Development Land on Bristol Highway

Vacant Land for Sale
Catylist Listing ID: 30528805
Property Subtypes: Agricultural, Hospitality, Multi-Family
Gross Land Area: 22.37 Acres
Sale Price: $30,000 Per Acre
Total Price: $671,100
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Excellent North Johnson City development site for apartments, condos, RV Park, or any use that capitalizes on the City’s extensive ball fields, play areas and walking trails on adjacent Winged Deer Park property. This tract has water and sewer along Bristol Highway, and elevation that allows for fantastic visibility from Bristol Highway in both directions. The parcel slopes from North to South which would support both a tiered and phased development scheme. This parcel really has a lot of potential benefits, including its proximity to all Johnson City employment destinations, schools, shopping and employment. With long range views of the mountains, and a location just 5 minutes from the Boone Lake boat ramp, the recreational use possibilities are unlimited.

Attachments & Media

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 022 073.14
Property Located Between: Winged Deer Park and The Motor Mile
Property Visibility: Good
Largest Nearby Street: Bristol Highway
Traffic/Vehicle Count: 28,872
Airports: 15 minutes from TCRA
Lot Frontage: 100
Lot Depth: 724
Zoning Description: It is the intent of this district to provide space for agriculture and agriculturally oriented uses and structures which provide an important part in the economy of Washington County, and at the same time provide space for residential development for an ever expanding population. It is the intent here to protect the physical and economic well-being of agriculture operations and to prevent the encroachment of urban and other incompatible land uses on farmlands.
Topography: Rolling
Available Utilities: Electric, Water, Internet Access
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,001 22,763 57,531
Median Age: 37.12 42.43 41.86
Households: 1,107 10,014 24,936


Photograph of Listing Agent

Michael E. Green, CCIM MAI SIOR

Century 21 Legacy
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