Large Development Opportunity in Bristol, TN
Vacant Land
for Sale
| Catylist Listing ID: |
30823866 |
| Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail
|
| Gross Land Area: |
70 Acres
|
| Sale Price: |
$8,500,000 |
| Unit Price: |
$121,428 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/6/2023 |
Overview / Comments
|
This is a great opportunity for a large commercial development. It is in close proximity to the Bristol Casino, (Future home of Hard Rock Casino). The Pinnacle Shopping Center is across the street. There are approximately 70 acres in 3 tracts of land. The property is directly off of exit 74 of Interstate I-81 and Hwy 11W in Bristol, TN. When complete the site will have great visibility from the Interstate. Bristol is in desperate need of all aspects of housing this is a great opportunity to develop retail, residential, hotels and more. There is a conceptual site plan attached as well for your review.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Tax ID/APN: |
08201901900 |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Interstate I-81 and Hwy 11-W |
| Highway Access: |
Yes |
| Topography: |
Rolling |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,355 |
12,205 |
35,741 |
| Median Age: |
46.89 |
44.23 |
43.6 |
| Households: |
1,002 |
5,073 |
15,423 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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