0 Massachusetts Ave Bristol, VA 24201
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.