603 Gate City HwyBristol, VA 24201

Property Details for 603 Gate City Hwy

Year built

1952

Lot size

0.62 AC

Property size (Sq ft)

7,574 SF

Property type

Other commercial real estate

APN

22 4 1 4 5A 6C

APU

224145A6C

Description

This exceptional 3.35-acre commercial land parcel presents a unique investment opportunity directly across from the entrance to the Hard Rock Casino and resort in Bristol, Virginia (zip code 24201). Located at 603 Gate City Hwy, this B-3 zoned property offers significant development potential in a rapidly growing area. The site currently features two existing buildings, providing potential for adaptive reuse or demolition to accommodate new construction. While there is a slight incline at the rear of the property, the overall terrain is relatively level and easily adaptable to various development plans. The high demand for restaurants, retail spaces, apartments, and hotels in this burgeoning area makes this a highly attractive proposition for investors seeking to capitalize on the increased tourism and economic activity generated by the Hard Rock Casino. The scarcity of developable land in this immediate vicinity underscores the urgency of this opportunity. This is a rare chance to secure a prominent location with exceptional visibility and access, poised for substantial returns. The property's location offers unparalleled exposure to the significant traffic generated by the casino, ensuring high visibility for any future development. Don't miss this chance to be part of Bristol's exciting growth story.

• Alternative Use

  Use

  Valuation

  Residential

  $1,672,934

  Hospitality

  $1,532,398

  Educational

  $1,274,937

  Medical

  $1,318,784

  Retail

  $1,983,236

Location Insight

City

Bristol

County

Bristol

State

Virginia

Latitude

36.6005

Longitude

-82.2169

CBSA code

28700

CBSA name

KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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