Property profile

500 Gate City Hwy Bristol, VA 24201

OFF-MARKET
Commercial real estate
Property ID
US87-2684557
571,262 SF 37.48 ac lot Built 1985
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 571,262 SF
Lot 37.48 ac (1,632,455 SF)
APN 22 1 5-10 PL
UPID US87-2684557

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Clothing Store
  • Hotel & Motel Resort
  • (Bike/Boat/Book/etc) Store Photography Service

Location

500 Gate City Hwy Bristol, VA 24201-2372
Bristol metro Census 20100 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$77.63M
Blend (final) Blend
$520k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.8M
2015
$2.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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