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    1740 Bonham Rd Bristol, VA 24201

    New
    For Lease
    $3,000,000

    COMMERCIAL - Bristol, VA

    Property size:
    15,000 SF
    Lot size:
    1.58 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 14 at 2:06 am

    Property Features for 1740 Bonham Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R
    APN
    267-1-24
    Size
    15,000 SF
    Lot size
    1.58 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1966
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle

    Greater Kingsport Realty (423) 433-6500 [email protected]

    Listing agent Emily Thomas (423) 210-4155 License #367784

    Listing date Dec 12, 2025

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity in Bristol

    This multi-family property, located in Bristol, Virginia, features four buildings with a total of 20 rental units. The property is currently operating as a rental, presenting an opportunity for investors seeking to expand their portfolio or acquire a stabilized multi-unit asset. Situated on a 1.58-acre lot, the property is zoned R. Several units have been updated, offering a combination of existing improvements and potential for future value-add through renovations and rent optimization. The location is near shopping, dining, schools, and major roadways, supporting consistent rental demand. The layout, with multiple buildings on one site, allows for manageable operations and long-term investment potential. The property size is 15000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.129368
    Latitude
    36.622334

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    FAQs

    What type of property is this?
    Apartment building - 20-unit multi-family property for rent in Bristol, Virginia.
    Where is this apartment building located?
    The property is located at 1740 Bonham Rd Bristol, VA.
    What are key features of this property?
    This property features: - Strong income potential with 20 rental units in a well-established area of Bristol, Virginia.; - Currently operating as a rental property, offering a stabilized multi-unit asset for immediate income.; - Convenient location near shopping, dining, schools, and major roadways, ensuring consistent rental demand.
    (423) 210-4155
    Request Owner's contact information
    1740 Bonham Rd Bristol, VA 24201
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    Bristol, VA 24201
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    Realmo Value Estimation

    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.

    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.

    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
    1740 Bonham Rd Bristol, VA 24201
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