2016 Veda Dr Bristol, VA 24201
- Hotels
- 0.39 lot acres
Current Use by Public Records
- Hotels
Property Details for 2016 Veda Dr
- Lot size
- 0.39 lot acres
- Property type
- Hotels
- APN
- 22-2-2-1, 22-2-2-2A
Description
This exceptional 0.39-acre corner lot in Bristol, VA, presents a unique development opportunity. Located directly adjacent to an entrance of the new Hard Rock Hotel and Casino, this property boasts a prime location with high visibility and significant foot traffic. Currently zoned for commercial use, the site is approved for a boutique hotel, offering investors a chance to capitalize on the burgeoning tourism sector fueled by the casino's presence. The existing house on the property will require demolition to facilitate commercial development. The property consists of one building, two stories, and is classified as Class A. The asking price is $1,100,000. The property's APN is 22-2-2-1, 22-2-2-2A. This is an excellent investment opportunity for developers seeking a high-return project in a rapidly growing area. The address is 2016 Veda Dr, Bristol, VA 24201. The city of Bristol has expressed openness to alternative commercial uses beyond a boutique hotel, providing flexibility for potential investors. This location offers unparalleled access to the Hard Rock Hotel and Casino's amenities and clientele, creating a strong foundation for a successful venture.
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
- -82.218969261012
- Latitude
- 36.601072470022
