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    Property profile & analytics

    2871 State St Bristol, TN 37620-1716

    • Turn key restaurants
    • 3,996 SF
    • 190.00 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Oct 02, 2023
    Location Intelligence
    Property ID
    US80-0542758
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2871 State St

    Year built
    2004
    Lot size
    190.00 lot acres
    Property size
    3,996 SF
    Property type
    Turn key restaurants
    APN
    082020B A 01401
    APU
    082020BA01401

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.2189
    Latitude
    36.5932
    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
    $85,680
    $208,480
    $294,160
    -
    $214,200
    $521,200
    $735,400

    Comparable in this City

    • Value Estimation by Request
      3,948 SF

      333 Blf City Hwy

      RESTAURANT • 3,948 SF
      333 Blf City Hwy, Bristol, TN 37620-4601
      View Details
    • Value Estimation by Request
      3,450 SF

      16 6th St

      RESTAURANT • 3,450 SF
      16 6th St, Bristol, TN 37620-2213
      View Details
    • Value Estimation
      $2,570,000
      6,872 SF

      118 Volunteer Pkwy

      RESTAURANT • 6,872 SF
      118 Volunteer Pkwy, Bristol, TN 37620-2262
      View Details
    • Value Estimation
      $295,000
      9,400 SF

      644 State St

      RESTAURANT • 9,400 SF
      644 State St, Bristol, TN 37620-2246
      View Details
    • Value Estimation
      $850,000
      3,023 SF

      1117 Volunteer Pkwy

      RESTAURANT • 3,023 SF
      1117 Volunteer Pkwy, Bristol, TN 37620
      View Details
    • Value Estimation
      $450,000
      3,767 SF

      2815 State St

      RESTAURANT • 3,767 SF
      2815 State St, Bristol, TN 37620-1716
      View Details

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    • $900,000
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      Bristol Commercial Property - 7,050 SF

      Prime Bristol location, 7,050 sq ft, 3.5 acres
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    Similar Nearby for Lease

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      Commercial property suitable for entertainment, retail, or restaurant uses.
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      Downtown Bristol Commercial Space Available

      22,500 sq ft commercial space in thriving downtown Bristol, TN.
      628 State St, Bristol, TN 37620
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    • $8,500 /Mo
      8,500 SF

      Downtown Bristol Commercial Space Available

      8,500 sq ft commercial space in thriving downtown Bristol, TN.
      628 State St, Bristol, TN 37620
      View Details
    • $8 SF/Yr
      60,000 SF

      Volunteer Plaza: Retail Opportunity

      Prime Sullivan County retail space, 60,000 SF available.
      1379 Volunteer Pkwy, Bristol, TN 37620
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    • $795,000
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      Historic Victorian with Modern Functionality

      Iconic Victorian building with commercial kitchen and ample parking.
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      Prime Retail Space Available, High Traffic
      740 Volunteer Pkwy, Bristol, TN 37620
      View Details

    Property Visit Statistics

    • Visits by month
      22.4k
    • Visitors by month
      15.2k
    • Avg Time on site
      18 min
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    2871 State St
    Bristol, TN 37620-1716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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