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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1036 4th St Bristol, TN 37620-3862

    • Warehouses
    • 2,914 SF
    • 67.00 lot acres
    OFF-MARKET
    Value Estimations
    $330,000
    Show details
    Cap Rate Potential
    7.8%
    Warehouses
    Location Intelligence
    Property ID
    US80-1542478
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Richard A Myers Plumbing & Heating / Plumber
    • Sure Drain Portables / Plumber

    Property Details for 1036 4th St

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    67.00 lot acres
    Property size
    2,914 SF
    Property type
    Warehouses
    APN
    082021I E 02700
    APU
    082021IE02700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $390,000
      6.5%
      $360,000
      7%
      $335,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $380,000
      COMMERCIAL (GENERAL)
      $240,000
      AUTO REPAIR, GARAGE
      $210,000
      RETAIL STORES
      $200,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.1738
    Latitude
    36.5828
    CBSA code
    28700
    CBSA name
    KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $2,880
    $8,080
    $10,960
    -
    $7,200
    $20,200
    $27,400

    Comparable in this City

    • Value Estimation
      $240,000
      5,868 SF

      102 16th St

      WAREHOUSE, STORAGE • 5,868 SF
      102 16th St, Bristol, TN 37620-1929
      View Details
    • Value Estimation
      $370,000
      4,859 SF

      1130 5th St

      WAREHOUSE, STORAGE • 4,859 SF
      1130 5th St, Bristol, TN 37620-4414
      View Details
    • Value Estimation
      $310,000
      7,500 SF

      261 Acres Dr

      WAREHOUSE, STORAGE • 7,500 SF
      261 Acres Dr, Bristol, TN 37620-9048
      View Details
    • Value Estimation
      $240,000
      5,000 SF

      133 Blackley Rd

      WAREHOUSE, STORAGE • 5,000 SF
      133 Blackley Rd, Bristol, TN 37620-5025
      View Details
    • Value Estimation
      $315,000
      6,000 SF

      200 Bristol College Dr

      WAREHOUSE, STORAGE • 6,000 SF
      200 Bristol College Dr, Bristol, TN 37620
      View Details
    • Value Estimation
      $265,000
      9,990 SF

      623 Broad St

      WAREHOUSE, STORAGE • 9,990 SF
      623 Broad St, Bristol, TN 37620
      View Details

    Similar Nearby for Sale

    • $749,900
      25,758 SF

      Historic Bristol Commercial Redevelopment Opportunity

      Unique 25,758 SF property in revitalized downtown Bristol.
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    • $2,500,000
      70.00 Acres

      Prime Bristol TN Land - 70 Acres

      70-acre mixed-use development opportunity.
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    • $2,300,000
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      Upscale Bristol Commercial Space

      High-end flex space, prime location. Excellent investment opportunity.
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    • $189,000
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      Prime Bristol Commercial Property

      1.4-Acre Lot, High Visibility
      571 Walnut Hl Rd Rd, Bristol, TN 37620
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    • $575,000
      1.21 Acres

      Mobile Home Park for Sale

      9-unit mobile home park on 1.21 acres in Bristol.
      1717 Maryland Ave, Bristol, TN 37620
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    • $1,400,000

      Highway Frontage Land For Sale

      Undeveloped 4.3 acre lot on W. State Street.
      3157 W State St, Bristol, TN 37620
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    Similar Nearby for Lease

    • Contact for pricing
      521,824 SF

      Prime Bristol Warehouse Space

      Large warehouse, flexible lease options
      364 Exide Dr, Bristol, TN 37620
      View Details
    • $850 /Mo
      1,300 SF

      Bristol, TN Commercial Flex Space

      Flex space suitable for storage or construction shop.
      1100 5Th St, Bristol, TN 37620
      View Details
    • $15 SF/Yr
      1,750 SF

      Spacious Office in Prominent Building

      Open office space with conference room and kitchenette available for rent.
      1155 Volunteer Pkwy, Bristol, TN 37620
      View Details
    • $1,500 /Mo
      2,400 SF

      Retail Space in Bristol, TN

      2,400 sq ft retail space for rent in Bristol.
      1605 Southside Ave, Bristol, TN 37620
      View Details
    • $25 SF/Yr
      225 SF

      Downtown Bristol Storefront Space

      Storefront space in a unique downtown Bristol location.
      28-32 6Th St, Bristol, TN 37620
      View Details
    • $9 SF/Yr
      26,000 SF

      Downtown Bristol Retail Opportunity

      Two-story retail space with excellent street presence and natural light.
      615-621 Shelby St, Bristol, TN 37620
      View Details
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    1036 4th St
    Bristol, TN 37620-3862
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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