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Property profile & analytics
OFF-MARKET
Land

70 Midway St Bristol, TN 37620

1.79 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.79-acre vacant land parcel presents a unique investment opportunity in Bristol, Tennessee. Located directly adjacent to the Hard Rock Casino, this property boasts a highly desirable location with significant development potential. The lot is zoned for both commercial and residential uses, offering flexibility for a variety of projects. Imagine a hotel catering to casino patrons or a multi-family development capitalizing on the area's growing popularity. The asking price is $1,000,000, translating to approximately $558,660 per acre. The property's address is 70 Midway St, Bristol, TN 37620, within Sullivan County. Its APN is 082020BB01700. The sale terms are cash to the seller. This location offers proximity to the Kingsport-Bristol MSA, ensuring convenient access to a substantial population base and a robust regional economy. The site's strategic positioning near the Hard Rock Casino presents a compelling opportunity for developers seeking high-return investments in a thriving entertainment and hospitality market. Given the land's versatility and prime location, this property is poised for significant appreciation and offers a rare chance to acquire a substantial piece of land in a rapidly developing area. Serious inquiries are encouraged to explore the full potential of this exceptional investment.

Property profile
Verified
Property type Land
Lot 1.79 ac (77,972 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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