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: 1/27/2020

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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Richard S. Armstrong, III

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