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29480954
29480955

237 Steele Creek Park Rd, Bristol, TN 37620 For Sale

JP
TX 729837
ValCap Group LLC
Listed by ValCap Group LLC
$2,995,000
170 days on market
Updated 19 days ago

Steel Creek Development - Opportunity Zone

Details
APN 082019 16800, 082019 16500, 082019 16600, 412 A 1A
Property Type Land
Sub Type Commercial
Acreage 64.340
Sale Condition For sale by owner

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.

Listing Contacts

JP
TX 729837
ValCap Group LLC
Listed by ValCap Group LLC

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