Abingdon I-81 Exit 14 Redevelopment Site

Vacant Land for Sale
Catylist Listing ID: 30320423
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Other
Gross Land Area: 2.80 Acres
Sale Price: $1,350,000
Unit Price: $482,142 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2018

Overview / Comments

SUPER INTERSTATE VISIBILITY! Located at I-81, Exit 14 in Abingdon, this approximately 2.8 acres property is ideal for redevelopment for new hotel, restaurant, corporate offices or other businesses venture desiring great interstate access. Situated in high traffic area with Virginia Highlands Community College and Heartwood, a Southwest Virginia tourist destination, across the street. This popular interstate exit has newly completed cloverleaf serving busy hotel and restaurant area with Comfort Inn, Comfort Suites and McDonald's nearby. Site sits above grade with great mountain views. Property currently has 4 buildings, each rented, 1 short term remaining and 3 are month to month. Contact agent for further details on this excellent interstate property.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Washington

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,174 9,737 24,139
Median Age: 46.86 46.85 45.33
Households: 1,469 4,429 10,628
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.