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Property profile & analytics
OFF-MARKET Estimated value $505,000
Medical Office Space

308 8th St Bristol, TN 37620-2228

7,312 SF 204 ac lot Built 1997
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-0469603
Property summary
AI-generated overview

This exceptional 2,087-square-foot medical office building is available for lease in the heart of Bristol, Tennessee. Located at 308 8th Street in Sullivan County, this single-tenant property presents a unique opportunity for medical professionals seeking a well-situated space to establish or expand their practice. The entire building is currently vacant, offering immediate occupancy for a prospective tenant. The property's convenient location within Midtown Bristol ensures high visibility and accessibility for patients. The building's 2,087 square feet provide ample space for a variety of medical uses, allowing for customization to meet specific needs. The property is classified as an office building with a medical office subtype. Its address is 308 8th Street, Bristol, TN 37620, within Sullivan County. This presents a rare chance to secure a fully vacant, single-tenant building in a desirable location, ready for immediate use. The property's size and location make it ideal for a variety of medical practices. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The building is situated at latitude 36.5918184 and longitude -82.1868347. This is a single-tenant property, offering a unique opportunity for a medical practice seeking a dedicated space.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction STEEL FRAME
Total area 7,312 SF
Lot 204 ac (8,886,240 SF)
APN 082020D H 03200
UPID US80-0469603
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
Current use
Occupant on record · Public records
  • Michael Riley - Prudential Financial Financial Advisor
  • Michelle Snodgrass FNP Registered General Nurse
  • Midtown Medical Center Physician
  • William D. Astin, MD Pediatrician Physician
  • Kenneth Hess DO Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$508k
Blend (final) Blend
$505k
Owner & transaction history
Aw Bristol Midtown LLC · 5 yrs held
Aw Bristol Midtown LLC
since 2021
Last sale
$500,000
3 recorded transactions
2024
Price N/A
2021
$500,000
2008
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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