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0 Fls BlvdBristol, VA 24202

Prime Bristol, VA retail land investment

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional commercial land investment opportunity in Bristol, Virginia, situated on Falls Blvd, zip code 24202. This property offers 1.35 to 35 acres of B-3 zoned land, priced at $500,000 per acre. Boasting incredible visibility from I-81 (over 55,000 daily commuters) and Lee Hwy (over 20,000 daily drivers), this development currently includes major tenants such as Lowe's, Aldi, and Hobby Lobby, attracting over 3 million customers annually. The site is projected to expand to over one million square feet of retail space. Strong local demographics support this investment, with a 2021 estimated population of nearly 80,000 within a 5-mile radius and a median household income exceeding $50,000. Further enhancing the property's potential is the proximity to the upcoming Hard Rock Hotel and Casino (opening summer 2024, 5 miles away), poised to significantly boost tourism and increase traffic. This presents a compelling opportunity for significant return on investment. Broker co-op is available.

Property Details for 0 Fls Blvd

Property type
Land
Lot Size (sq. ft)
58,806 SF

Location Insight

City
Bristol
County
Washington
State
Virginia
Latitude
36.628846809532
Longitude
-82.149250244257
Fls Blvd, Bristol, Virginia

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0 Fls Blvd
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