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Property profile & analytics
OFF-MARKET
Warehouses

64 Commonwealth Ave Bristol, VA 24201

48,300 SF 2.06 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 48,300 SF
Lot 2.06 ac (89,734 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aftershock Bristol Sports Field & Court Sports School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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