129 Lot 5 Lebanon Road, Kingsport, TN 37663
Local realty services provided by:CENTURY 21 Legacy
129 Lot 5 Lebanon Road,Kingsport, TN 37663
$85,900
- 0.64 Acres
- Lots / Land
- Active
Listed by: ed mahaffey
Office: tci group - jerry petzoldt agency, llc.
MLS#:9991133
Source:TNVA_MLS
Price summary
- Price:$85,900
About this home
Prime Multi-Family Development Opportunity - Lebanon Rd., Colonial Heights, TN
Discover exceptional development potential in the heart of Colonial Heights on desirable Lebanon Road. This 0.68-acre wooded tract is zoned R-3 (Multi-Family Residential), allowing for up to 15 units per acre, making it ideal for apartments, condominiums, duplexes, or single-family homes.
The lot features a gently rolling slope with mature trees, offering natural privacy and character while still providing flexibility for creative site design. Public water and sewer are available at the road, streamlining the development process.
Location is everything—and this property delivers:
Just 2 miles from Interstate 81
One exit northbound to the Tri-Cities Airport
One exit southbound to Interstate 26
Minutes from downtown Kingsport
Convenient to the Eastman Chemical Company industrial complex
The surrounding area offers a strong residential base with a mix of single-family homes, condominiums, and apartments, along with moderate traffic flow and excellent accessibility. Numerous drive-through and walk-in restaurants, churches, and established highway businesses support steady activity in the corridor.
Recreation and lifestyle amenities are nearby, including:
Warriors' Path State Park
Bays Mountain Park and Planetarium
Shopping conveniences are just minutes away, including:
Walmart
Food City
Ingles Markets
Bonus Opportunity:
This parcel is one of two side-by-side lots, offering a combined 1.32 acres with the potential for up to 18 apartment or condominium units (subject to planning approval and site plans). This creates an outstanding opportunity for a larger-scale residential development in a high-demand area.
Whether you're an investor, builder, or developer, this property offers zoning flexibility, infrastructure access, and a prime Colonial Heights location poised for growth.
Contact an agent
Home facts
- Listing ID #:9991133
- Added:1 day(s) ago
- Updated:February 13, 2026 at 04:57 AM
Structure and exterior
- Lot area:0.64 Acres
Schools
- High school:Dobyns Bennett
- Middle school:Robinson
- Elementary school:John Adams
Utilities
- Water:At Road, Public
- Sewer:At Road, Public Sewer
Finances and disclosures
- Price:$85,900
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