$8,300,000
Bluff City, TN 37618
MLS# 9956850
5600 sqft
1 / 52
Property Description
14.4% CAP for current owners. LEGENDARY LOCATION. RVs. MULTI ZONED. Nestled within 56 acres of natural beauty DIRECTLY BESIDE Bristol Motor Speedway in Bristol, Tennessee, this remarkable property has the opportunity to be the official location to operate as a premier event center location. This city-sanctioned status adds a significant layer of credibility and convenience for event planners and organizers. With approved plans in place, the property is equipped to host a wide range of events, from large-scale concerts and corporate conferences to intimate weddings and community gatherings PLUS MORE. If an event center is not your dream for this amazing location, then check out opportunities such as: Hotel/Motel, Grocery, Recreation, Gas, Concert Venue, Housing and more!! The campground's location along a MAJOR HIGHWAY ensures easy accessibility for attendees, while the availability of RV hookups caters to the needs of visitors from near and far. The lush surroundings and proximity to the speedway offer a unique backdrop for any event, creating a memorable and picturesque setting. Within 6 miles you are conveniently and centrally located near Hard Rock Casino and The Pinnacle which features restaurants and shopping. Don't forget to go downtown and walk the famous State Street and enjoy the Birthplace of Country Music. Lady Equipment Company is an exceptional income producing campground on 10 acres that combines convenience with modern amenities, offering a memorable experience for visitors two times a year to the NASCAR races. Carrier Investments brings 45 additional acres to grow and expand an already sought after destination for both nature enthusiasts, race fans and country music lovers. Whether you're planning a grand occasion or rubbing is racing experience, this property, with a city approved feasibility study for an event center, provides the perfect canvas to bring your vision to life. Buyer/Buyers Agent to verify all information.
Details
Location, Tax & Legal Info
Street #: 3077
Street Name: Highway 11e / 191 White Top Rd
County: Sullivan
State/Province: TN
Zip Code: 37618
Area: 103 - Bristol TN (City)
Deed Book #: 3197
Deed Page #: 603
Parcel ID: 067 065.00
City Taxes: 14528.29
County Taxes: 17599.54
Contract Info
Status: Active
Listing Price: 8300000
Current Price: $8,300,000
List Price/SqFt: 1482.14
Listing Date: 2023-09-14
Buyer Broker: Yes
Buyer Broker Comm: 4.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 56.54 AC
Acres: 56.54
Zoning: Com/Res/Ag
Year Built: 1930
Stories: 1
Total SqFt: 5600
Total SqFt Finished: 5600
# Parking Spaces: 1000
HOA Y/N: No
Road Frontage Length: 2880
Remarks & Misc
Public Remarks: 14.4% CAP for current owners. LEGENDARY LOCATION. RVs. MULTI ZONED.
Nestled within 56 acres of natural beauty DIRECTLY BESIDE Bristol Motor Speedway in Bristol, Tennessee, this remarkable property has the opportunity to be the official location to operate as a premier event center location.
This city-sanctioned status adds a significant layer of credibility and convenience for event planners and organizers. With approved plans in place, the property is equipped to host a wide range of events, from large-scale concerts and corporate conferences to intimate weddings and community gatherings PLUS MORE. If an event center is not your dream for this amazing location, then check out opportunities such as: Hotel/Motel, Grocery, Recreation, Gas, Concert Venue, Housing and more!!
The campground's location along a MAJOR HIGHWAY ensures easy accessibility for attendees, while the availability of RV hookups caters to the needs of visitors from near and far. The lush surroundings and proximity to the speedway offer a unique backdrop for any event, creating a memorable and picturesque setting. Within 6 miles you are conveniently and centrally located near Hard Rock Casino and The Pinnacle which features restaurants and shopping. Don't forget to go downtown and walk the famous State Street and enjoy the Birthplace of Country Music.
Lady Equipment Company is an exceptional income producing campground on 10 acres that combines convenience with modern amenities, offering a memorable experience for visitors two times a year to the NASCAR races. Carrier Investments brings 45 additional acres to grow and expand an already sought after destination for both nature enthusiasts, race fans and country music lovers.
Whether you're planning a grand occasion or rubbing is racing experience, this property, with a city approved feasibility study for an event center, provides the perfect canvas to bring your vision to life.
Buyer/Buyers Agent to verify all information.
Directions: From I-81: Take exit 69, head SE on TN-394 5.3 miles, go approx 0.2 miles, Lady Equipment Co is located on Hwy 11E and Carrier Investments is located on White Top Road. Pull in and wrap around entrances and GPS Friendly.
Property Features
Property Condition: Above Average
Business Type: Hotel/Motel; Recreation; Other; See Remarks
Exterior Finish: See Remarks
Other Equipment: See Remarks
Electric Service: See Remarks
Development Status: Cleared; Finished Lot(s); Raw Land
Heating: Central; See Remarks
AC: Central Air
Water: At Road; Public
Sewer: Public Sewer
Road Access: City Street; Highway; See Remarks
Info Available: Aerial; Profit/Loss Statement; See Remarks
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: KW Johnson City
Last Updated: March - 31 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.