Property profile

260 Blevins Blvd Bristol, VA 24202

OFF-MARKET
Commercial real estate
Property ID
US87-1510841
10,367 SF 1.55 ac lot Built 2000
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 260 Blevins Blvd in Bristol, Virginia (zip code 24202), presents a unique investment opportunity. The 20,000-square-foot building, constructed in 2000, sits on a 2.27-acre lot and is zoned B-3. The property features a two-story structure with three buildings in total, offering a flexible layout suitable for various retail or mixed-use businesses. The space is currently entirely vacant and can be leased as a whole (20,000 square feet) or divided into two 10,000-square-foot units, representing a minimum divisible space of 10,000 square feet and a maximum contiguous space of 10,000 square feet. The property boasts ample parking with 50 spaces available. Interior features include stained hardwood floors, multiple restrooms, meeting rooms, and break rooms on each floor. Significant storage space is available in the rear buildings, accessible via seven garage doors, with some areas offering additional upper-level storage. The property's solid concrete structure and high-end finishes make it a truly unique offering in the area. Its convenient location within five miles of the Hard Rock Hotel & Casino makes it highly attractive to businesses seeking a prime location with excellent visibility and accessibility. The property's APN is 184-2-3, 184-6-2, and is located in Washington County.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 10,367 SF
Lot 1.55 ac (67,692 SF)
APN 184 2 3
UPID US87-1510841

Cap rate & NOI

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

Location

260 Blevins Blvd Bristol, VA 24202-5977
Bristol metro Census 20400 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
$1.25M
Blend (final) Blend
$1.12M

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

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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