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    601 Commonwealth Ave Bristol, VA 24201

    For Sale
    $1,550,000

    High-traffic corner lot with development potential near Hard Rock Casino.

    Property size:
    1 SF
    Lot size:
    0.53 Acres

    Property Features for 601 Commonwealth Ave

    General Information

    Size
    1 SF
    Lot size
    0.53 Acres

    Source: Griffin Home Group Agent Jim Griffin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Bristol TN/VA

    This 0.90-acre property is located at the corner of Commonwealth Ave and Euclid Ave in Bristol TN/VA. The site consists of three parcels being sold together. Situated 1.9 miles from the Hard Rock Casino and 1.0 mile from State Street, this location offers visibility and access due to high daily traffic. This property presents development potential for entrepreneurs and investors looking to capitalize on the city's growing economy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Asia Spa Massage Spa Asia Spa Massage Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.1917976
    Latitude
    36.6031878

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    FAQs

    What type of property is this?
    Commercial land - High-traffic corner lot with development potential near Hard Rock Casino.
    Where is this commercial land located?
    The property is located at 601 Commonwealth Ave Bristol, VA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Prime 0.90-acre corner lot at the intersection of Commonwealth Ave and Euclid Ave, offering **high visibility and access.**; - Strategically located 1.9 miles from the Hard Rock Casino and 1.0 mile from State Street.; - High-traffic location with thousands of vehicles passing daily, ensuring a consistent flow of potential customers.
    (423) 482-0743
    Request Owner's contact information
    601 Commonwealth Ave 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
    601 Commonwealth Ave Bristol, VA 24201
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