308 8Th StBristol, TN 37620

Property Details for 308 8Th St

Year built

1997

Construction

STEEL FRAME

Lot size

204.00 AC

Property size (Sq ft)

7,312 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

082020D H 03200

APU

082020DH03200

Description

This exceptional 2,087-square-foot medical office building is available for lease in the heart of Bristol, Tennessee. Located at 308 8th Street in Sullivan County, this single-tenant property presents a unique opportunity for medical professionals seeking a well-situated space to establish or expand their practice. The entire building is currently vacant, offering immediate occupancy for a prospective tenant. The property's convenient location within Midtown Bristol ensures high visibility and accessibility for patients. The building's 2,087 square feet provide ample space for a variety of medical uses, allowing for customization to meet specific needs. The property is classified as an office building with a medical office subtype. Its address is 308 8th Street, Bristol, TN 37620, within Sullivan County. This presents a rare chance to secure a fully vacant, single-tenant building in a desirable location, ready for immediate use. The property's size and location make it ideal for a variety of medical practices. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The building is situated at latitude 36.5918184 and longitude -82.1868347. This is a single-tenant property, offering a unique opportunity for a medical practice seeking a dedicated space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,411,010

  6.5%

  $1,302,471

  7%

  $1,209,437

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,997

  Geo Method

  $601,997

• Alternative Use

  Use

  Valuation

  Residential

  $1,615,064

  Hospitality

  $1,479,390

  Educational

  $1,230,835

  Medical

  $1,273,165

  Retail

  $1,914,632

Location Insight

City

Bristol

County

Sullivan

State

Tennessee

Latitude

36.5917

Longitude

-82.1869

CBSA code

28700

CBSA name

KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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