Lake Frontage

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30464299
Property Subtypes: Hospitality, Multi-Family, Office, Vacation/Resort
Status: Pending
Gross Land Area: 20.52 Acres
Sale Price: $460,000
Unit Price: $22,417 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

** MOTIVATED SELLER!! ** Lowest price EVER! 1,300' Lake frontage and
1,000' Hwy 11E Commercial frontage makes this property unique and
optimal for mixed use development. Entire parcel is 20.52+/- Zoned B3 in
Bristol, TN city limits.
Traffic Count is 25,585
Average Household Income / 1 Mile $48,623 / 3 Miles $53,333 / 5 Miles
$53,127
City / County Tax combined $6,518
5+/- Acres have been graded and compacted
2 Curb Cuts Allowed
Commercial Acreage in Bristol, TN city limits. Offering 6 +/-AC with 11E
frontage or 14+/- AC for condo/apt development for mixed use or the entire
property which totals 20.52 acres. The B3 zone will accommodate a variety
of commercial uses and is the zone appropriate for arterial and shopping
center development. All utilities and city services are available. 1,300+/-
feet Lake frontage and 1,000' commercial frontage make the subject unique
and optimal for mixed use development. Any waterfront alteration,
construction, dockage, etc. is subject to Tennessee Valley Authority approval
and governance. New owner may make application to TVA for waterside
improvement on this parcel.
Situated along the major traffic artery Hwy. 11-E that connects Johnson City
and Bristol. The South Fork of the Holston River (Boone Lake) exists along
the south side of the property. Bluff City neighbors this site. Within minutes
of Bristol Motor Speedway.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 097 01815 000 2017
Zoning: B3
Property Visibility: Excellent

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,663 25,023
Median Age: 42.5 43.1
Households: 3,175 10,457

Contact

Photograph of Listing Agent

Mike Masters

Keller Williams-Johnson City
NETAR CMLS Member
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