0 Georgia Ave Bristol, TN 37620
This exceptional 12.37-acre parcel of cleared, level land presents a remarkable residential development opportunity in Bristol, TN. Located within city limits, this property boasts approximately 313 feet of road frontage on Georgia Ave and 1063 feet on Oakwood St. A pre-approved subdivision plan for 36 residential lots is included, significantly reducing development time and costs. Zoned R-3, the land allows for single-family homes, duplexes, and multi-family dwellings, with a maximum density of 13 units per acre. Its enviable location offers proximity to King College University, and is a short drive from Downtown Bristol, South Holston Lake, Hard Rock Casino, and Bristol Motor Speedway. Convenient access to public utilities is available. While primarily suited for residential development, the property's zoning may allow for commercial or mixed-use projects with appropriate approvals. Priced at $427,500, this property is a rare find and won't remain on the market long. The property is subject to the landfill disclosure, details of which are available upon request. All information is deemed reliable but should be verified independently.
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
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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.