$399,900
Tbd Wallace Meadows WAY Bristol, VA 24202
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$399,900
Est. payment /mo
845,064 SqFt
Active
Tbd Wallace Meadows WAY Bristol, VA 24202
UPDATED:
10/01/2024 07:24 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 845,064 sqft
Price per Sqft $0
Subdivision Not In Subdivision
MLS Listing ID 9964534
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Lot Size 19.400 Acres
Acres 19.4
Lot Dimensions 19.4 ACRES
Property Description
Welcome to your turnkey, shovel-ready development conveyed with Declarant rights and your ability to author your own story from inception to fruition. Fully engineer designed, and in ready go form to expand this new housing section of a wonderful community - Meadowood at Wallace. This expansion will consist of eleven duplex units and three tri-plex units with a forecasted* gross sale of north of 11M upon housing being sold. The duplex units are single level and the tri-plex are planned as multi-level units with a garage below. The duplex units come with a completed architectural plan for max density in the development with a carefully designed floorplan to provide enough space for all. A master bedroom with on-suite master bath and dual vanity, a stand-alone shower and bathtub, a second and third bedroom with a jack and jill full bath, a great room with half bath, and exit to a private back patio, along with a full two car garage and front porch encompasses this luxury design. Design plans will convey with the purchase for an easier start to finish process. The 400+ page application and permitting process with the county is complete to final prelim requirements and ready for recordation and bonding. Save yourself the developer hassle with this project managed solution which has required over two years of endless meetings with various local and state authorities. The project was managed and designed by a developer with 15 years' experience and involvement with over 200 built from scratch communities. Intended as a retirement plan as a village of cash flow via rental income, as fate would have it, the developer has had alternate life plans and is relocating out of state. The time to capitalize is now! There are few opportunities more turn-key than one in the greater Tri-cities area and Bristol is begging for housing with a constant hoard of buyers seeking new construction. Buyer/buyers agent to verify all info. Info contained herein taken from 3rd party.
Location
State VA
County Washington
Community Not In Subdivision
Area 19.4
Zoning AG
Direction From I-81, use exit 5. Turn left onto Lee Hwy, left onto Island Rd., right onto Wallace Pike, approximately 2 miles property is on right.
Building
Sewer At Road
Water At Road
Schools
Elementary Schools High Point
Middle Schools Wallace
High Schools John S. Battle
Others
Senior Community No
Tax ID 141 A 34c 000000
Listed by Jessica Carter • The Addington Agency Bristol
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