Property profile

317 Blf City Hwy Bristol, TN 37620

OFF-MARKET
Warehouses
Property ID
US80-2371483
10,786 SF 1.86 ac lot Built 2018
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,000 square foot commercial property, situated on a one-acre lot at 317 Bluff City Hwy in Bristol, Tennessee, presents a unique investment opportunity. The building boasts a sophisticated design with polished concrete floors throughout. The layout is ideal for a variety of uses, featuring approximately 4,000 square feet of well-appointed office space and 6,000 square feet of warehouse space. Additional storage is available above a portion of the office area. The warehouse itself is impressive, featuring a center ceiling height of 28 feet and an 18-foot eave height, providing ample vertical space. Ten drive-in doors ensure efficient loading and unloading, and a convenient wash bay is included. The property is zoned B3. This turnkey operation is in pristine condition and benefits from its excellent location. The current owner is open to a sale-leaseback arrangement with a qualified investor, offering a compelling opportunity for passive income generation. This property is ready for immediate occupancy and presents a rare chance to acquire a high-quality commercial space in a desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2018
Construction FRAME
Total area 10,786 SF
Lot 1.86 ac (81,022 SF)
APN 082037D F 01300
UPID US80-2371483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Industrial Manufacturer

Location

317 Blf City Hwy Bristol, TN 37620-4601
Bristol metro Census 42801 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$954k
Blend (final) Blend
$305k

Owner & transaction history

since 2014
3 recorded transactions
2024
Price N/A
2014
$162,500
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.4M +143.3%
Commercial (general) $895,000 +55.3%
Auto repair, garage $770,000 +34.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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