403 Lynnwood Dr

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403 Lynnwood Dr

Bristol, VA 24201
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 0.35 acres for development
  • Property situated at 403 Lynnwood Dr in Bristol
  • Suitable for boutique retail or professional office use
  • Located within an established commercial real estate market
  • Positioned in a growing region of southwestern Virginia

What's Special

Development of a commercial project is well-suited for this 0.35-acre parcel located at 403 Lynnwood Dr in Bristol, Virginia. This land sits within a community that benefits from its position in the Appalachian region, characterized by steady growth and proximity to regional transit corridors. The site provides a manageable footprint for specialized business operations, boutique retail services, or professional office use that caters to the local Bristol economy. With its strategic placement in a recognized commercial submarket, the lot offers versatility for developers and business owners seeking an entry point into this evolving area. Investors evaluating land assets will find this property functional for immediate or future project planning, supported by the ongoing economic stability of the surrounding metro landscape.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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