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    3171 Linden Dr Bristol, VA 24202

    Sponsored
    For Sale
    $975,000

    1.53 Acres, I-81 Access, $975,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.53-acre commercial land parcel presents a remarkable investment opportunity in Bristol, Virginia. Strategically located off Exit 5 of Interstate 81, this property enjoys prime visibility and accessibility, situated within one of Bristol's two major commercial retail corridors. The location benefits from the high traffic volume generated by I-81, a key transportation artery connecting Tennessee to New York, ensuring significant exposure to a large regional market. This area serves both local residents and regional visitors, capitalizing on Bristol's reputation as a vibrant hub for entertainment, shopping, and recreation, often referred to as the "Capital of Southwest Virginia." The property's proximity to the Tri-Cities region, encompassing approximately 500,538 residents, further enhances its market potential. The convenient access to I-81 and its proximity to two airports makes it ideal for businesses catering to travelers and local residents alike. The property's APN is 228 5 1. This is a rare chance to acquire a well-positioned commercial site in a thriving and historically significant city, known as the "Birthplace of Country Music." The asking price for this exceptional property is $975,000.

    Property Features for 3171 Linden Dr

    General Information

    Property type
    Land
    Lot Size
    66,647 SF

    HighLights

    • 1.53‑acre commercial land parcel in Bristol, VA, with excellent visibility and accessibility.
    • Prime location off I‑81 Exit 5, within a major Bristol retail corridor, benefiting from high traffic volume.
    • Serves both local and regional markets, capitalizing on Bristol's strong economy and tourism.
    • Convenient access to I‑81 and proximity to two airports.
    • APN: 228 5 1. Asking price: $975,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.1258432
    Latitude
    36.62989944

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    FAQs

    What type of property is this?
    Land - 1.53 Acres, I-81 Access, $975,000
    Where is this land located?
    The property is located at 3171 Linden Dr Bristol, VA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 1.53-acre commercial land parcel in Bristol, VA, with excellent visibility and accessibility.; Prime location off I-81 Exit 5, within a major Bristol retail corridor, benefiting from high traffic volume.; Serves both local and regional markets, capitalizing on Bristol's strong economy and tourism.
    Request Owner's contact information
    3171 Linden Dr Bristol, VA 24202
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    Bristol, VA 24202
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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
    3171 Linden Dr Bristol, VA 24202
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