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Property profile & analytics
OFF-MARKET
Land

0 Massachusetts Ave Bristol, VA 24201

0.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.32-acre commercial land parcel presents a rare development opportunity in Bristol, Virginia. Located on Massachusetts Avenue, this cleared and mostly level lot boasts convenient access from both the front and rear, offering flexibility for various construction plans. The property's R-3 zoning designation allows for the development of both single-family and multi-family residential units, making it an attractive investment for builders and developers seeking to capitalize on the high demand for housing in this desirable area. The lot is situated near local schools and shopping amenities, enhancing its appeal and potential for strong rental income or resale value. A mature tree provides established landscaping, adding to the property's curb appeal. The exact acreage is as stated in the property deed. Given the limited availability of buildable lots in this location, this property represents a unique chance to acquire a prime piece of land in a thriving community. Prospective buyers are encouraged to review the city's zoning regulations for detailed information on permitted uses and building codes. This is a truly exceptional opportunity for those seeking a prime location for residential development.

Property profile
Verified
Property type Land
Lot 0.32 ac (13,939 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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