Financial
Distress signals
Property profile

1241 Volunteer Pkwy Bristol, TN 37620

FOR LEASE
Other office properties
Property ID
US80-1111275
4,408 SF 5.27 ac lot Built 1978
Last sale Aug 2022 · $995,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building in Bristol, Tennessee totaling 30,959 square feet on a 5.27-acre lot, zoned for commercial use. It is configured with a mix of tenant-occupied space and leasable area, including approximately 3,000 square feet identified as available for lease. Interior improvements include updates to about 16,000 square feet with LVP flooring, new paint, replaced ceiling tiles, and new lighting, while the remaining units generally feature commercial carpet along with white walls and white ceiling finishes.

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

What does the county charge?
Assessed value · 2023$550k
Assessed land$314k
Assessed improvement$236k

Value estimate

· Sep 2026
$2.80M
$2.52M – $3.07M
AI approach$2.80M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$6k
Operating expenses−$5k
NOI · 1,219.59% cap applied$16k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$38 – $135
Qualifying comparables11

Cap rate analysis

How does the asset earn?
1,219.59%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.6
Electrical Service11.2
Auto Parts Store11.1

Location

1241 Volunteer Pkwy Bristol, TN 37620
County assessor Recorded deeds · 2 transfers 11 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2901 State, Bristol, TN 37620-1718 $130,000 May 2025 4,278 SF
1712 State, Bristol, TN 37620-1939 $444,000 Oct 2024 4,404 SF
1304 State, Bristol, TN 37620-2062 $250,000 May 2024 5,280 SF
119 Cedar Vly, Bristol, TN 37620-4954 $205,000 Oct 2023 4,287 SF
1430 Blf City, Bristol, TN 37620-6113 $110,000 Aug 2023 4,442 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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