Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Falls Blvd Bristol, VA 24202

    Sponsored
    For Sale
    Contact for pricing

    Prime Bristol, VA retail land investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional commercial land investment opportunity in Bristol, Virginia, situated on Falls Blvd, zip code 24202. This property offers 1.35 to 35 acres of B-3 zoned land, priced at $500,000 per acre. Boasting incredible visibility from I-81 (over 55,000 daily commuters) and Lee Hwy (over 20,000 daily drivers), this development currently includes major tenants such as Lowe's, Aldi, and Hobby Lobby, attracting over 3 million customers annually. The site is projected to expand to over one million square feet of retail space. Strong local demographics support this investment, with a 2021 estimated population of nearly 80,000 within a 5-mile radius and a median household income exceeding $50,000. Further enhancing the property's potential is the proximity to the upcoming Hard Rock Hotel and Casino (opening summer 2024, 5 miles away), poised to significantly boost tourism and increase traffic. This presents a compelling opportunity for significant return on investment. Broker co-op is available.

    Property Features for 0 Falls Blvd

    General Information

    Property type
    Land
    Lot Size
    58,806 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.149250244257
    Latitude
    36.628846809532

    Nearby Similar for Sale

    • New
      $699,900
      3,976 SF

      Historic Mixed-Use Bristol Jewel Box

      Charming mixed-use property in downtown Bristol with commercial and residential units.
      529 State St, Bristol, VA 24201
      View Details
    • $3,000,000
      1.58 Acres

      Multi-Family Investment Opportunity, Bristol VA

      Multi-family property with 20 units, strong income potential.
      1740 Bonham Rd, Bristol, VA 24201
      View Details
    • New
      $2,500,000
      3,321 SF

      Bristol Commercial Property Near Casino

      Turnkey commercial operation with high visibility near Hard Rock Casino.
      245 Gate City Hwy, Bristol, VA 24201
      View Details
    • New
      $349,000
      1,337 SF

      High-Visibility Commercial Property in Bristol

      Visible location near Hard Rock Hotel. Automotive sales or other uses.
      2245 Euclid Avenue Ext, Bristol, VA 24201
      View Details
    • $165,000
      1,204 SF

      Bristol, VA Church Opportunity

      Renovated church building with expansion potential in Bristol, VA.
      105 Martin Rd, Bristol, VA 24201
      View Details
    • $499,000
      2,817 SF

      Multi-Unit Investment Near Hard Rock

      Income-producing property near Hard Rock Casino with expansion potential.
      2412 Bradley St, Bristol, VA 24201
      View Details
    • New
      $349,900
      3,981 SF

      Historic Downtown Bristol Commercial Building

      Two-story commercial building with income potential in downtown Bristol.
      531 State St, Bristol, VA 24201
      View Details
    • $477,777
      866 SF

      Commercial Property Near Future Casino

      Versatile commercial property near Hard Rock Casino with B3 zoning.
      285 Gate City Hwy, Bristol, VA 24201
      View Details
    • $229,900
      1,071 SF

      Euclid Avenue Professional Office Space

      Highly visible office space with expansion potential in Bristol, VA.
      1723 Euclid Ave, Bristol, VA 24201
      View Details
    • $229,900
      1,071 SF

      Euclid Avenue Professional Office Space

      Highly visible office space with expansion potential near Hard Rock.
      1723 Euclid Ave, Bristol, VA 24201
      View Details
    • $220,000
      2,208 SF

      Versatile Commercial Building in Bristol, VA

      Adaptable commercial building suitable for various business ventures.
      519 Goodson St, Bristol, VA 24201
      View Details
    • $220,000

      Commercial Building in Bristol, VA

      Commercial property in Bristol, VA with flexible space.
      519 Goodson St, Bristol, VA 24201
      View Details

    FAQs

    What type of property is this?
    Land - Prime Bristol, VA retail land investment
    Where is this land located?
    The property is located at Falls Blvd Bristol, VA.
    Request Owner's contact information
    Falls Blvd Bristol, VA 24202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Falls Blvd
    Bristol, VA 24202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Falls Blvd Bristol, VA 24202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.