Recreational Land Near BMS - Sweet Knobs Trail/Hwy. 394

Vacant Land for Sale
Catylist Listing ID: 30431078
Property Subtypes: Agricultural, Hospitality, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 48.29 Acres
Sale Price: $470,000
Unit Price: $9,732 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/28/2020

Overview / Comments

This property comprises 48.29 Acres +/- of rolling, sloping, and mostly wooded vacant land. The northern portions of the property have the highest elevations and have good long-range views. Elevations reach up to 1,800' (see topographical map). Partially cleared and gently rolling to level areas extend from the central portions of the site to the frontage. The property has several trails that provide suitable access.

This property is located along Sweet Knobs Trail, which parallels Hwy. 394 and is situated just outside the Bristol, TN city limits. An ample amount of frontage (1,600’ +/-) is available along Sweet Knobs Trail, and there are currently several existing points of access. Extension of public water service and electric service to this property would appear possible.

The property is currently zoned A-1, General Agricultural District by Sullivan County, TN. Nearby uses include campgrounds serving the Bristol Motor Speedway to the west, vacant mountainous land to the north (owned by BMS), and agricultural and single-family uses to the south and east.

A variety of potential uses exist for this property to include: non-intense recreational uses, agri-business type uses, or private estate use. The owner is willing to subdivide the property into (2) tracts comprising 24 Acres +/- each - see separate listing for pricing on these tracts.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: Map 068 Parcel 038.35
Topography: Rolling

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,509 13,749 45,838
Median Age: 42.92 44.53 42.59
Households: 618 5,901 19,200


Photograph of Listing Agent

Josh Gouge

Green Commercial Realty, Inc.
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