Lady Property

Vacant Land for Sale
Catylist Listing ID: 30753940
Property Subtypes: Hospitality, Retail, Vacation/Resort, Other
Gross Land Area: 5.01 Acres
Sale Price: $699,000
Unit Price: $139,520 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: 37620.0%
Last Updated: 9/13/2021

Overview / Comments

Great Corner for Development. Located next to the BMS Campgrounds and Bristol Motor Speedway on the corner of White Top and Volunteer Parkway. This nearly level lot has exceptional opportunities in its future.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 082 112.03
Zoning: B-3
Property Located Between: Hwy 394 and Bristol Motor Speedway
Property Visibility: Excellent
Legal Description: Upon Request
Largest Nearby Street: Volunteer Parkway
Highway Access: Volunteer Parkway, Hwy 11 E and White Top Road
Airports: Tri Cities Regional Airport, within 8 miles
Site Description: Nearly level corner site, on busy Volunteer Parkway and frontage on White Top Road which feeds traffic to Hwy 394 behind Bristol Motor Speedway.
Area Description: Business related area, with strong ties to Bristol Motor Speedway.
Lot Frontage: 420'
Lot Depth: +337'
Zoning Description: B-3 General Business, suited for most Retail/Restaurant/Commercial types of Businesses.
Topography: Level
Easements: Electric Lines, Utilities
Easements Description: Normal easements for municipal utilities
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,973 37,197
Median Age: 43.96 43.59
Households: 5,058 15,477

Contact

Photograph of Listing Agent

Richard S. Armstrong, III

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