B-3 Storefront Commercial
1232 Volunteer Pkwy, Bristol, TN 37620
For Sale
Contact for pricing
Level commercial parcel with public utilities and concrete block construction.
Property Size900 SF
Lot Size0.18 Acres
Price / SF$305.56
Days on Market98
Property Features for 1232 Volunteer Pkwy
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Traffic Count
Utilities to Site
Building Details
Construction
Listing Agency:
TCI Group-Jerry Petzoldt Agency LLC
(423) 230-0255
Listed By:
Megan Helton · License TN #386307
(865) 274-1746
Source:
Moodyscre
Added: Aug 5
Changed: Oct 25
Last Checked: Nov 8 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCI Group-Jerry Petzoldt Agency LLC
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Investment Insights
Based on property information with market context.
This storefront property includes a 900-square-foot commercial building on a level 0.18-acre parcel. The structure features concrete block construction and is supported by public water, sewer, electric, and natural gas service. B-3 commercial zoning accommodates retail, office, service, and other commercial uses identified for the property. The building and site offer a straightforward base for continued occupancy or physical updates.
Located along Volunteer Parkway in Bristol, the property records approximately 18,399 vehicles in average daily traffic. Commercial activity has been associated with the site for approximately 50 years, providing an established operating history along the corridor. The parcel also contains 7,841 square feet of land and offers access to the existing utility infrastructure.
Located along Volunteer Parkway in Bristol, the property records approximately 18,399 vehicles in average daily traffic. Commercial activity has been associated with the site for approximately 50 years, providing an established operating history along the corridor. The parcel also contains 7,841 square feet of land and offers access to the existing utility infrastructure.
Key Highlights
- 900 SF commercial building on a 0.18‑acre level lot
- B‑3 Commercial Zoning
- Approximately 18,399 Average Daily Traffic (ADT)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,906
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,120
$278.1K
Cap Rate 7%
$198,657
$198.7K
Cap Rate 9%
$154,511
$154.5K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$20.7K $23.04/SF
− Vacancy
−$871 −$0.97/SF
EGI
$19.9K $22.07/SF
− OpEx
−$6.0K −$6.62/SF
NOI
$13.9K $15.45/SF
Area
Sullivan County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,120
Cap Rate 7%
$198,657
Cap Rate 9%
$154,511
Alternative Uses
Best Use
Retail
$198.7K
$173.8K – $231.8K
NOI $13,906 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.0K
$294.9K – $393.2K
NOI $23,592 @ 7.0% cap · market cap 8.58%
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
18,399 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
59k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 42%
Dining 29%
Shops & Services 28%
Lowe's
Home Improvements & Furnishings
25,206 visits/mo
0.4 miles
Arby's
Dining
8,163 visits/mo
0.2 miles
Dollar General
Shops & Services
5,671 visits/mo
0.4 miles
Exxon
Shops & Services
5,667 visits/mo
0.1 miles
Hardee's
Dining
5,360 visits/mo
0.2 miles
Demographics for 37620, TN
38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Sullivan County, TN
Properties on Market for Storefront properties in Sullivan County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Level commercial parcel with public utilities and concrete block construction.
Where is this storefront property located?
The property is located at 1232 Volunteer Pkwy Bristol, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 900 SF commercial building on a 0.18‑acre level lot; B‑3 Commercial Zoning; Approximately 18,399 Average Daily Traffic (ADT)
