Wagner's Property

Vacant Land for Sale
Catylist Listing ID: 30395724
Property Subtypes: Hospitality, Industrial, Multi-Family, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 19.50 Acres
Sale Price: $999,000
Unit Price: $51,230 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/19/2021

Overview / Comments

Exit 24, is GROWING! Meadowview, Virginia which is home to Love's Travel Center has a new opportunity situated directly next to one of the area's biggest attractions and it appears that more opportunities are coming. Serving hundreds of cars traveling I-81 as well as tractor trailers hauling goods, this 19.5 Acres tract provides a great investment opportunity for a great number of business applications. Currently, the parcel available is listed as being Zoned A-2, and being adjacent and across from other Business Zoned parcels, make this an definite possibility for new Zoning along the well traveled Glennbrook Ave. Currently, we are working with the County to determine the amount of Sewer Service which is available to the property, more information is soon to come!
The property provides great views due to its elevation, and has over 570' of frontage next to Love's along Glennbrook Ave.
This unique opportunity has the possibility of expanding to over 40 acres if the additional land is desired. Call for today for more information.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Taxing Authority: Washington County, VA
Tax ID/APN: 067-A-36
Zoning: A-2
Property Located Between: I-81 and Lee Hwy
Property Visibility: Excellent
Legal Description: Upon Request
Largest Nearby Street: Glennbrook Avenue
Highway Access: Frontage along Glennbrook Avenue and less than 1,000' from the Exit and Entrance at mile marker 24.
Airports: Tri Cities, Regional Airport
Site Description: 19.5 acres (and more) available which is a road height and then elevated above Glennbrook Ave. The property rolls and is very workable.
Area Description: Exit 24, is home to Love's Travel Center and is a main thoroughfare off of I-81 North in to Southwest Virginia as well as next to Emory & Henry College. Just 2 miles from Exit 22 and Johnston Memorial Hospital.
Lot Frontage: 570'
Lot Depth: 1,200'
Zoning Description: A-2, Agricultural Zoning
Development Name: Wagner's Property
Topography: Gently Sloping
Easements: Electric Lines, Utilities
Easements Description: Sewer lines
Soil Type: Clay
Available Utilities: Electric, Water, Cable, Broadband
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,403 5,074 12,001
Median Age: 45.24 37.79 40.17
Households: 558 1,838 4,575


Photograph of Listing Agent

Richard S. Armstrong, III

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