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    60 Peters St Bristol, VA 24201

    Sponsored
    For Sale
    $90,000

    Prime 0.34-acre lot, B1 zoning, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.34-acre commercial and residential lot presents a unique investment opportunity in Bristol, Virginia. Located at 60 Peters Street, this conveniently situated property boasts a desirable B1 zoning designation, opening doors to a variety of development possibilities. The lot measures approximately 119 feet by 125 feet, offering a generous buildable area. Its level topography simplifies construction, and its prime location between Euclid and West State Streets ensures high visibility and accessibility. The property is only one mile from the Hard Rock Casino and downtown Bristol, benefiting from the area's growing commercial activity and tourism. A conceptual site plan is available for review, showcasing potential development options. The asking price is $90,000, translating to a land value of $6.07 per square foot. This central location, combined with its zoning and size, makes this lot an attractive prospect for both commercial and residential ventures. Images illustrate permitted uses and the lot's dimensions. Don't miss this chance to acquire a highly visible and versatile property in a thriving Virginia city.

    Property Features for 60 Peters St

    General Information

    Property type
    Land
    Lot Size
    14,810 SF

    HighLights

    • $90,000 asking price.
    • 0.34‑acre commercial and residential land parcel.
    • B1 zoning.
    • $6.07/SF land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.2003957
    Latitude
    36.5977062

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    FAQs

    What type of property is this?
    Land - Prime 0.34-acre lot, B1 zoning, ideal for development.
    Where is this land located?
    The property is located at 60 Peters St Bristol, VA.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: $90,000 asking price.; 0.34-acre commercial and residential land parcel.; B1 zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 Peters St Bristol, VA 24201
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