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Property profile

2182 Us-11W Bristol, TN 37620

OFF-MARKET
Retail properties & Spaces
1,000 SF 1.85 ac lot Built 1975
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1975
Total area 1,000 SF
Lot 1.85 ac (80,586 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2182 Us-11W Bristol, TN 37620
Bristol metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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