Commercial Lot - Hwy 11W

Vacant Land for Sale
Catylist Listing ID: 30651923
Property Subtypes: Office, Retail, Self Storage
Gross Land Area: 2.78 Acres
Sale Price: $154,000
Unit Price: $55,395 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Prime 2.78 acre commercial corner lot fronting Highway 11W and Old Union Rd. Property gently sloping and mostly cleared. This corner location on 4-lane highway has traffic count of 18,000 cars daily with dedicated deceleration lane for east bound traffic. Across from Randall's restaurant and very near W. Main Blvd. and Church Hill business district. Excellent site for high visibility and suitable for a variety of business' including mini-storage, auto sales, restaurants, offices, warehouse or retail.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Hawkins
Taxing Authority: Hawkins County / City of Church Hill
Tax ID/APN: 037043C A 00500
Zoning: B 3
Property Located Between: On highway 11W at intersection of Old Union Rd.
Property Visibility: Excellent
Legal Description: Parcel ID 043C A 005.00
Largest Nearby Street: Highway 11W
Traffic/Vehicle Count: 20,000
Highway Access: Hwy 11W or Old Union Rd.
Airports: TRI ( Tri-Cities Regional )
Site Description: Commercial Corner Lot on Highway 11W corner with Old Union Rd. Property has traffic count of 20,000 cars daily and has a population of 50,000 within a 5-mile radius. Excellent site for high visibility and suitable for a variety of business' including mini-storage, auto sales, restaurants, offices, warehouse or retail.
Lot Frontage: 460'
Lot Depth: 287'
Zoning Description: B3 Mixed Use Business
Topography: Rolling
Easements: Utilities
Easements Description: City of Church Hill
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,880 22,599
Median Age: 42.03 41.4
Households: 4,516 9,334

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