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1836 Volunteer Pkwy Bristol, TN 37620

Retail space Google Maps
7,424 SF 226 ac lot Built 1973
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$425k
Range $383k – $468k (±10%)
Property ID US80-1858109

Property summary

AI-generated overview

This 3,200 square foot single-tenant building, situated on 0.9 acres in Sullivan County's Tri-Cities submarket (Bristol - Bristol Motor Speedway cluster), presents a unique investment opportunity. Constructed in 1985 and extensively renovated in 2020, the property boasts a 16-foot ceiling height and a completely open floor plan due to its free-span construction, offering exceptional flexibility for various uses. The building is fully spray-foamed for superior insulation. While previously used as business offices, the recent renovations have prepared it for retail or flex space. Its location within two miles of the Bristol Motor Speedway ensures high daily traffic counts, making it an ideal location for businesses seeking high visibility. The property is classified as Class C and features one single-story building. Parking is shared. The building is serviced by BTES power and does not include elevators. The property is currently entirely vacant and ready for immediate occupancy. This adaptable space offers a compelling combination of location, flexibility, and recent renovations, making it an attractive option for a wide range of businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,424 SF
Lot 226 ac (9,844,560 SF)
APN 082053A G 01310
UPID US80-1858109

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
  • Tech Support Center IT Consulting Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2020
Last sale
$450,000
3 recorded transactions
2020
$450,000
1990
$350,000
1989
$116,800

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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More about this property
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