Fenced Warehouse
116 Old Thomas Bridge Road, Bluff City, TN 37618
For Sale
$1,500,000
Commercial Sale, Bluff City, TN
Property Size18,520 SF
Lot Size3.31 Acres
Price / SF$80.99
Days on Market844
Property Features for 116 Old Thomas Bridge Road
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Hurd Realty, LLC
(423) 491-8335
Listed By:
Grant Honeycutt · License TN #353034
(423) 895-2070
Added: Jul 21, 2024
Changed: Oct 2
Last Checked: Nov 11 at 1:06PM
MLS# 9968888
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.
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Investment Insights
Based on property information with market context.
This warehouse property includes an 18,520-square-foot metal-sided building on 3.31 acres. The site is fenced and features a metal roof, central air, public water, and a septic tank. Constructed in 1969, the building provides a substantial footprint for inventory and operating functions.
The property is located at 116 Old Thomas Bridge Road in Bluff City, across from Bristol Motor Speedway and near Highway 19 and Highway 11E. Reported traffic volume is 18,456 vehicles daily. The sale also includes inventory and a transferable business license, providing a path for continuation of the existing automotive parts operation.
The property is located at 116 Old Thomas Bridge Road in Bluff City, across from Bristol Motor Speedway and near Highway 19 and Highway 11E. Reported traffic volume is 18,456 vehicles daily. The sale also includes inventory and a transferable business license, providing a path for continuation of the existing automotive parts operation.
Key Highlights
- 18,520‑square‑foot warehouse on 3.31 acres
- Fenced site with metal siding and metal roof
- Across from Bristol Motor Speedway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,665
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,453,300
$2.5M
Cap Rate 7%
$1,752,357
$1.8M
Cap Rate 9%
$1,362,944
$1.4M
Market Conditions
NOI Build-Up for 18,520 SF
Gross rent
$184.5K $9.96/SF
− Vacancy
−$9.2K −$0.50/SF
EGI
$175.2K $9.46/SF
− OpEx
−$52.6K −$2.84/SF
NOI
$122.7K $6.62/SF
Area
Sullivan County, TN
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,453,300
Cap Rate 7%
$1,752,357
Cap Rate 9%
$1,362,944
Alternative Uses
Best Use
Retail
$4.09M
$3.58M – $4.77M
NOI $286,146 @ 7.0% cap · market cap 19.08%
Second Best
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,951 @ 7.0% cap · market cap 9.93%
Theoretical Best
Office A
$6.94M
$6.07M – $8.09M
NOI $485,479 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18,456 VPD
Traffic count
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37618, TN
12,729
Population
6,250
Households
2
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
69.3 sq mi
ZIP Area
184
Density / Sq Mi
$58,413
Median Household Income
$37,003
Median Earnings
$880
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Sullivan County, TN
Properties on Market for Warehouses in Sullivan County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Metal-sided warehouse with central air, fenced grounds, and public water service in a high-traffic commercial setting.
Where is this warehouse located?
The property is located at 116 Old Thomas Bridge Road Bluff City, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 18,520‑square‑foot warehouse on 3.31 acres; Fenced site with metal siding and metal roof; Across from Bristol Motor Speedway
