Tbd Bristol Hwy, Johnson City, TN
Others for Sale - $1,122,000
Property Info
CIMLS# | 1081020 |
Location Tbd Bristol Hwy Johnson City TN 37601 | |
Updated | October 22nd, 2020 |
Type | Others |
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).