Financial
Distress signals
Property profile

1229 State St Bristol, VA 24201

OFF-MARKET
Commercial real estate
Property ID
US87-2695648
2,130 SF 0.32 ac lot Built 1958
Last sale Apr 2025 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,260 square foot commercial building is ideally situated at 1229 W State Street in the heart of Bristol, VA. Boasting over 2,100 square feet of flexible space, this property presents endless possibilities for a variety of business ventures. Its prime location ensures maximum exposure and visibility, attracting a steady stream of potential customers. The building offers ample parking both to the side and rear, providing convenient access for clients and employees. This is…

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?
$2k
Tax billed · 2024
Assessed value$150k
Assessed land$56k
Assessed improvement$93k
Effective rate1.12%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$290k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.4
Garden Center10.3
Parking Facility10.1

Location

1229 State St Bristol, VA 24201-3716
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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
2313 State, Bristol, VA 24201-3645 $100,000 May 2025 2,544 SF
1117 State, Bristol, VA 24201-3715 $167,000 Jan 2025 1,600 SF
1000 Sycamore, Bristol, VA 24201-4117 $140,000 Oct 2024 1,593 SF
135 Seward, Bristol, VA 24201-3711 $65,000 Aug 2024 2,904 SF
127 Moore, Bristol, VA 24201-4346 $98,000 Jul 2024 2,102 SF
300 Janie Hammitt, Bristol, VA 24201-5257 $78,000 Feb 2024 2,601 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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