Retail Development Land
For Sale
Contact for pricing
Falls Blvd, Bristol, VA 24202
Land available in thriving retail development near I-81.
Property SizeContact for details
Days on Market1679
Property Features for Falls Blvd
General Information
Standard status
Active
Property subtype
Land
Zoning
B-3
Listing Agency:
Interstate Realty Company
Listed By:
Marcus Nidiffer · License #TN 334533
(423) 968-5971
Source:
Crexi
Added: Feb 7, 2022
Changed: Sep 12
Last Checked: Sep 12 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Interstate Realty Company
Investment Insights
Based on property information with market context.
This retail development offers an investment opportunity with high visibility from I-81, which sees over 55,000 daily commuters, and Lee Hwy, with over 20,000 daily drivers. Outlots ranging from 1.35 acres to 35 acres are available within the development, which is expected to grow to over a million square feet of retail space. Current tenants include Lowe’s, Aldi, and Hobby Lobby, attracting over 3 million customers annually. The local demographics show a 2021 estimated population of nearly 80,000 within a 5-mile radius and a median household income of over $50,000. The upcoming Hard Rock Hotel and Casino, expected to open in summer 2024 approximately 5 miles away, is anticipated to increase local tourism and traffic to the retail development.
Key Highlights
- Incredible visibility from I‑81 and Lee Hwy.
- Existing tenants like Lowe’s and Aldi attract over 3 million customers annually.
- Significant growth potential with outlots available.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 24202, VA
12,716
Population
6,270
Households
2
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
128.8 sq mi
ZIP Area
99
Density / Sq Mi
$58,333
Median Household Income
$36,435
Median Earnings
$850
Median Rent
$195,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Land available in thriving retail development near I-81.
Where is this commercial land located?
The property is located at Falls Blvd Bristol, VA.
What are key features of this property?
This property features: Incredible visibility from I‑81 and Lee Hwy.; Existing tenants like Lowe’s and Aldi attract over 3 million customers annually.; Significant growth potential with outlots available.
