Technical
Financial
Distress signals
Property profile

105 Mdw Vw Rd Bristol, TN 37620

OFF-MARKET
Office Spaces
Property ID
US80-1921785
8,320 SF 1.26 ac lot Built 2002
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,274 square foot office suite, located at 105 Meadow View Road, Suite 3, in Sullivan County, is now available. Part of Meadowview Commercial Park, this single-story building offers a convenient location on Highway 126, less than half a mile from West State Street and two miles from the Bristol Hard Rock Hotel and Casino. The suite, previously used as a body building space, features an open floor plan, ideal for a variety of businesses. The space is situated within a larger building containing six suites, with other established tenants including Good Days Child Care and Appalachian Rehabilitation and Sports Medicine. The property boasts ample paved parking with convenient door-front spaces. The location provides easy access to Interstate 81 (Exit 74a/b), Bristol Regional Medical Center, and The Pinnacle, a major shopping and dining destination. The building is classified as Class C and sits on a 2.52-acre lot. The entire building comprises 8,958 square feet, with 1,274 square feet currently vacant. A unique opportunity exists with a six-month free rent incentive offered with a five-year initial lease term. This property offers a blend of accessibility, established tenancy, and a prime location within a thriving commercial park. The property features one building with a single story. The APN is 082020HA03500.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,320 SF
Lot 1.26 ac (54,886 SF)
APN 082020H A 03500 002
UPID US80-1921785

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

105 Mdw Vw Rd Bristol, TN 37620-1725
Bristol metro Census 42704 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$876k
Blend (final) Blend
$1.30M

Owner & transaction history

since 2023
Last sale
$975,000
5 recorded transactions
2023
$975,000
2008
Price N/A
2007
$3.4M
2005
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.1M +56.6%

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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