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: 4/26/2022

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

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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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