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Property profile & analytics

2940 Paulena Dr Bristol, VA 24202-5945

  • Commercial real estate
  • 6,080 SF
  • 0.56 lot acres
OFF-MARKET
Last Sale
Feb 23, 2025
$880,000
Value Estimations
$765,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-1509133
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

  • Bristol nail bar / Nail Salon
  • State Farm Insurance / Insurance Agency
  • Air Force and Space Force Recruiting Office / Military Recruiting Office
  • Army Bristol Recruiting Office / Military Recruiting Office / Army Facility
  • US Navy Enlisted Recruiting / Military Recruiting Office

Property Details for 2940 Paulena Dr

Year built
2003
Lot size
0.56 lot acres
Property size
6,080 SF
Property type
Commercial real estate
APN
187 2 4B
APU
18724B

Description

The Old Bakery Centre, located at 2940 Paulena Dr, Bristol, VA 24202, offers a unique opportunity to lease 1,347 square feet of office space in a single-story, 5,937 square foot building situated on a 0.56-acre lot. This traditional office space is part of a multi-tenant building with a total of three suites. The property enjoys a prime location within Bristol's retail corridor, offering excellent visibility and accessibility. High traffic counts exceeding 20,000 vehicles daily on Lee Highway and 80,000 on I-81 ensure significant exposure. The strategic location is further enhanced by its proximity to major retailers such as Walmart, Sam's Club, Target, Hobby Lobby, and Texas Roadhouse, as well as the new Hard Rock Casino, located just three miles away. This versatile space is ideal for office or retail use and is currently vacant. Previous use was a nail salon. New ownership offers incentives including free rent and/or tenant improvements. The property is easily accessible from I-81.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $725,000
    Market price range: $256k - $1.21M
    AI Estimate
    $565,000
    Market price range: $176k - $776k

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


Location Insight

  • Map
  • Local Demand
City
Bristol
County
Bristol
State
Virginia
Longitude
-82.1321
Latitude
36.6316
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
2024
$6,526
$290,100
$292,600
$582,700
-
$290,100
$292,600
$582,700
More about this property
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