Financial
Distress signals
Property profile

629 State St Bristol, VA 24201

FOR LEASE
Other commercial real estate
Property ID
US87-1629988
18,911 SF 0.24 ac lot Built 1901
Last sale Oct 2025 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office property contains approximately 3,100 square feet and is located in downtown Bristol, Virginia. It has frontage with a window and an entrance on State Street. The property sits on a 0.24-acre lot and is configured to allow division into separate spaces if needed. The property is within the City of Bristol and is designated with zoning classification AE.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$532k
Assessed land$85k
Assessed improvement$447k
Effective rate1.12%

Value estimate

· Sep 2026
$300k
$270k – $330k
Submarket $/SF estimate$1.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$33 – $136

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBRISTOL CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.3
Realty agency13.6
Storage Facility13.3

Location

629 State St Bristol, VA 24201
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1545 Old Airport, Bristol, VA 24201-8313 $3,139,204 Mar 2025 18,712 SF
1000 Rhode Is, Bristol, VA 24201-4649 $1,060,000 Jan 2025 23,324 SF
703 State, Bristol, VA 24201-4142 $1,100,000 Nov 2024 9,725 SF
615 State, Bristol, VA 24201-4315 $950,000 Sep 2024 32,332 SF
611 State, Bristol, VA 24201 $950,000 Sep 2024 33,712 SF
130 Coronet, Bristol, VA 24201-2059 $1,000,000 Jun 2024 30,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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