Technical
Financial
Distress signals
Property profile

131 Martin Luther King Jr Blvd Bristol, TN 37620

OFF-MARKET
Office Spaces
Property ID
US80-2425527
27,000 SF 1.18 ac lot Built 1920
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,000 SF
Lot 1.18 ac (51,401 SF)
APN 082021A B 03400
UPID US80-2425527

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

131 Martin Luther King Jr Blvd Bristol, TN 37620
Bristol metro Census 42801 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.24M
Blend (final) Blend
$695k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $3.5M +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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