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4600 Stone Drive - Kingsport Development Site 13.89 Acres of Residential Land in Kingsport, TN 37660

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Investment Highlights

Potential City-Backed Development Support

Unparalleled Potential in Kingsport

Executive Summary

Kingsport Development Site, is 14-acre fully entitled multifamily development opportunity along West Stone Drive in Kingsport, Tennessee. Zoned and approved for 274 multifamily units, the site is shovel-ready with all utilities available and a full suite of due diligence already completed, including an ALTA survey, rezoning documentation, geotechnical reports, environmental assessments, and a subsurface evaluation. Located within a federally designated Opportunity Zone, investors have the potential to benefit from significant tax advantages, including capital gains deferrals and tax-free appreciation.

Property Facts

Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units
No. Lots	1	Total Lot Size	13.89 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential
Zoning	B-3

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Multifamily Apartment Units
Total Lot Size	13.89 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-3

1 Lot Available

Lot

Lot Size	13.89 AC

Lot Size	13.89 AC

Kingsport Development Site, is 14-acre fully entitled multifamily development opportunity along West Stone Drive in Kingsport, Tennessee.

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(615) 861-9906

Contacts

Adam Klenk
Austin Heithcock
Jordan Arand
Blake Wiser
Quentin Nichols
Northmarq

Listing ID: 38236488
Date on Market: 2025-10-28
Last Updated:
Address: 4600 Stone Drive, Kingsport, TN 37660

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4600 Stone Drive, Kingsport, TN for sale Primary Photo- Image 1 of 3 — Screenshot 2025-05-15 160031

4600 Stone Drive, Kingsport, TN for sale Building Photo- Image 2 of 3 — Screenshot 2025-05-15 160051

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