Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    109 Meadow St Bristol, TN 37620

    Sponsored
    For Sale
    $1,249,900

    Commercial - Bristol, TN

    Property size:
    2,100 SF
    Lot size:
    3.69 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 22 at 9:06 am

    Property Features for 109 Meadow St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    020H A 040.20 / 020H A 041.00 / 020H A 0
    Parking features
    Garage
    Size
    2,100 SF
    Lot size
    3.69 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1985
    Year renovated
    1985
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tannor Giles

    Your Home Sold Guaranteed Realty TN (865) 365-1670 [email protected]

    Listing agent Tannor Giles (865) 365-1670

    Listing date Jan 14, 2026

    MLS# 11553645 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Mixed-Use Property For Sale

    Four connected parcels located at 109, 123 & 127 Meadow Street and 697 Highway 126 in Bristol, TN, are available for purchase. The properties are zoned B-3: General Business, making them suitable for retail, office, service, or mixed-use ventures. The property features an 1,800 sq ft garage and a 2,100 sq ft garage, with one of the garages including a finished apartment upstairs. The total lot size is 3.69 acres. The property is partially fenced and includes newly installed overhead doors and a security system. The B-3 zoning allows for a variety of uses, including shops, restaurants, offices, and auto services, offering immediate income potential and opportunities for future development. The property is located in a high visibility location. The property size is 2,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.231703
    Latitude
    36.584914

    Nearby Similar for Sale

    • $800,000
      7,329 SF

      Commercial Property on State Street

      Highly visible commercial property in Bristol with flexible potential.
      1606 W State St, Bristol, TN 37620
      View Details
    • New
      $425,000
      0.33 Acres

      Bristol TN Multifamily Investment Property

      Four-unit residential building near Hard Rock Casino and other attractions.
      1401 Windsor Ave, Bristol, TN 37620
      View Details
    • $525,000
      6,300 SF

      Bristol Church Property on 5+ Acres

      Church property with sanctuary, fellowship hall, offices, and parking.
      607 Greenfield Pl, Bristol, TN 37620
      View Details
    • $1,900,000
      10,260 SF

      Luxury Multifamily Investment Opportunity

      New construction, five-unit property in Bristol, Tennessee.
      577 English St, Bristol, TN 37620
      View Details
    • New
      $299,900
      1,700 SF

      Renovated Home with Income Potential

      Updated home perfect for residence or investment near Bristol attractions.
      2549 Bay St, Bristol, TN 37620
      View Details
    • $500,000
      3,040 SF

      Turnkey Medical Office Ready Now

      Move-in ready medical office with eight exam rooms.
      933 Highway 126, Bristol, TN 37620
      View Details
    • $195,000
      Pending

      Bristol Multifamily Property with Potential

      Multifamily property near Speedway and Casino with rental/Airbnb potential.
      216 Taylor St, Bristol, TN 37620
      View Details
    • $450,000
      2,455 SF

      Volunteer Parkway Commercial Opportunity

      High-visibility commercial property near Bristol Motor Speedway.
      2515 Volunteer Pkwy, Bristol, TN 37620
      View Details
    • $479,900
      2,694 SF

      Turn-Key Office in Bristol Heart

      Remodeled office building with charm, character, and high visibility.
      512 Alabama St, Bristol, TN 37620
      View Details
    • New
      $299,900
      4,824 SF

      Craftsman Duplex with Modern Updates

      Renovated Craftsman duplex in Bristol, TN with income potential.
      407 Poplar St, Bristol, TN 37620
      View Details
    • $285,000
      0.10 Acres

      Bristol TN Two-Unit Dwelling

      Two-unit property in good condition, ideal for living and renting.
      921 Edgemont Ave, Bristol, TN 37620
      View Details
    • $5,100,000
      9,824 SF

      Bristol, TN Commercial Property

      Premier vacation destination with river frontage and rental cabins.
      383 S Tva Rd, Bristol, TN 37620
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Four parcels zoned B-3, ideal for retail, office, or mixed-use.
    Where is this mixed-use property located?
    The property is located at 109 Meadow St Bristol, TN.
    What is the asking price?
    The asking price for this property is $1,249,900.
    What are key features of this property?
    This property features: - Four connected parcels zoned B-3: General Business, offering versatility for retail, office, service, or mixed-use ventures.; - Two garages: 1,800 sq ft and a larger 2,100 sq ft, one featuring a finished apartment upstairs.; - High visibility location offers immediate income potential and room for future development.
    (865) 505-8215
    Request Owner's contact information
    109 Meadow St Bristol, TN 37620
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Meadow St
    Bristol, TN 37620
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Meadow St Bristol, TN 37620
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tannor Giles
    (865) 505-8215
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.