2702 Lee Hwy Bristol, VA 24202
- Land
- 7.90 lot acres
Current Use by Public Records
- Land
Property Details for 2702 Lee Hwy
- Lot size
- 7.90 lot acres
- Property type
- Land
Description
This exceptional 7.9-acre commercial land parcel presents a significant investment opportunity in Bristol, Virginia. Located at 2702 Lee Hwy, this B-3 zoned property enjoys a highly desirable location adjacent to The Falls development, a thriving retail center anchored by established national tenants including Lowe's, Buffalo Wild Wings, and Hobby Lobby. The property's strategic position offers excellent visibility and accessibility, making it ideal for a variety of commercial uses or a multifamily development project. Its proximity to the bustling The Falls development ensures high traffic volume and strong consumer demographics. Furthermore, the property benefits from its convenient location just five miles from the under-construction Hard Rock Casino and Resort, a project poised to significantly boost the area's economic activity and attract further development. The asking price is $2,250,000. This represents a compelling opportunity to acquire a substantial land holding in a rapidly growing market with significant potential for future appreciation. The property is zoned for both commercial and residential uses, offering flexibility for a range of development scenarios. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Washington
- State
- Virginia
- Longitude
- -82.1393
- Latitude
- 36.6315
