Property summary
This exceptional 7.3-acre parcel presents a compelling investment opportunity in Bristol, VA. Strategically located just off Gate City Highway, this mostly cleared land offers unparalleled potential for diverse development. Currently zoned R2, it's ideally suited for residential development, such as townhomes or single-family homes. However, the sellers are actively pursuing rezoning to B3, mirroring the zoning of adjacent properties. This rezoning would unlock significant commercial development potential, including hotels and other commercial ventures. The property boasts a prime location, only 0.4 miles from the Hard Rock Casino, 2 miles from the vibrant downtown area of Bristol, TN/VA, and 3 miles from The Pinnacle Shopping Center. Its convenient access from I-81, Exit 1, via Gate City Highway, ensures excellent accessibility. Furthermore, the elevated position provides scenic views. This property is situated within a rapidly developing area, benefiting from ongoing infrastructure improvements and nearby developments. This is a rare chance to acquire a significant land holding in a high-growth area with substantial commercial potential. The asking price is $1,300,000.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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