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Property profile & analytics
OFF-MARKET
Land

3323 Lee Hwy Bristol, VA 24202

1.8 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 1.8 ac (78,408 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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