
Steel Creek Development - Opportunity Zone
Land | 64.34 acres
Marketing description
64.34 Acres near heart of Bristol TN
Based on initial density analysis, it has been determined that the combined parcels along with current zoning, could yield a 600+/- multifamily units.
Investment highlights
This 64.34 acre land opportunity at 237 Steele Creek Rd in Bristol, TN offers a rare, large-scale site with flexibility for residential, multifamily, or mixed-density development. The size and layout allow for multiple strategies, including single-family, townhomes, apartments, or a phased master-planned community. Bristol, TN is experiencing steady population growth, increasing from its 2020 base to approximately 27,867 residents in 2024, signaling sustained housing demand. Household incomes are also rising, with a median household income of roughly $55,000, supporting both for-sale and rental product. The market benefits from strong regional drivers such as Bristol Motor Speedway and the newly opened Hard Rock Casino, which continue to attract jobs, tourism, and infrastructure investment. Combined with a business-friendly, pro-growth environment, this site presents a compelling opportunity to invest in a growing and increasingly diversified Bristol market.
This property is located in an Opportunity Zone with favorable tax incentives.
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