Piney Flats Bristol Highway Development Site

Vacant Land for Sale
Catylist Listing ID: 28492968
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 9.75 Acres
Sale Price: $1,750,000
Unit Price: $179,487 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

In rapidly expanding Piney Flats, this is a great Bristol Highway Site! Nearly 10 acre property fronts Hwy 11E / Bristol Highway with over 615' of frontage with primary access from Hwy 11E and secondary access via Bowman Ford Road at the back southwest corner. A mixture of partially graded and gently rolling land, the front north portion is level with road grade. Owner will consider subdividing, contact agent to discuss options. Property has attractive 1 1/2 story retail building and an older brick ranch style home. Single story home is 1,818 sq ft and is currently occupied. Property has several additional outbuildings with graveled area formerly utilized by Appalachian Gardens. The retail building is 2,221 sq ft currently leased to a high end fly fishing shop generating $18K annually. Site can be broken into smaller pieces for sale.

Site is in city limits of Johnson City by corridor annexation and is presently zoned PBD-3, general business. HOT area with multiple retail and restaurant business opening including Food City, McDonald's, Walgreens, Waffle House, Advance Auto, and Taco Bell. Great potential for a variety of commercial users desiring large site with excellent highway frontage.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,121 12,076 31,643
Median Age: 43.57 41.72 42.14
Households: 481 4,893 13,505

Contact

Photograph of Listing Agent

Charlie Dotson, FMA, MCR

TCI Group - Jerry Petzoldt Agency, LLC NETAR CMLS Member
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