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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    435 Shelby Ln Bristol, TN 37620

    • Self storage facilities
    • 2.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1279012
    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

    • Self storage facilities

    Property Details for 435 Shelby Ln

    Lot size
    2.50 lot acres
    Property type
    Self storage facilities
    APN
    082037FA02300

    Description

    This exceptional 2.5-acre commercial land parcel presents a unique development opportunity in Bristol, Tennessee. Strategically located on the corner of Volunteer Parkway and Shelby Lane, this property boasts over 340 feet of frontage along the busy four-lane Volunteer Parkway, ensuring high visibility and accessibility. The slightly elevated terrain provides excellent sightlines for potential businesses. Priced at $299,000, this represents a compelling value at $187,600 per acre. The property's location offers significant advantages, with nearby established businesses such as Hardee's, Lowe's, and First Bank & Trust, as well as the Dominion Senior Living facility on Shelby Lane. Its versatile zoning makes it suitable for a wide range of commercial uses, including retail establishments, professional offices, medical facilities, or even a hotel. The property's APN is 082037FA02300. This prime location in Sullivan County, with its easy access to major roadways and a strong local economy, makes this an ideal investment for developers seeking high-impact commercial development. The address is 435 Shelby Ln, Bristol, TN 37620. This is a rare opportunity to acquire a significant commercial parcel in a thriving area. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.20683
    Latitude
    36.563046

    Comparable in this City

    • $299,900
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      Commercial Property Near Hard Rock Casino

      Mixed-use property near Hard Rock Casino, suitable for retail/medical.
      102 Memorial Dr, Bristol, TN 37620
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    • $4,500,000
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      Bristol Campground and Event Parking

      112-acre campground and event parking near Bristol Motor Speedway.
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      Holston Riverfront Lodge with Rental Cabins

      Premier vacation destination with river frontage and rental income potential.
      383 S Tva Rd, Bristol, TN 37620
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    • $1,500,000
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      Lakefront Property with Development Potential

      30.8-acre lakefront property with development potential near Bristol, Tennessee.
      6144 Us Hwy 421, Bristol, TN 37620
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    • $100,000
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      Commercial Land Near Bristol Speedway

      0.7-acre commercial land near Bristol Motor Speedway with road frontage.
      Volunteer Pkwy, Bristol, TN 37620
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    • $5,100,000
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      Bristol, TN Commercial Property

      Premier vacation destination with river frontage and rental cabins.
      383 S Tva Rd, Bristol, TN 37620
      View Details

    Similar Nearby for Sale

    • $299,900
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      Commercial Property Near Hard Rock Casino

      Mixed-use property near Hard Rock Casino, suitable for retail/medical.
      102 Memorial Dr, Bristol, TN 37620
      View Details
    • $5,100,000
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      Holston Riverfront Lodge with Rental Cabins

      Premier vacation destination with river frontage and rental income potential.
      383 S Tva Rd, Bristol, TN 37620
      View Details
    • $4,500,000
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      Bristol Campground and Event Parking

      112-acre campground and event parking near Bristol Motor Speedway.
      100 Sportsway Dr, Bristol, TN 37620
      View Details
    • $1,500,000
      30.80 Acres

      Lakefront Property with Development Potential

      30.8-acre lakefront property with development potential near Bristol, Tennessee.
      6144 Us Hwy 421, Bristol, TN 37620
      View Details
    • $100,000
      0.70 Acres

      Commercial Land Near Bristol Speedway

      0.7-acre commercial land near Bristol Motor Speedway with road frontage.
      Volunteer Pkwy, Bristol, TN 37620
      View Details
    • $5,100,000
      9,824 SF

      Bristol, TN Commercial Property

      Premier vacation destination with river frontage and rental cabins.
      383 S Tva Rd, Bristol, TN 37620
      View Details

    Similar Nearby for Lease

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    • $12 SF/Yr
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      Bristol Office/Retail Space - Excellent Location

      3,200 SF Single-Tenant Office/Retail Space
      1836 Volunteer Pkwy, Bristol, TN 37620
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      Renovated Commercial Space in Bristol

      Charming, open-concept space with high ceilings and abundant natural light.
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      Downtown Bristol Office Space

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    • $11 SF/Yr
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      1135 Volunteer Pkwy

      Retail properties • 32,250 SF
      1135 Volunteer Pkwy, Bristol, TN 37620
      View Details
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    435 Shelby Ln
    Bristol, TN 37620
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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