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    498 Washington St Bristol, VA 24201

    Sponsored
    For Sale
    $360,000

    Vacant Warehouse, 5,320 sq ft, Loading Dock

    Property size:
    5,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,320 square foot industrial property, located at 498 Washington St, Bristol, VA 24201, presents a unique investment opportunity. Currently vacant, this Class B building offers immediate occupancy for a variety of manufacturing or warehousing uses. The single-story structure sits on a 0.63-acre lot and features one loading dock, providing convenient access for loading and unloading. A drive-in door further enhances operational efficiency. The interior includes a small office area, ideal for administrative functions. The asking price is $360,000, translating to a price per square foot of $67.67. This prime Bristol, Virginia location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and well-situated industrial space. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a well-maintained industrial building in a desirable location at a competitive price.

    Property Features for 498 Washington St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,320 SF
    Class
    B
    Lot Size
    27,443 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $360,000 asking price.
    • 5,320 SF industrial building for sale.
    • Vacant, Class B property.
    • Located at 498 Washington St, Bristol, VA 24201.
    • Features one loading dock and drive‑in door.
    • Includes a small office area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stevens Oil Co Gas Station

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.176144177683
    Latitude
    36.599127606671

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    FAQs

    What type of property is this?
    Distribution property - Vacant Warehouse, 5,320 sq ft, Loading Dock
    Where is this distribution property located?
    The property is located at 498 Washington St Bristol, VA.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 asking price.; 5,320 SF industrial building for sale.; Vacant, Class B property.
    Request Owner's contact information
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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
    498 Washington St Bristol, VA 24201
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