Project Information

Bid Title

Real Estate Parcel 046H, G, 003.00 526 Sequoyah Drive

Issuing Agency

City of Kingsport

Location

Tennessee

Published Date

May 20, 2026

Closing Date

May 28, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Category*	Solicitation Name	Addenda	Engineer/Architect Contact	Pre-bid Meeting	Bid Opening Date & Time / Reply Date
ITB	Real Estate Parcel 046H, G, 003.00 526 Sequoyah Drive		Angie Marshall - phone 4232299384		May 28,2026 04:00 PM ET

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INSTRUCTIONS TO BIDDERS - SEALED BID FOR REAL ESTATE

PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE

If you have questions or need clarification of these instructions, you may contact Angie Marshall,

Municipal Clerk/Deputy City Recorder, at (423) 229-9384.

The City of Kingsport, Tennessee invites sealed bids for the purchase of real property and any

improvements thereon, said property located in the Eleventh (11th) Civil District of Sullivan County, being

more particularly identified as TAX PARCEL ID NO.: 046H, G, 003.00 and located at 526 Sequoyah

Drive in the City of Kingsport, Tennessee, and being that property conveyed to the City of Kingsport via

Quitclaim Deed recorded at Deed Book 3386, Page 847 in the Sullivan County Register of Deeds office.

Bids will be accepted until MAY 28, 2026 AT 4:00 P.M. EST, no later than that time and date. Bids must

be signed and will be accepted only on the Bid Form attached hereto as Exhibit D. Sealed bids must be

received by Travis Bishop, City Recorder, City of Kingsport, Tennessee, 415 Broad Street Kingsport,

Tennessee, 37660 by any method chosen by Bidder at Bidder's expense and risk. The risk of late delivery

or delivery failure shall be upon the Bidder. Late bids will not be accepted and will be returned

unopened. The bid must state the amount of the bid and identify the party or entity to which the property

will be conveyed. Bids must be sealed and must clearly contain the following information on the outside of

the envelope "Sealed Bid For Real Estate, PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE, May

28, 2026 at 4:00 p.m. EST.”

Bids must be signed and will be accepted only on the Bid Form provided. Failure to submit a bid on the

attached Bid Form; the making of any modification, addition or amendment to the form or its conditions; or

the submission of any terms or conditions other than those contained in this INSTRUCTIONS TO

BIDDERS - SEALED BID FOR REAL ESTATE, PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE and

the attachments, shall be grounds for rejection of the bids. Bids must be for a fixed and certain sum of the

lawful money of the United States of America. Any bid not for a fixed and certain sum of such money,

including but not limited to any offer of goods, services, real property, securities, money of another nation,

or any other thing, in whole or in part, shall invalidate the bid.

A security deposit in the form of a cashier check in the amount of ten percent (10%) of the bid

payable to the City of Kingsport, Tennessee must be included in the sealed bid. The check will be

deposited the next business day. The security deposit of an unsuccessful bidder in the form of a City

warrant will be returned to such bidder by certified mail without interest, as promptly as is reasonably

possible after the determination that the bidder is not successful. The security deposit of the highest

bidder complying with all the terms of the requirements set out herein will be held as earnest money and

is nonrefundable, unless the offer to purchase is not accepted by the Board of Mayor and Aldermen. If the

bid is not accepted by the Board of Mayor and Aldermen the deposit will be returned to such bidder by

certified mail without interest, as promptly as is reasonably possible after the determination of the Board

of Mayor and Aldermen not to accept the bid.

The real property consists of a lot size approximately 0.14 acres more or less, and is more fully described

as follows:

Page 1 of 14

Control Map 046H, Group G, Parcel 003.00.

If the bid is accepted by the Board of Mayor and Aldermen, and upon compliance with the terms of the

Purchase Agreement, including the timely payment as set forth therein, conveyance of the property will

be by quitclaim deed, in the form attached hereto as Exhibit A, to the grantees listed in the Bid Form,

without any warranty and subject to all subject restrictions, easements, encumbrances of record or

apparent, and conveyance will be “AS IS” and “WHERE IS.” Rezoning the property, if needed, will be the

responsibility of the purchaser. A map generally depicting the location of the property is attached as

Exhibit C.

This is not an offer to sale the property by the City of Kingsport. The Kingsport Board of Mayor and

Aldermen will decide whether to accept the highest acceptable bid and reserves the right to accept or

reject such bid for any or no reason, at its sole discretion, and the board may waive any informalities.

If the bid is approved by the Board of Mayor and Aldermen, the Bid Form, along with the INSTRUCTIONS

TO BIDDERS - SEALED BID FOR REAL ESTATE, PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE

shall be construed to be the contract of sale with the successful Buyer, until proper execution of the

Purchase Agreement, in the form attached hereto as Exhibit B, by all signatories on the Bid Form and the

City of Kingsport, Tennessee, at which time the Purchase Agreement will control the obligations and

rights of the parties.

