Abingdon I-81 Exit 14 Redevelopment Site
Vacant Land
for Sale
| Catylist Listing ID: |
30320423 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Other
|
| Gross Land Area: |
2.80 Acres
|
| Sale Price: |
$995,900 |
| Unit Price: |
$355,678 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/19/2021 |
Overview / Comments
|
OWNER WILL CONSIDER LEASE-PURCHASE AND/OR PARTIAL OWNER FINANCING! Located at I-81, Exit 14 in Abingdon, this approximately 2.8 acres property is ideal for redevelopment for new hotel, restaurant, corporate offices or other businesses venture desiring great interstate access. Situated in high traffic area with Virginia Highlands Community College and Heartwood, a Southwest Virginia tourist destination, across the street. This popular interstate exit has newly completed I-81 cloverleaf serving busy hotel and restaurant area with Comfort Inn, Comfort Suites and McDonald's nearby. Site sits above grade with great mountain views. Property currently has 3 buildings, each rented on month to month basis. Contact agent for further details on this excellent interstate property.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Washington |
| Tax ID/APN: |
17342 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,174 |
9,737 |
24,139 |
| Median Age: |
46.86 |
46.85 |
45.33 |
| Households: |
1,469 |
4,429 |
10,628 |
|
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Neither Northeast Tennessee Association of REALTORS® nor
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