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

    227 Bluff City Hwy Bristol, TN 37620

    Sponsored
    For Sale
    $180,000

    COMMERCIAL - Bristol, TN

    Property size:
    2,400 SF
    Lot size:
    0.68 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 26 at 7:06 am

    Property Features for 227 Bluff City Hwy

    General Information

    Special listing conditions
    In Foreclosure
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    In Foreclosure
    Standard status
    Active
    Zoning
    B3
    APN
    037d F 015.00
    Size
    2,400 SF
    Lot size
    0.68 Acres

    Building Details

    Year built
    1960
    Building materials
    Block, HardiPlank Type

    We can help!

    Listing Contact
    Bryan Sangid
    Bryan Sangid

    The Elite Team Agency (423) 656-0333

    Listing agent Bryan Sangid (423) 656-0333 License #321218

    Listing date Jan 20, 2026

    MLS# 9989309

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Downtown Bristol Commercial Space Available

    This commercial space, situated in the active downtown area of Bristol, Tennessee, offers approximately 2,400 square feet of space suitable for various business concepts. The property benefits from recent improvements, providing a head start for establishing a business. Its B3 designation allows for broad use, enhancing its adaptability. Located along one of Bristol's most traveled routes, the property provides constant exposure and convenient access for customers. The property includes ample parking and a front canopy. The lot size is 0.68 acres. This location presents an opportunity to establish a business in a rapidly developing part of town surrounded by growth and activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gabby's Auto Sales Car Dealer ZMD Construction General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.189876
    Latitude
    36.571236

    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
    • $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
    • New
      $525,000
      Pending

      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
      Pending

      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?
    Storefront property - Commercial space in Bristol's active downtown area, ready for business.
    Where is this storefront property located?
    The property is located at 227 Bluff City Hwy Bristol, TN.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Prime downtown location in Bristol's active area.; - Approximately 2,400 square feet of commercial space.; - Broad-use B3 designation allows for diverse business concepts.
    (423) 656-0333
    Request Owner's contact information
    227 Bluff City Hwy 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.
    227 Bluff City Hwy
    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
    227 Bluff City Hwy 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
    Bryan Sangid
    Bryan Sangid
    Real Estate License ID: 321218
    (423) 656-0333
    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.