By submitting a sealed bid the person or entity submitting such bid agrees that the bid includes all the

terms contained herein, including the purchase agreement, the quitclaim deed and all other attachments

in this INSTRUCTIONS TO BIDDERS - SEALED BID FOR REAL ESTATE, PARCEL 046H, G, 003.00

526 SEQUOYAH DRIVE and the highest acceptable bidder agrees that the bid will be valid for and will

not be withdrawn for a period of sixty (60) days after the bid opening. If the Board of Mayor and Aldermen

accepts the bid, the successful bidder agrees within two (2) business days to fully execute the Purchase

Agreement in identical form to the form attached hereto as Exhibit B and submit it to the City Attorney,

City of Kingsport, Tennessee, 415 Broad Street, Kingsport, Tennessee 37660.

In the event identical acceptable high bids are received, each bidder who bid the acceptable high bid will

be invited to meet with the City Recorder and will be given the opportunity to increase their bids in a

sealed fashion. In the event of identical acceptable high bids the process will be repeated until a high bid

is achieved. A bidder may not reduce their bid from their previous bid.

ALL INFORMATION RELATING TO THE PROPERTY IS PROVIDED TO THE BEST KNOWLEDGE

AND BELIEF OF CITY OF KINGSPORT, TENNESSEE. HOWEVER, IT IS THE RESPONSIBILITY OF

THE BIDDER TO VERIFY ALL INFORMATION PROVIDED AND TO CONDUCT ANY TITLE SEARCH

OF THE PROPERTY.

LOCATION OF PARCEL

The location of the real property is at PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE, Kingsport,

Tennessee, Eleventh (11th) Civil District of Sullivan County, Tennessee. It is owned by the City of

Kingsport and further identified on the Sullivan County Tax Mas as Control Map 046H, Group G, Parcel

003.00

GENERAL INFORMATION

The real property will be conveyed on an "AS IS" “WHERE IS” basis. Ignorance of any condition of the

site will not allow the bidder to withdraw or adjust the bid.

Prior to the submittal of a bid you are encouraged to secure firsthand information about the local real

estate tax rate, utility services, zoning ordinances, building codes, restrictions, easements, and

encumbrances on the property.

Page 2 of 14

GENERAL INFORMATION ABOUT PROPERTY

The City provides the following information believed to be factual but subject to "due diligence" by the

bidder prior to bidding:

1. Location: The address of the property is PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE,

Kingsport, Tennessee, Eleventh (11th) Civil District of Sullivan County, Tennessee. The tax

identification number is Control Map 046H, Group G, Parcel 003.00.

2. Area of Site: Lot size 0.14 acres, more or less.

3. Present Zoning: R-2.

4. Quitclaim Deed with legal description is attached.

5. Purchase Agreement is attached.

6. Taxes or Assessments Levied against Site: Delinquent Sullivan County taxes. Any taxes or

assessments will be the responsibility of the successful bidder.

7. This property is subject to:

(a) Payment of delinquent Sullivan County property taxes.

(b) Other easements, restrictions, encumbrances, of record and any use apparent by an

inspection of the property.

ADDITIONAL TERMS

1. Purchase Agreement

As set out elsewhere herein the successful bidder will fully execute the Purchase Agreement in a form

identical to the Purchase Agreement attached hereto as Exhibit B. The Purchase Agreement will not

contain any contingencies in favor of the bidder. The Purchase Agreement, once fully executed by the

successful bidder and the City of Kingsport, will constitute the entire agreement between the parties.

Neither oral statements nor representations made by or for, or on behalf of either party, including

representations in this document, shall become part of the Purchase Agreement. The Purchase

Agreement or any interest therein may not be transferred or assigned by the final bidder without written

consent of the Board of Mayor and Aldermen. After payment of the full purchase price, the City of

Kingsport, Tennessee will convey title of the property to the bidder by quitclaim deed, with no warranty,

and subject to all restrictions, easements, encumbrances of record or apparent, and conveyance will be

“AS IS” “WHERE IS.”

2. Acceptance of the Bid

The Board of Mayor and Aldermen of the City of Kingsport, Tennessee will determine whether to accept

the bid, and reserves the right to accept or reject the bid for any reason or for no reason.

3. Modification or Withdrawal of Bid

All sealed bids, once opened, are non-revocable. The City of Kingsport will not entertain claims from the

bidder for withdrawal or modification of the bid after the opening of the bids for any reason, including

ignorance of the condition of the property offered for sale or misinterpretation of the INSTRUCTIONS TO

BIDDERS - SEALED BID FOR REAL ESTATE, PARCEL 046H, G, 003.00 526 SEQUOYAH DRIVE or

terms and conditions of the sale.

