64 Commonwealth Ave Bristol, VA 24201
This exceptional 48,300-square-foot warehouse at 64 Commonwealth Ave, Bristol, VA, presents a compelling investment opportunity. Priced at $2,400,000 ($49.69/sq ft), this multi-tenant property sits on a generous 2.06-acre lot. The property's industrial classification and warehouse subtype cater to a wide range of potential uses, making it highly adaptable to evolving market demands. The Net Net Net (NNN) lease structure offers a streamlined approach to ownership, minimizing management responsibilities. Located in Bristol, Virginia, zip code 24201, this property benefits from a strategic location within the city, offering excellent access to transportation networks and a thriving local economy. The substantial size of the warehouse, coupled with its versatile nature, makes it an ideal asset for investors seeking strong returns and long-term growth potential. This is a rare opportunity to acquire a significant industrial property in a dynamic market, promising substantial financial gains and the chance to contribute to Bristol's continued economic expansion. The property's size and location make it suitable for a variety of businesses and industrial operations. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
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Aftershock Bristol Sports Field & Court Sports School
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
Similar Nearby for Lease
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.