$3,400,000
Piney Flats, TN 37686
MLS# 9960294
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Property Description
Location, Location, Location! ATTENTION DEVELOPERS: The Masengill farm is officially available for sale! Looking for the perfect piece of property for your next development? Don't miss this one! One of Tennessee's oldest farms boasting over 108 acres situated between Johnson City and Piney Flats, this ideal location offers convenience, easy access with 3000' of road frontage, and endless potential for developers. Zoned A-1, and nestled in the county with access to public utilities, this property is a prime location to be rezoned for a residential development, multi-family, or a mixed-use development capitalizing on the commercial potential with the road frontage on Hwy 11E with an impressive (ADTC) exceeding 23,000+ cars per day! Located within minutes of Boone Lake, Bristol Motor Speedway, and just a short drive to everything in Johnson City, Bristol, or Kingsport; this property's unparalleled location allows the opportunity to take advantage of the promising future of this thriving market in the TriCities! Whether you're looking to purchase for personal use or an investment opportunity, land of this caliber in this location does not come available often and will not last long priced to sell at $31,481/acre. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.
Details
Maps
Location, Tax & Legal Info
Street #: Tbd
Street Name: Highway 11e
County: Sullivan
State/Province: TN
Zip Code: 37686
Area: 105 - Piney Flats
Subdivision: Not In Subdivision
County Taxes: 1499.66
Deed Book #: P55
Deed Page #: 259
Parcel ID: 134 034.00
Contract Info
Status: Active
Listing Price: 3400000
Current Price: $3,400,000
List Price/Acre: 31481.48
Listing Date: 2023-12-15
Buyer Broker: Yes
Buyer Broker Comm: 3
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Road Frontage Length: 3005
Lot Size: 108
Lot Size SqFt: 108
Acres: 108
Zoning: A1
Elementary School: Mary Hughes
Middle School: Sullivan East
High School: Sullivan East
HOA Y/N: No
Remarks & Misc
Public Remarks: Location, Location, Location! ATTENTION DEVELOPERS: The Masengill farm is officially available for sale! Looking for the perfect piece of property for your next development? Don't miss this one! One of Tennessee's oldest farms boasting over 108 acres situated between Johnson City and Piney Flats, this ideal location offers convenience, easy access with 3000' of road frontage, and endless potential for developers. Zoned A-1, and nestled in the county with access to public utilities, this property is a prime location to be rezoned for a residential development, multi-family, or a mixed-use development capitalizing on the commercial potential with the road frontage on Hwy 11E with an impressive (ADTC) exceeding 23,000+ cars per day! Located within minutes of Boone Lake, Bristol Motor Speedway, and just a short drive to everything in Johnson City, Bristol, or Kingsport; this property's unparalleled location allows the opportunity to take advantage of the promising future of this thriving market in the TriCities! Whether you're looking to purchase for personal use or an investment opportunity, land of this caliber in this location does not come available often and will not last long priced to sell at $31,481/acre. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.
Directions: Traveling from Johnson City to Piney Flats, the property is located on the left across from Rocky Mount Historic Site.
Property Features
Property Condition: Above Average
Land Type: Commercial; Farm; Residential; Other
Lot Features: Pasture; Rolling Slope; Wooded; See Remarks
Road Access: Highway
View: Mountain(s)
Info Available: Aerial; Survey; See Remarks
Permitted: Livestock; Site Built; Other
Access/Trans: Airport 5 Miles or Less; Will Not Divide
Topography/Lot Description: See Remarks
Water: At Road; Public
Sewer: None; See Remarks
Easements: See Remarks
Utilities: Electricity Available
Listing Office: The Addington Agency Bristol
Last Updated: January - 22 - 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.