1500' OF ROAD FRONTAGE FOR PRIME DEVELOPMENT

Vacant Land for Sale
Catylist Listing ID: 30576131
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 62.78 Acres
Sale Price: $985,000
Unit Price: $15,689 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Over 1500' of road frontage on HWY 394 across from the Bristol Speedway. This acreage lays well for development of retail, commercial, residential, etc. Currently zoned agricultural so you can change it to suit your purpose. Create an access off of 394 or access from Windy Hills Rd. This property consists of 3 tracts totaling 66.78 acres. There is a double wide and 4 acres on the rear tract that will not convey. This is beautiful farmland that that is mostly pasture with some woods and a creek along the back of the property.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 082 068 05808 000 2019
Zoning: AGRICULTURAL
Property Located Between: Bluff City and Bristol
Property Visibility: Good
Largest Nearby Street: HWY 394
Feet of Frontage: 1,505
Highway Access: Access from 394 would have to be created. Current access is from Windy Hills Rd.
Airports: Tri-City Airport
Site Description: Mostly pretty level with some rolling and sloping. Some woods and a creek.
Area Description: Just outside the city limits so no city taxes. Surrounded by some residential, some vacant land, and commercial only a short distance away. Hwy 394 is a 4 lane highway.
Lot Frontage: 1505
Lot Depth: approximately 1500'
Zoning Description: Agricultural- green belt
Topography: Level
Easements: Ingress/Egress, Utilities
Easements Description: Sewer line runs along the back of the property. The rear tract is accessed via a recorded right of way.
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,162 11,480 45,588
Median Age: 42.12 44.6 42.6
Households: 860 4,901 19,072

Contact

Photograph of Listing Agent

Richard Banks

North East Tennessee Real Estate
NETAR CMLS Member
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