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Property profile & analytics
FOR LEASE
Commercial real estate

1087 Sycamore St Bristol, VA 24201

44,921 SF 1.09 ac lot Built 1911
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US87-1527560
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire a thriving retail business and its accompanying building in Bristol, Virginia. The business, operating since 2008, specializes in custom and standard doors, windows, garage doors, mobile home supplies, and decking, serving Virginia, Tennessee, and North Carolina. Known for its high-quality, made-to-order products and installation services, the business boasts a strong reputation for unparalleled craftsmanship and customer satisfaction, ensuring a stable and profitable investment. The asking price for both the business and the 1 square foot building is $4,129,113. The seller is open to leasing the existing space to the buyer, offering flexibility in acquisition strategy. Importantly, the property is only available for sale in conjunction with the established business. This presents a turnkey opportunity for an entrepreneur seeking a niche market with significant growth potential in a region identified as an emerging market with strong housing investment prospects. The property is located at 1087 Sycamore St, Bristol, VA 24201. This is a rare chance to acquire a well-established, profitable business with its associated real estate in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1911
Total area 44,921 SF
Lot 1.09 ac (47,611 SF)
APN 26 1 2 1 2 3A
UPID US87-1527560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Venue at Sycamore Junction Hotel & Motel Resort
  • THE DOOR STORE Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k
Owner & transaction history
Marty Jacobs · 5 yrs held
Marty Jacobs
since 2021
Last sale
$350,000
1 recorded transaction
2021
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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