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    571 Walnut Hl Rd Rd Bristol, TN 37620

    For Sale
    $189,000

    1.4-Acre Lot, High Visibility

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, situated at 571 Walnut Hill Road in Bristol, Tennessee, presents a compelling investment opportunity. The main commercial building boasts 2,400 square feet of usable space, ideally suited for a variety of businesses. Its strategic location offers unparalleled visibility and accessibility, with convenient proximity to The Pinnacle shopping center and Interstate 81, ensuring high traffic flow and excellent exposure to potential customers. The property encompasses a generous 1.4-acre lot, providing ample space for parking and potential future expansion. Adding to its versatility, an additional utility building is situated on the property, offering extra storage or workspace. The expansive lot features over 200 feet of road frontage, maximizing visibility and providing convenient access. The level terrain of the lot further enhances its functionality and usability. The property's size and location make it suitable for a wide range of commercial ventures. All information provided is based on tax records and third-party sources

    Property Features for 571 Walnut Hl Rd Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,400 SF
    Lot Size
    60,984 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.26429
    Latitude
    36.582

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    FAQs

    What type of property is this?
    Commercial real estate - 1.4-Acre Lot, High Visibility
    Where is this commercial real estate located?
    The property is located at 571 Walnut Hl Rd Rd Bristol, TN.
    What is the asking price?
    The asking price for this property is $189,000.
    (423) 845-5800
    Request Owner's contact information
    571 Walnut Hl Rd Rd Bristol, TN 37620
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    Bristol, TN 37620
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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
    571 Walnut Hl Rd Rd Bristol, TN 37620
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