Multifamily R3 Just Over 2 Acre Vacant Land

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30588420
Property Subtypes: Multi-Family, Residential (Single Family)
Building Status: Proposed
Gross Land Area: 2.03 Acres
Sale Price: $69,000
Unit Price: $33,990 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2020

Overview / Comments

Just over 2 acres of R3 zoned multifamily vacant land. Almost 600ft road frontage on Bristol View Drive. Convenient city location. Public water and sewer. Convenient to the Pinnacle, New Casino, Downtown, I-81, Commonwealth, etc. Owner/Agent.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Bristol
Tax ID/APN: 336-1-B-26
Zoning: R3
Property Located Between: Wagner Rd and Page St
Property Visibility: Excellent
Feet of Frontage: 600
Highway Access: 2.5 miles from I-81 Exit 3 or 1.5 miles to I-81 Exit 1.
Airports: Tri-Cities Airport
Site Description: 2.03 Acres, mostly cleared, gentle slope, nearly 600ft on Bristol View Dr. Great site for apartments. Zoned R3 in the city of Bristol, VA. Public water and sewer.
Area Description: In an area of both single and multi-family. Convenient to New Casino, Pinnacle, Downtown, and interstate.
Lot Frontage: 600 Ft
Lot Depth: 150 Ft
Zoning Description: R3- Moderate-Density Residential. Permitted uses: (1)Cemeteries.(2)Gardening.(3)Public parks.(4)Public or private utilities necessary to service the residents of the area.(5)Single-family dwellings.(6)Two-family dwellings.(7)Moderate-density multifamily residential structures.(8)Churches and parish houses.(9)Municipal, county, state and federal uses.(10)Real estate signs advertising the sale, rental, or lease of the premises on which such sign is located, provided such signs shall not exceed six square feet in area, and provided further that such signs shall be set back at least 12 feet from any street right-of-way line.(11)Signs: As permitted in division 13: Outdoor advertising.(12)Public or private utilities.(13)Home occupations.(14)Family day care homes.(15)Child care centers.(16)Day care centers for adults.(17)Group homes.(18)Home for adults.
Easements: Utilities
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,853 32,427 53,791
Median Age: 42.45 41.49 42.11
Households: 1,759 13,989 23,123

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