4521 Bristol Hwy Piney Flats, TN 37686
This fee-simple office building, totaling 15,313 square feet, is situated on a 1.24-acre lot in Piney Flats, Tennessee (Sullivan County, zip code 37686), at 4521 Bristol Hwy. Built in 1984 and renovated in 2005, the property boasts a 100% occupancy rate with a current asking price of $1,700,000 ($111.02/sq ft). The property features a brand new 5-year lease with American Fundraising Group, an absolute NNN lease with zero landlord responsibilities, generating a net operating income (NOI) of $150,000 and an 8.82% cap rate. The B-4 General Commercial zoning allows for diverse uses. The location benefits from high visibility and accessibility on Bristol Highway (25,700 vehicles per day) and proximity to Interstate 26 (37,500 vehicles per day), placing it within a thriving retail corridor alongside national tenants such as Tractor Supply Co, Dollar General, Food City, Shell, and Cracker Barrel. The 10-mile trade area encompasses a population exceeding 167,100 residents and 102,200 employees, with a strong average household income of $119,053 within a 3-mile radius. This presents a compelling investment opportunity with strong demographics and minimal management requirements.
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Mountain Empire Promotions (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.