Yarber Property

Vacant Land for Sale
Catylist Listing ID: 30024091
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 14.50 - 20 Acres
Sale Price: $799,000 - 1,999,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2021

Overview / Comments

Exceptional development opportunity along I-81, with a property that has tremendous visibility from the traffic on I-81. This 14.50 acre property has access from Cardinal Lane, but adjoins a smaller parcel on Glenbrook Avenue at the intersection of I-81 which is directly across the interstate from the new Love's Travel Center at Exit 24, Meadowview, Virginia. As the area continues to develop this property will be a well sought after site, with water and sewer adjacent to the property it could be utilized for nearly any type of development: retail, commercial or industrial. Sewer is not located on the land but is very close by and has been confirmed with County, that likely a service connection is available, dependant upon use. Call today for more information as well as for your own confidential showing.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Taxing Authority: Washington County, Virginina
Tax ID/APN: 067 12 13 &067 12 14
Zoning: A-2
Property Located Between: Abingdon, VA & Meadowview, VA
Property Visibility: Excellent
Legal Description: upon request
Largest Nearby Street: Cardinal Lane
Traffic/Vehicle Count: 35,000
Highway Access: Property currently has access off of Cardinal Lane, but it adjoins property which is currently listed For Sale along Glenbrook Ave, which is the access to Exit 24 ramps for North and Southbound I-81.
Airports: Highlands Community Airport
Site Description: Sloping, slightly from just below road height up the grade to well above road height, which will create a great visual opportunity from I-81 at Exit 24.
Area Description: Meadowview is a small town located just North of Abingdon, Virginia along I-81 in northern Washington County. Exit 24, which this property is adjacent to is 4 miles from the new Johnston Memorial Hospital in Abingdon, Virginia.
Lot Frontage: 30'
Lot Depth: 1,500'
Zoning Description: A-2; Agricultural (however this property adjoins B-2 property which is along Glenbrook Avenue.
Topography: Gently Sloping
Easements: Utilities
Easements Description: Power lines, (not KWA heavy lines) used for normal services
Soil Type: Mixed
Available Utilities: Electric, Water, Cable
Water Service: Municipal
Sewer Type: Municipal, Septic, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,403 5,074 12,001
Median Age: 45.24 37.79 40.17
Households: 558 1,838 4,575


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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