130 Acres for Development, on Bristol Hwy

Vacant Land for Sale
Catylist Listing ID: 30476614
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: 130 Acres
Sale Price: $3,399,000
Unit Price: $26,146 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2019

Overview / Comments

Gorgeous land development opportunity! Piney Flats, on Hwy 11E, 130 acres of rolling hills, adjacent to the Historic Masengill Home, and across the street from the Rocky Mount Historic State Park.

New construction and Residential development going up across the street, showing growth in residential sector, and in demand.

Parcel boasts 3000+ feet of road frontage, high visibility, and a ridge near the rear of property providing spectacular views of the area.

Parcel could be developed Commercially, for residential, or a planned development incorporating both.

Video of flyover available.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 082 134 03400 000 2017
Zoning: A1/R1
Property Visibility: Excellent
Largest Nearby Street: 11E
Feet of Frontage: 3,050
Highway Access: 11E
Site Description: Picturesque rolling hills, 130 acres, partially cleared, partially wooded, irregular overall shape 3000 x 1800, with a ridge at a depth of 1200 ft providing panoramic views of Rocky Mount Historic State Park and surrounding areas.
Area Description: Corridor between Johnson City and Bristol, in Piney Flats, on Hwy 11E
Lot Frontage: 3050
Lot Depth: 1800
Zoning Description: A1/R1 -
Topography: Rolling

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,954 39,912
Median Age: 41.35 42.12
Households: 4,971 17,249

Contact

Photograph of Listing Agent

Stephen J Goodson, ChFC

Remax Checkmate, Commercial Division NETAR CMLS Member
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