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PORTSMOUTH AVE - $10,000,000.00 50.64 Acres of Commercial Land Offered at $10,000,000 in Bristol, VA 24201



Executive Summary
A prime opportunity for a wide range of flexible redevelopment and mixed-use development, including a potential data center or technology campus.
The FRD zoning allows for a broad range of by-right commercial, technology, institutional, and residential uses, making the property well suited for projects such as data centers or call centers, research and development facilities, laboratories, light manufacturing and custom manufacturing, general or medical office campuses, conference centers, hotels, health clubs or indoor recreation facilities, food and beverage production or micro-breweries, retail and restaurant uses, art studios or galleries, museums, business or trade schools, self-storage facilities, indoor plant production, and residential development consistent with R-3 standards.
Additional development opportunities may also be available with a Special Use Permit, including more intensive manufacturing, outdoor recreation or entertainment facilities, outdoor horticulture or nursery operations, outdoor vehicle or equipment sales, outdoor storage associated with manufacturing or distribution, and major utility infrastructure.
This zoning flexibility positions the property for technology infrastructure, innovation campuses, mixed-use commercial centers, hospitality, advanced manufacturing, retail, or residential-integrated developments, depending on the approved site plan.
The FRD zoning allows for a broad range of by-right commercial, technology, institutional, and residential uses, making the property well suited for projects such as data centers or call centers, research and development facilities, laboratories, light manufacturing and custom manufacturing, general or medical office campuses, conference centers, hotels, health clubs or indoor recreation facilities, food and beverage production or micro-breweries, retail and restaurant uses, art studios or galleries, museums, business or trade schools, self-storage facilities, indoor plant production, and residential development consistent with R-3 standards.
Additional development opportunities may also be available with a Special Use Permit, including more intensive manufacturing, outdoor recreation or entertainment facilities, outdoor horticulture or nursery operations, outdoor vehicle or equipment sales, outdoor storage associated with manufacturing or distribution, and major utility infrastructure.
This zoning flexibility positions the property for technology infrastructure, innovation campuses, mixed-use commercial centers, hospitality, advanced manufacturing, retail, or residential-integrated developments, depending on the approved site plan.
Property Facts
1 Lot Available
Lot
| Price | $10,000,000 | Lot Size | 50.64 AC |
| Price Per AC | $197,472.35 |
| Price | $10,000,000 |
| Price Per AC | $197,472.35 |
| Lot Size | 50.64 AC |
Two FRD-zoned parcels totaling approximately 50± acres
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PORTSMOUTH AVE - $10,000,000.00
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