2182 Us-11W Bristol, TN 37620
This exceptional investment opportunity encompasses a 1.85-2 acre parcel of land zoned for full commercial use, strategically located on US-11W in Bristol, Tennessee (zip code 37620). The property boasts a high daily traffic count (13,000 ADT) and enjoys convenient proximity to I-81 and The Pinnacle. The site features two buildings totaling 3,000 net rentable square feet, with a ceiling height of 18 feet. One building is a fully operational two-bay garage equipped with a lift, while the other is a former market/store, adaptable for various uses such as a live-in business, retail space, or office. The property includes four pads, sixty parking spaces, and two gated fenced storage areas. Improvements were made in 2004, 2020, and 2023. The property is offered fee simple and has a 3.04% cap rate, with projected monthly rents of $3,500-$4,000. The asking price is $395,000. The property's versatility allows for multiple uses, including the potential to construct an additional 5,000-8,000 square foot building or warehouse. This rare opportunity presents significant potential for growth and return on investment. The property's APN is 082018 05405. The buildings were constructed in 1975. The property includes two units.
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.