28 Flannagan Dr Bristol, VA 24202
- Specialty properties
- 10.30 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 28 Flannagan Dr
- Lot size
- 10.30 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 10.3-acre commercial development site in Bristol, VA, offers a unique investment opportunity. Located on a busy highway, directly across from "The Falls," this property boasts high visibility and a strategic location along the newly renovated Lee Highway. The site includes a 50-unit apartment building, zoned B-3 & R-1, and features a pre-approved commercial entrance completed by the City of Bristol and VDOT. A significant retention area provides over 250 feet of highway frontage. The median cut ensures easy ingress and egress, maximizing accessibility. The asking price is $999,000, representing a price per acre of $97,087 and a price per unit of $19,980. This fee-simple ownership offers significant potential for various commercial ventures, capitalizing on the high traffic volume and proximity to a major retail center. The property's APN is 185-A-6. Owners are motivated and open to negotiations. This is a rare opportunity to acquire a prime development site in a thriving Virginia market.
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
- Bristol
- State
- Virginia
- Longitude
- -82.1475
- Latitude
- 36.6318
