5685 Highway 11 E Piney Flats, TN 37686

Vacant Land for Sale
Catylist Listing ID: 30800545
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Gross Land Area: 2.10 Acres
Sale Price: $899,900
Unit Price: $428,523 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/8/2022

Overview / Comments

GREAT PRIME BUSINESS LOCATION IN Piney Flats TN. With a population of approximately 8400, Piney Flats is a great place to live and do business. It's large enough to have easy access to restaurants, grocery stores, etc., but small enough to maintain that hometown feel. This high visibility property is actually 2 parcels and has 466' of Road Frontage on HWY 11E (aka Bristol Hwy). There is convenient egress and ingress w/ entrances from both the main highway as well as the entrance from the side street. There is a good traffic count and growth in this area. It is a Commercial Business area and possibilities are endless whether you are looking to start a retail, office, entertainment, fast food restaurant, business or more. The Bristol Racetrack is nearby and brings additional traffic and business twice yearly. The Bristol Hard Rock Casino is scheduled to open later this year. To see a drone video with more information, go to: https://youtu.be/jD2WaOqVqyQ

Directions: Directions: From Winfield Dunn Pkwy 1.6 mi Turn right to merge on I-40 E toward Asheville 0.4 mi. Take I-81 N to TN-381 N in Johnson City. Take exit 19 from I-26 E/US-23 S (80.6 mi). Merge on I-40 E 13.4 mi. Use left 2 lanes take exit 421 for I-81 N toward Bristol 0.7 mi. Continue on I-81 N 55.8 mi. Exit 57A to merge on I-26 E/US-23 S toward Asheville/Johnson City 10.1 mi. Exit 19 to on TN-381 N toward Bristol 0.6 mi. Drive to US-11E N/US-19W N/Bristol Hwy in Piney Flats (7.5 mi). Merge on TN-381 N 1.3 mi. Use left lane to merge on US-11E N/US-19W N/Bristol Hwy via ramp to Bristol, Property on Right.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082124KD01400
Zoning: M1
Property Visibility: Excellent
Feet of Frontage: 466
Highway Access: From I-11
Zoning Description: retail, office, entertainment, fast food restaurant, business or more.
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,442 9,188 26,464
Median Age: 42.47 41.95 42.48
Households: 590 3,836 11,173
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