as well as a condo building of 7 units on Breckenridge. All roads have been paved, curbs, drainage, utilities, easements established,
Area Description: Growing area, Centrally located between Kingsport, Johnson City and Bristol. Large retail development planned nearby. Less than 1 mile from I-81 and I-26 Intersection.
Lot Frontage: 2000
Lot Depth: 500
Zoning Description: Residential
Part of Planned Development?: Yes
Development Name: Breckenridge
Topography: Other
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Road Easements, Drainage easements, fully paved,
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,514 20,855 40,617
Median Age: 45.17 42.37 42.69
Households: 583 8,666 16,732


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