4. Notice of Acceptance or Rejection

The highest acceptable bidder will be notified of acceptance or rejection of the bid by the Board of Mayor

and Aldermen.

5. Grounds for Rejection of Bids

Bids received after May 28, 2026 at 4:00 p.m. EST will not be considered. Bids that are not submitted on

the Bid Form, attached hereto as Exhibit D will not be considered. Any failure to fully follow and comply

with the provisions in this INSTRUCTIONS TO BIDDERS - SEALED BID FOR REAL ESTATE, PARCEL

Page 3 of 14

046H, G, 003.00 526 SEQUOYAH DRIVE will be grounds for rejection. The Board of Mayor and

Aldermen expressly reserves the right to reject the bid for any or no reason, in its sole discretion. The

Board of Mayor and Aldermen may determine not to sell the property. The Board of Mayor and Aldermen

may reject all bids and issue a call for new bids, sell the property by private sale, or otherwise dispose of

the property, as the board, in is sole discretion, determines. Any bid containing any qualifying or

contingent clauses not mentioned herein will be rejected.

6. Forfeiture of Deposit

In the event of a default by a bidder the bidder’s security deposit shall be forfeited to the city. Additionally,

the City of Kingsport may take such action, as it deems necessary and appropriate, due to the default of

the bidder.

7. Transfer of Title

Transfer of title to the property to the successful bidder will be by a quitclaim deed, without any warranty,

and subject to all all restrictions, easements, encumbrances of record or apparent, and conveyance will

be “AS IS” “WHERE IS.” The quitclaim deed, which includes the legal description, is attached hereto as

Exhibit A.

8. Closing and Final Payment to City

If the bidder’s bid is accepted by the Board of Mayor and Aldermen, the successful bidder will on a date,

mutually agreeable with the city, but not later than 30 days after the execution of the Purchase Agreement

by the city, tender to the City of Kingsport the balance of the purchase price, as set out in the Purchase

Agreement. Upon receipt of that payment and the execution of such documents as are required to

consummate the closing of the purchase, the City of Kingsport will deliver a quitclaim deed to the

successful bidder.

9. Title Search and Title Insurance

The successful bidder assumes the expense of procuring any title search, title abstracts or title insurance

that it may require.

10. Survey and Rezoning

No survey has been completed on the parcel. The successful bidder assumes any and all costs of

surveying and rezoning.

11. Special Assessments

The successful bidder will assume the payment of any unpaid deferred charges or special assessments

for public improvements levied against the parcel, including any tap fees for water or sewer service.

12. Real Estate Taxes

The successful bidder will be liable for any outstanding real estate taxes, and the real estate taxes for the

current year that may not be due, on the property.

13. Minimum Offer Required

There is no required minimum offer.

Page 4 of 14

EXHIBIT A

QUITCLAIM DEED

This instrument was prepared by:

Rodney B. Rowlett, III, City Attorney

415 Broad Street, Kingsport, Tennessee 37660

QUITCLAIM DEED

THIS QUITCLAIM DEED made and entered into this the ___ day of

the CITY OF KINGSPORT, TENNESSEE, a municipal corporation, Grantor, and

Grantee.

, 2026, by and between

,

WITNESSETH:

FOR AND IN CONSIDERATION of the sum of Ten and No/100 Dollars ($10.00) and other good and

valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, Grantor does hereby

convey, remise, release and quitclaim unto Grantee, Grantee’s heirs, successors and assigns all of Grantor’s right,

title and interest in and to a certain tract of land in Sullivan County, Tennessee, described as follows, to wit:

Situate, lying and being in the City of Kingsport, Eleventh (11th) Civil District of Sullivan County, Tennessee:

INSERT PROPERTY DESCRIPTION

This conveyance is made “AS IS WHERE IS.”

Control Map 046H, Group G, Parcel 003.00.

The legal description herein has been taken from prior deeds without a title examination or survey.

The preparer of this deed makes no representation as to the status of the title or the accuracy of

the description and assumes no liability therefore.

This conveyance is expressly made subject to all covenants, conditions, restrictions, encumbrances, and

reservations contained in former deeds and other instruments of record applicable to said property, and any

easements, conditions, or use apparent from an inspection of said property and is conveyed “AS IS, WHERE IS.”

This conveyance is expressly made subject to any and all real estate taxes, including all penalties and

interest, if any, owed to Sullivan County, Tennessee, City of Kingsport, Tennessee, or any other taxing authority.

Page 5 of 14

Commodity Codes

• NAICS 531390Other Activities Related to Real Estate

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