Property Listing No Longer Available for Sale

Tbd Bristol Hwy, Johnson City, TN

Others for Sale - $1,122,000


Property Info

CIMLS#1081020
Location
  Tbd Bristol Hwy
  Johnson City TN 37601
UpdatedOctober 22nd, 2020
TypeOthers
Price$1,122,000

Property Description

Over 450' of frontage on Bristol Highway. 11+ acres of vacant land that is a great location for various uses.? To utilize the property to its maximum potential, the front 6.5+/- acres can be purposed for commercial uses such as service providers, wholesale businesses, automotive dealers, and many other users.? The 4.8+/- acres on the back of the property are ideally suited for multi-family use.? This portion would need to be rezoned to permissible zoning.??

*Pricing for the property is divided by the acreage's highest and best use. The 6.5 +/- acres (portion outlined in blue) in the front of the property have an asking price of $150,000 per acre ($978,000 total). The 4.8 acres (portion outlined in red) in the back of the property has an asking price of $30,000 per acre ($144,000 total).


Financials


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