421 At Hwy Bristol, TN 37620
This exceptional 70-acre parcel, located at the signalized intersection of Highway 421 and Highway 394 in Bristol, Tennessee, presents a unique mixed-use development opportunity. Situated in Sullivan County and boasting an M-1 zoning designation, this property allows for a variety of commercial and industrial uses, including retail establishments. The land is conveniently located to serve both east Bristol and eastern Sullivan County, offering excellent accessibility and visibility. All city services are readily available, making infrastructure development straightforward. The expansive lot size provides ample space for a large-scale project, while the strategic location ensures high traffic volume and potential for significant return on investment. Further enhancing its appeal, this property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. The property's Assessed Parcel Number (APN) is 038 058.00. The asking price for this remarkable development opportunity is $2,500,000. This is a rare chance to acquire a substantial tract of land with significant potential in a thriving Tennessee community.
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.
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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.