Property profile

498 Washington St Bristol, VA 24201

OFF-MARKET
Warehouses
5,320 SF 0.63 ac lot
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Property summary

AI-generated overview

This exceptional 5,320 square foot industrial property, located at 498 Washington St, Bristol, VA 24201, presents a unique investment opportunity. Currently vacant, this Class B building offers immediate occupancy for a variety of manufacturing or warehousing uses. The single-story structure sits on a 0.63-acre lot and features one loading dock, providing convenient access for loading and unloading. A drive-in door further enhances operational efficiency. The interior includes a small office area, ideal for administrative functions. The asking price is $360,000, translating to a price per square foot of $67.67. This prime Bristol, Virginia location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and well-situated industrial space. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a well-maintained industrial building in a desirable location at a competitive price.

Property profile

Verified
Property type Warehouses
Total area 5,320 SF
Lot 0.63 ac (27,443 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station

Location

498 Washington St Bristol, VA 24201
Bristol metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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