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11+ Acres on Bristol Highway

Bristol Highway, Bristol, Sullivan County, Tennessee, 37618, United States
$1,122,000/Sale Price
  • Description
  • Address
  • Details

Description

Over 450′ of frontage on Bristol Highway. 11+ acres of vacant land that is a great location for various uses.  To utilize the property to its maximum potential, the front 6.5+/- acres can be purposed for commercial uses such as service providers, wholesale businesses, automotive dealers, and many other users.  The 4.8+/- acres on the back of the property are ideally suited for multi-family use.  This portion would need to be rezoned to permissible zoning.

*Pricing for the property is divided by the acreage’s highest and best use. The 6.5 +/- acres (portion outlined in blue) in the front of the property have an asking price of $150,000 per acre ($978,000 total). The 4.8 acres (portion outlined in red) in the back of the property has an asking price of $30,000 per acre ($144,000 total).

Property Documents

  • Address: TBD Bristol Highway
  • City: Johnson City
  • State/county: Tennessee
  • Zip/Postal Code: 37601
  • Country: United States

Detail

Updated on January 31, 2020 at 2:54 pm

  • Property ID: 30540018
  • Price: $1,122,000/Sale Price
  • Property Size: 11.33
  • Property Type: Vacant Land
  • Property Status: For Sale

Additional details

  • Nearest MSA : Johnson City
  • County : Washington
  • Zoning : B-4 - PLANNED ARTERIAL BUSINESS DISTRICT
  • Tax ID/APN: 090030 00601
  • Property Located Between : Winged Deer Park and The Motor Mile
  • Property Visibility : Excellent
  • Largest Nearby Street: Bristol Highway
  • Feet of Frontage : 479
  • Traffic/Vehicle Count: 28,872
  • Airports : 15 minutes from TCRA
  • Lot Frontage : 479
  • Lot Depth : 950
  • Zoning Description : The B-4, Planned Arterial Business District is designed to encourage a unified development approach along the major highway corridors. The principal uses of land are devoted to commercial establishments which cater specifically to motor-vehicle-oriented trades and services. It is further intended to provide appropriate space and sufficient depth from the street to provide for the orderly development and concentration of appropriate highway and arterial commercial uses at suitable locations, and to encourage the clustered development of such uses to minimize traffic hazards and interference with other uses in the vicinity, rather than to encourage the spread of strip commercial development.
  • Topography : Gently Sloping
  • Avaialble Utilities : Electric, Water, Sewer
  • Sewer Type : Municipal

Contact info

Michael Green, CCIM MAI SIOR
Michael Green, CCIM MAI SIOR
(423) 282-1176 ext. 203(423) 677-8494

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