Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Industrial properties

    1 Centre Dr, Bristol, TN 37620

    13,500 SF 72 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 72-acre property in Bristol, Tennessee, presents a unique investment opportunity. The main building, totaling 13,500 square feet of net rentable space, was constructed in 1980 and extensively renovated in 2016. Boasting a 9-foot ceiling height, the building features a commercial kitchen with walk-in cooler and freezer, a bar in the social hall, a large meeting room (suitable for dining, office space, or an apartment), seven private offices, and a sizable room with a roll-up overhead door (ideal for storage, a studio, or event space). The property also includes approximately 130 paved parking spaces and a brick-paved veranda with a fireplace and pergola. The site is conveniently located equidistant from Bristol Motor Speedway, South Holston Lake, Harrah's Casino, and downtown Bristol, offering unparalleled versatility. Zoned M-2 Industrial, the property allows for numerous uses, including event venues, religious facilities, restaurants, RV parks, sports camps, or residential development. Approximately 10-15 acres near the building are buildable, with potential for short-term rentals, additional structures, or permanent housing. A large sloping hillside could even serve as an amphitheater. The property is accessed via a gated private drive off US Highway 421. Offered at $1,200,000 ($88.89/sq ft), this fee-simple ownership presents a rare chance to acquire a substantial property with significant upside potential in a thriving location. The single-story building sits on a 72-acre lot.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1980
    Total area 13,500 SF
    Lot 72 ac (3,136,320 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
    • Centre Wedding Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1 Centre Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message