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Property profile & analytics
OFF-MARKET
Office Spaces

2543 State St Bristol, TN 37620-1815

4,389 SF 0.62 ac lot Built 1983
Entity Owned Absentee Owner Free & Clear
Property ID
US80-1201053
Property summary
AI-generated overview

This exceptional 2,467 square foot commercial property, located at 2543 W State St, Bristol, TN 37620, presents a unique investment opportunity. Previously a bank, this vacant building offers versatile potential for a variety of businesses. Situated in Sullivan County, Tennessee, its prime location offers excellent visibility and high traffic counts, boasting proximity to the new Hard Rock Casino, ensuring a steady stream of potential customers. The property is classified as both retail and office space, providing flexibility for adaptive reuse or redevelopment. The asking price is $600,000. Given its strategic location and substantial square footage, this property is ideal for entrepreneurs seeking a high-impact commercial space. The building's current condition allows for either a comprehensive rehabilitation project, transforming it into a modern and functional space, or demolition to make way for new construction, tailored to specific business needs. This presents a rare chance to capitalize on a thriving location and create a significant return on investment. The property's convenient location near the Hard Rock Casino makes it an attractive prospect for businesses seeking high visibility and foot traffic. Serious inquiries are encouraged to explore the full potential of this promising commercial real estate opportunity.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Total area 4,389 SF
Lot 0.62 ac (27,007 SF)
APN 082020B B 00120
UPID US80-1201053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Korin Properties LLC
Korin Properties LLC
since 2025
Last sale
$440,000
6 recorded transactions
2025
$440,000
2019
Price N/A
2018
$306,250
2010
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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