$3,400,000
Piney Flats, TN 37686
MLS# 9960300
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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
Deed Book #: P55
Deed Page #: 259
Parcel ID: 134 034.00
County Taxes: 1499.66
Contract Info
Status: Active
Listing Price: 3400000
Current Price: $3,400,000
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
Lease: No
Lot Size: 108 Acres
Acres: 108
Zoning: A1
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
Business Type: Residential; See Remarks
Exterior Finish: See Remarks
Other Equipment: See Remarks
Electric Service: See Remarks
Development Status: Raw Land
Heating: See Remarks
AC: See Remarks
Water: Public
Sewer: None
Road Access: Highway
Info Available: Aerial
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: Fee Simple
Listing Office: The Addington Agency Bristol
Last Updated: January - 25 - 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.