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    249 Midway Medical Park Bristol, TN 37620-1693
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    Property profile & analytics

    249 Midway Medical Park Bristol, TN 37620-1693


    • Medical Office Space
    • 11,532 SF
    • 1.93 lot acres
    Off-Market
    Last Sale Apr 9, 2025
    $615,000
    Property ID
    US80-0314464
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Glenn H. Birkitt Jr, MD / Physician
    • Dr. Karen E. Shelton, MD / Physician
    • Dr. David P. Russell, MD / Physician
    • Spires Ross R Do / Physician
    • Alan Gorrell / Physician

    Property Details for 249 Midway Medical Park

    Year built
    1969
    Construction
    FRAME
    Lot size
    1.93 lot acres
    Property size
    11,532 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    082020B A 03700
    APU
    082020BA03700

    Description

    This exceptional 10,982 square foot medical office building in Bristol, Tennessee presents a compelling owner-user opportunity. Situated on a 1.93-acre lot in the Midway Medical Park, this Class B property boasts two separate entrances, ideal for multiple tenants or expansion. Built in 1969, the two-story building offers ample parking with 68 spaces and benefits from easy ingress and egress. Its prime location is approximately 0.5 miles from the Hard Rock Hotel & Casino Bristol and 1 mile from I-81, exit 1, ensuring high visibility and convenient access. The property also includes a vacant lot suitable for expansion or additional parking, adding significant potential. Located near a Kroger-anchored shopping center, this property is zoned B-3 (General Business District) and is designated as an Opportunity Zone, offering potential tax advantages. The asking price is $795,000, translating to $72.39 per square foot. The property's APN is 020B A 037.00. This is a rare opportunity to acquire a well-located, versatile medical office building with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $615,000
      ML approach
      $570,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $650,000
      Market price range: $485k - $1.41M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.2193
    Latitude
    36.5947
    CBSA code
    28700
    CBSA name
    KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $52,120
    $229,120
    $281,240
    -
    $130,300
    $572,800
    $703,100
    More about this property
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