Melody Lane
Vacant Land
for Sale
| Catylist Listing ID: |
30396937 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
2.46 Acres
|
| Sale Price: |
$249,000 |
| Unit Price: |
$101,219 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/12/2020 |
Overview / Comments
|
This hard corner lot has a Commercial Zoning for a great business investment or opportunity. The property features frontage on a strong and busy street of King College Road, and is located on the corner of Melody Lane, directly across the street from Holston View Elementary School. The Zoning allows for Multi-family density up to 20 Units per Acre! Or the property can support Light Commercial use from Professional Services to Full Service Restaurants, much more and even a Gas Station. Take a look, and contact us for a confidential showing and review of what' possible on this high traffic corner.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Taxing Authority: |
Sullivan County |
| Tax ID/APN: |
021 E D 015.00 |
| Zoning: |
B-1B & R-4 |
| Property Located Between: |
Bristol Country Club and King University |
| Property Visibility: |
Excellent |
| Legal Description: |
Upon Request |
| Largest Nearby Street: |
King College |
| Highway Access: |
Property fronts on King College Road and the corner of Melody Lane and has over 250' of frontage there as well. |
| Airports: |
Tri Cities Regional Airport/Highlands Community Airport |
| Site Description: |
Nearly level lot, at the corner of King College Road and Melody Lane which is the entrance to Red Stone and a large residential commmunity and across the street from Holston View Elementary School. |
| Area Description: |
Residential area with many residential subdivisions in the area, nearly all of which must travel by this site to go back into the downtown area of Bristol, TN/VA. |
| Lot Frontage: |
121' & 250' |
| Lot Depth: |
320' |
| Zoning Description: |
B-1B, Light Commercial & R-4, High Density Mutli-family |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,510 |
28,983 |
56,167 |
| Median Age: |
41.43 |
40.74 |
42.12 |
| Households: |
2,361 |
12,373 |
23,973 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
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