304 Rosedale Ln Bristol, TN 37620-5055
- Warehouses
- 7,452 SF
- 170.00 lot acres
Current Use by Public Records
- BKT Corporation / Warehouse
- Renewable Resources LLC / Manufacturer
- Shield Pros / Concrete Contractor
Property Details for 304 Rosedale Ln
- Year built
- 1962
- Lot size
- 170.00 lot acres
- Property size
- 7,452 SF
- Property type
- Warehouses
- APN
- 082038B B 01300
- APU
- 082038BB01300
Description
This exceptional 6,556-square-foot flex space, situated on a 0.59-acre lot in Bristol, Tennessee, presents a compelling investment opportunity. The property, boasting a fee-simple ownership, is a single-story, 1962-built building that underwent renovations in 2021. Classified as a Class B industrial property with M-1 zoning, it offers versatile usage potential for various businesses. The building features 12-foot ceilings, strong concrete floors, and concrete block walls, enhanced by new LED lighting. Convenient loading and unloading are facilitated by two loading docks and one dock-high door, accommodating both tractor-trailers and smaller vehicles. Internal features include several offices, a test room, a tool bin, and separate restrooms for men and women. The property's robust electrical infrastructure includes a 600-amp, 3-phase service, even featuring busbar lines for ample power distribution. Previously used for manufacturing industrial machinery, this adaptable space is ideal for a range of manufacturing, fabrication, storage, or other industrial uses. The asking price is $399,000, translating to $60.86 per square foot. The total gross building area is 6,556 square feet, with a net rentable area of the same size. The property's address is 304 Rosedale Ln, Bristol, TN 37620, and its APN is 082038BB01300.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $205,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $190,000
- Mixed-Use
- $210,000
- Hospitality
- $220,000
- Educational
- $215,000
- Residential Income
- $230,000
- Energy
- $245,000
- Income-Based Land
- $215,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.1685
- Latitude
- 36.5716
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
