3323 Lee Hwy Bristol, VA 24202
This exceptional 1.8-acre commercial land parcel is ideally situated on Lee Highway in Bristol, Virginia, just off Exit 7 of I-81. Boasting a highly visible location within a thriving shopping district, this property offers unparalleled access to high traffic volume and excellent visibility. Nearby establishments include Chick-fil-A, Home Depot, Grand Furniture, and numerous other retail and restaurant businesses. The proximity to the new Hard Rock Casino further enhances its investment potential. The property is zoned B-3 commercial, ensuring a wide range of development possibilities. All utilities are readily available. While a portion of the property's edge along a creek falls within a flood zone, the majority of the land is unaffected. This offering presents a rare opportunity to acquire a commercial lot significantly below its tax appraisal value. The parcel number is 17 13a, located in Washington County, within the 101-Bristol VA (City) area, and is not part of a subdivision. Directions: Take I-81 North to Exit 7, turn left at the end of the ramp, and proceed right onto Lee Highway
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
Similar Nearby for Sale
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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.