Allen Property - King College Road

Vacant Land for Sale
Catylist Listing ID: 30046005
Property Subtypes: Multi-Family
Gross Land Area: 5 - 5.30 Acres
Sale Price: $279,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2017

Overview / Comments

A great development opportunity exists at this 5+ acres site in the heart of the King College area, very near to Holston View Elementary School. With over 400' feet of front line this 5+ acres provides a great opportunity to develop a high end, low maintenance subdivision of Condominiums or Townhomes adjacent to Holston View Elementary
School on King College Road, just minutes away from the Bristol Country Club, The Virginian Golf Club, and various subdivisions. The property has access to City water and Sewer, and is only slightly sloped and can be developed with it's current topography. The survey has not been completed as yet and may have some flexibility. Call today for your private and confidential viewing.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 021 053.00
Zoning: R-3, R-1A
Property Located Between: King University and Holston View Elementary Schoool
Property Visibility: Excellent
Legal Description: To be determined by survey.
Largest Nearby Street: King College Road
Airports: TRI - Tri Cities Regional Airport; Highlands Community Airport
Site Description: Good topography for building condominiums or townhomes, and the property has been used for grazing with few trees.
Area Description: King College Road, is the main access to downtown Bristol from the East side of town and the County Club of Bristol, Holston View Elementary and Fairfield areas just to name a few of the points of interest. This area of town specializes in residential housing.
Lot Frontage: 400+
Lot Depth: 800+
Zoning Description: R-3, high density housing; R-1A, (very small portion at the rear of the property) Single family housing on this type of land
Topography: Gently Sloping
Easements: Other
Easements Description: None
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,404 28,983 56,167
Median Age: 41.96 40.74 42.12
Households: 2,327 12,373 23,973

Source

© Copyright Northeast Tennessee Association of REALTORS┬«. All Rights Reserved. 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.